Word: present
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Dates: during 1950-1959
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Committee Democrats squirmed at Slichter's blunt insistence that the main cause of present-day creeping inflation is labor-union pressure for wage increases. Republicans winced at his equally blunt plea for a $3 billion deficit in the fiscal year ahead to stimulate the economy and shrink unemployment. Trying to be helpful, Wisconsin's Democratic Congressman Henry S. Reuss said he was sure that Slichter did not really favor a deficit "as such." Retorted Slichter, touching off a burst of laughter: "I think...
...testified in secret about the awesome difficulties of U.S. intelligence-gathering inside the Soviet Union. Most worrisome dim spot in U.S. intelligence: estimates of Soviet missile production and deployment are based not on knowledge of actual output but on estimates of missile-making "capability." Some subcommittee members found the present intelligence gap even more distressing than the future missile gap of the early 1960s (TIME, Feb. 9), hinted that they would be willing to vote more money for CIA if the Administration asked...
...become a traffic block. To solve this problem, the circus (or circle) will be made into a rectangle, and the Edwardian buildings now surrounding it will be replaced by boxlike modern structures on which advertising signs will be part of the design, instead of being grafted on, as at present. The famed center statue of Eros, god of love, which makes the traffic go round, will still be there but no longer the center of things. Sentimentalists wonder whether the new, streamlined circus will still appeal to London's lonely lads and lasses (including streetwalkers) as a rendezvous...
...grenades, was a sorry-looking collection, but Grivas said he could have gone on fighting "forever." "Some day," he said, "the Greek Cypriots should erect a statue to [British Field Marshal Sir John] Harding, for his cruelty and stubbornness helped me more than anything else. Sir Hugh Foot [the present Governor] was a different man. A diplomat...
Southern Rhodesia, most advanced of the three states in the Federation (it has been self-governing since 1923), likes to boast that, as a result of keeping its black majority firmly in a minority place, there has been no serious racial trouble for 50 years. But in the present grim atmosphere of expected violence, M.P.s in Salisbury began acting as if panga-bearing rebels were already chopping away at the great teak doors of the Assembly itself...