Word: peakes
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Dates: during 1950-1959
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...short, says Dr. Carmichael, higher learning has fallen for "the cult of objectivity, [which] has resulted in a generation of irresponsible intellectuals, of men without convictions. As a warning, Germany is cited. There scientific learning reached its peak . . . Yet it was also there that the leadership . . . was unable to resist a fanatic who led the nation to a ruin more tragic . . . than that suffered by any other in modern history...
Some 18 miles east of Seoul, the C-119 crashed against a 2,000-ft. peak. There were no survivors; the Air Force called it the "worst transport disaster" of the Korean war.* In the litter of mangled flesh and metal, search parties found some of the presents-satin slippers, a woman's wristwatch, a pair of child's pink pajamas...
...shone warm in Miami last week as real-estate men convened for the 45th annual convention of the National Association of Real Estate Boards. Nevertheless, there was a slight chill in the air; the real-estate men felt that the big building boom had passed its peak, though they still looked for plenty of business. Construction statistics had not started to decline; housing starts this year were still running ahead of 1951. But from the tales the realtors swapped, the sales of new houses across the country were softer than at any time since the war. Good houses still sold...
Republicans will take over control of the Government at a time when U.S. business is at its alltime peak. Before the election, some glib economists had predicted a recession by the end of next year; many businessmen, conceding that 1953's first three quarters should be fine, openly worry about the fourth quarter-and after. Some Republicans are disturbed because they feel that business has nowhere to go but down, and that an easing in the supercharged rate of business may well be ahead. But the current facts of U.S. economic life hardly indicate any sharp decline...
...Arms spending, now running at the rate of $46 billion a year, will not hit its peak rate of $59 billion a year until next June. Under present plans, it will then level off at a slightly lower rate for two years...