Word: present
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Dates: during 1940-1949
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...libel suit after Pegler had called him a "lying blackguard." Last week as part proof of the let's-be-nice agreement, Pearson produced a lamblike 1946 note to him from Roaring Lion Pegler: "Let bygones be bygones . . . That is my sincere desire ... I do not believe our present course, if pursued, would benefit anyone and I do think we might bring unpleasant attention to the newspaper business, which has been very good to both of us. In fact, I think it is wasteful to devote valuable space to personal controversies between columnists...
...common denominator is a simplicity forced by economy, since, as the FORUM points out, "the church of the future . . . will have to be regarded as expendable. New York is currently witnessing the impact of present-day economy on the traditional concept of the church: the dramatic demolition of the Collegiate Reformed Church of St. Nicholas, which Frank Lloyd Wright declared the finest in New York. Located on one of Fifth Avenue's costliest and most coveted corners [48th Street], it will make way for an office building...
...Challenge. Executive secretary of the conference, Dr. Siu C. Leung, longtime general secretary of China's Y.M.C.A., made it clear that Christians could not hope to put off decisions until things blow over. "The present regime has come to stay in China," he warned. "All Christians must . . . meet the challenge for a more vital faith. And we must preach the complete gospel...
...government: "The American economy is not ... strong enough at present to carry the . . . mounting tax load . . . The continuance of fiscal uncertainty and instability will . . . undermine the system of free enterprise, by killing the incentives to take the risks essential to a dynamic, expanding economy...
...Ambitious Program. To preserve incentives, N.A.M. wanted the U.S. to 1) abolish present excise taxes except on tobacco and liquor, and substitute a uniform manufacturer's excise tax on all end products excluding foods; 2) limit the 1951 budget to $33.6 billion (some $11 billion below present estimates); and 3) return to the gold standard...