Word: outlay
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...will not get easier in the years ahead, even if the U.S. remains at peace. As the U.S.'s vast veteran population grows older, more veterans will suffer from chronic illnesses and require their country's care. Dr. Middleton can point to a historical example: U.S. outlay for Civil War veterans reached its peak in 1898, fully 33 years after Appomattox...
Copper Proppers. While its atomic-powered pride, the Nautilus, was undergoing her first diving tests General Dynamics declared a 100% stock dividend, and raised its cash outlay from $1 to $1.10 a quarter: the stock scooted up 14¾ points during the week, to 96⅝. Remington Rand reported a third-quarter net of $5,003,268 v. $3,144,787 a year ago, and its stock jumped 6⅜ points, to 40; giant General Motors reported quarterly net of an estimated $2.50 v. $1.60 m 1953, and near-record earnings of $806 million for the year v. $598 million...
...expected to last at least through 1960, and the Health, Education, and Welfare Department estimates that the United States now needs about 370,000 new classrooms. Unless the present low rate of school construction increases sharply, that figure will stand at 470,000 within five years. A capital outlay of between $10 billion and $12 billion is necessary to overcome current deficiencies in school plants; at least that much again would be required in the next five years to accommodate the expected enrollment increase...
...said some of the letters. "Give away two $25 U.S. savings bonds and get $38,400 back. Worth $51,200 in ten years." The get-rich-quick scheme, starting in the South last fall, spread into New York and New England last week. Each participant buys two bonds (total outlay: $37.50), gives one to his sponsor and pops the receipt for the other in the mail to the person on the top of an eleven-name list. He then knocks the top name off, and adds his to the bottom. Then he lines up two friends, collects a bond apiece...
Continuing to dominate the budget are expenditures for major national-security programs (defense, military aid, atomic energy, etc.). Estimated at $40.5 billion for 1956, cold-war spending would account for 65% of all the Government's outgo. The biggest part of that outlay ($34 billion) would go for defense, and would be spent to fit Dwight Eisenhower's concept of an efficient military force in a nuclear age: more air power, more fire power, less manpower. Said Old Soldier Eisenhower: "Never in our peacetime history have we been as well prepared to defend ourselves...