Word: outlay
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Dates: during 1960-1969
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Spending more than half of this year's federal-university research outlay, these centers tend to siphon scientists away from teaching, but they also get research done-and perhaps in its proper place...
HAROLDS CLUB OR BUST! read signs plastered all over the U.S. West, luring millions of Americans to the biggest gambling joint in Reno. So profitable was the lavish emporium of slot machines, roulette, and blackjack tables that the original outlay of $600 by its owners, a thrifty family of Vermonters named Smith, paid off $16,675,000 when they sold last week to a Manhattan syndicate. Still spinning the club's wheel of chance as manager: Harold S. Smith, son of the founder and author of an autobiography aptly titled I Want to Quit Winners...
...long neglected by the papermakers, largely because of what Chairman Thomas McCabe of Scott Paper Co. terms "complacency generated by the belief that paper was irreplaceable." Even now, though the bigger paper companies have quadrupled their spending on research in the last decade, the industry's R. & D. outlay is only 0.5% of sales, v. 3% for U.S. business as a whole...
Federal aid to education is no longer a slogan but rather a massive fact. According to Oregon's Representative Edith Green, sponsor of the Administration's $1.5 billion college-aid bill, the 85th Congress alone considered 683 education bills.* The current federal outlay for 689 education programs amounts to $2 billion a year, dispensed by about 40 separate agencies. "This makes it impossible," says Mrs. Green, "for any member of Congress to know what is being done." The aid comes with strings-not so much crippling directives as warping pressures. Since it traditionally gives aid only for specific...
...result, though even a temporary alleviation of unemployment in the depressed areas is desirable, the proposed $600 million outlay can scarcely be expected to act as an effective stimulus to the total national economy. At the same time, if it passes Congress, the new program will add to the growing likelihood of yet another federal budget deficit in fiscal 1963-a circumstance unlikely to enhance confidence in the U.S. economy either at home or abroad...