Word: perilous
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...wished. That was fine, so long as Merrick did not have a play ready. Last week, however, he had. A few days before the opening of Philadelphia, Here I Come! (see THEATER), Merrick sent two preview passes to Kauffmann. Attached was an ominous note: "Dear Mr. Kauffmann: At your peril. Sincerely, David Merrick...
Preoccupied Voices. The Johnson Administration was acutely aware of the potential for-and the peril of-inflation. Among other things, the Treasury Department raised the interest on U.S. Savings Bonds from 3.75% to 4.15%. Only last month, when such a step was under discussion, the argument in favor was that it would make Government bonds more competitive with others, thereby bringing in added revenues; there seemed to be little thought of using it as an anti-inflationary measure. When the interest increase was announced last week, all the emphasis was on anti-inflation: raising the rate, it was argued, would...
...know that we live in times of mortal peril, always on the brink of devastation by those Communist powers that seek to crush us by moving ahead of us in scientific techniques. These nations seek the perfection of intricate devices, weaponry, missiles and air power. In this way they confidently expect that they will gain the mastery of space, the domination of the tides and the conquest of the atmosphere. The laboratories and research facilities which this so-called recommended route will destroy or cripple constitute a primary scientific arsenal of democracy in this gruelling struggle to maintain the balance...
...soldiers. For those with limited schooling, there are countless opportunities to learn valuable skills; for those with college degrees, there is something to be learned from sharing in the experience of their generation. The ambiguous nature of the war in Viet Nam-and the war's peril to life and limb-requires a higher duty quotient than usual of those who are called to serve. Still, ever since the city-states of ancient Greece first summoned their youth to arms, young men have responded to-and frequently found satisfaction in-what General Hershey calls "the privilege and obligation...
...Price Peril. Such gains will also cost something. As the U.S. enters what seems certain to be its sixth straight year of expansion, the economy is scraping up against the top limits of its current capacity. Growth has been so strong for so long that the U.S. has almost fully closed the gap between what it is actually producing and what it could theoretically produce at top steam. Just five years ago, economists calculated the gap at more than $50 billion; now the escalating demands of consumers, corporations and the Pentagon are straining the U.S.'s supply...