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Humphrey is eloquent on the perils of inflation, but he senses another peril in slamming the U.S. economy against the dashboard if he puts on the brakes too fast. He has a businessman's horror of running a government by deficit, and is a devout believer in the balanced budget (even to the point of personal conviction that defense spending should be cut if necessary, to balance the budget). But Humphrey knows that Harry Truman's $78.6 billion budget, with its $9.9 billion deficit, is another factor which makes quick economic change impossible...

Author: /time Magazine | Title: THE TREASURY: A Time for Talent | 1/26/1953 | See Source »

Today once again we live in a period of peril, far greater peril to my mind than many of us appear to realize. The prospect of the physical annihilation of all of Harvard is for the first time in our history a possibility that we must admit. The destruction of the spiritual premises on which our whole tradition rests is likewise a possibility that no one can deny who recalls the fate of the University in Prague. To prevent such possibilities' becoming in fact realities is the problem that we face collectively and individually. Each one of us must asses...

Author: By James B. Conant, | Title: The President's Concluding Report: A Summing-Up and a Glance Ahead | 1/24/1953 | See Source »

...tend, rightly or wrongly, to convict him of a crime. Manifestly this is a delicate business. The witness must not be required to prove his guilt in demonstrating the incriminating character of the answer sought. A judge must decide when the witness has gone far enough to demonstrate his peril...

Author: NO WRITER ATTRIBUTED | Title: SELF-INCRIMINATION | 1/13/1953 | See Source »

...judge must decide when the witness has gone fare enough to demonstrate his peril...

Author: NO WRITER ATTRIBUTED | Title: Professors Score 'Mum' Witnesses | 1/8/1953 | See Source »

...given just as much emphasis as 'the problem of acquiring the ability to study and help solve economic, social and political problems.' " In his home state of Illinois, said Bestor angrily, a recent report suggests "that the schools can serve the nation in its present hour of peril by asking its students to 'make studies of how the last war affected the dating pattern of our culture.' " This type of unbridled experiment ought not to be allowed in U.S. schools, said Bestor. As educators, "we are under the most solemn obligation to proceed with care...

Author: /time Magazine | Title: Education: Firing Wild | 1/5/1953 | See Source »

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