Word: primed
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Dates: during 1950-1959
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...brambled woods of international affairs, the Eisenhower Administration operates on the proposition that acquaintanceship breeds understanding. Thus the U.S. has seen a steady procession of visiting foreign statesmen who came in response to President Eisenhower's "getting to know you" invitation. Last week Pakistan's Prime Minister Huseyn Shaheed Suhrawardy arrived in Washington for a talk with President Eisenhower and a close look at the country. For a detailed report on the Prime Minister's background, thinking, personality and private life, TIME queried its correspondents in Karachi and New Delhi. In Washington, TIME'S reporters tapped...
...Noted the "amazing" charge by Soviet Dictator Nikita Khrushchev (see FOREIGN NEWS) that U.S. efforts to develop a "clean" H-bomb amounted to "a stupid thing," replied promptly that "avoidance of mass human destruction in an atomic war is and has been a prime objective of the Administration no less than the aim of eliminating the possibility of war itself. Such efforts-to which the U.S. is dedicated-are and will be continuing...
...relax at Marine-guarded, 92-acre Coaster's Harbor Island, a secluded U.S. Navy installation (home of the Naval War College and a naval training station) hard by the lush Rhode Island summer colony, will stay in the twelve-room stone-and-brick quarters of the base commander. Prime assets in Ike's eyes: an adjacent naval air station, a convenient Navy base equipped with first-rate communications and hospital facilities, ready access to a fine golf course at nearby Newport Country Club...
...those businessmen concerned about the U.S. economic mood midway in 1957, a prime indication of the nation's confidence came last week from Wall Street. After floundering aimlessly over the last fortnight, the stock market surged forward, shrugging off all reports of soft spots and vacation shutdowns, the long holiday weekend and other normally depressing factors. In the kind of selective trading that has become the trademark of 1957's bull market, investors sent International Business Machines up 21 points in two days to a new high of 358; Alcoa went to 101 for a 21% gain over...
...they totted up their six months' earnings last week, bankers could appreciate the benefits of tight money. With companies everywhere competing for more loans than there are funds available, the interest rate on prime loans stood at 4%, while lower-grade risks brought up to 6%. By gradually shifting out of low-paying Government bonds to get more cash to lend, most bankers reported earnings at an alltime peak, in some cases as much as 19% better than last year...