Word: peakes
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Dates: during 1960-1969
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...towering citadel of Sardis, the Harvard-Cornell team found that a deep gorge, which once cleaved the peak, had been filled with rock and refuse swept from fallen buildings. Some of the pottery pieces found in the gorge are identical with crockery of the Phyrgians. According to ancient traditions, the Phyrgians were once overlords over the Lydians, and the new findings help to confirm this...
...whole mess more in sorrow than in anger." In part, the Army's troubles stem from the Eisenhower Administration's "new look" decision to get a bigger bang for a buck by curtailing the weapons of conventional war and concentrating on the massive nuclear deterrent. From a peak strength of 1,668,579 men and a budget of $21.6 billion during the Korean war, the Army slumped in peacetime to 856,000 men and $9.5 billion...
Labor's escape from the wilderness coincides with Prime Minister Harold Macmillan's steady decline from his 1959 popularity peak, when prosperity, his confrontation with Khrushchev, and a top London advertising agency all burnished the image of "MacWonder." At their lowest ebb since the election ("this valley of sluggishness," Gaitskell called it), the Conservatives are trailing five full points behind Labor's Gallup-estimated hold on 37-5% of the population. Few expect a general election much before the government's term runs out in 1964. But Hugh Gaitskell, as his foes ruefully testify...
Soft Demand, Hard Competition. Missing in the 1961 rebound are the two classic causes of inflation: peak demand and pinched supply. Gone are the shortages of housing or steel that characterized the recoveries of 1949 and 1955, and the big bulges in capital spending that contributed to the price spiral of 1955. This year, manufacturers are operating some 20% below capacity, largely because they added so much capacity in the recent past. And cautious consumers still have their purse strings tied, partly out of persistent fear of unemployment. This apprehension has also moderated the "cost-push" pressures of rising wages...
Today, the CRIMSON is well off financially, and probably at its journalistic and technical peak. It is one of the few college dailies to withstand the strain of a six-day week, and looks forward to remaining vigorous...