Word: problems
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Dates: during 1940-1949
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Generally optimistic views over the British action and its effects on west and East came from seven of the University's economic experts--men familiar with the problem through work with the Economic Cooperation Administration the University's Russian Research Center, and through general studies in the field of international trade. Of these men, only one was not convinced that devaluation had at least al fair chance of solving Britain's economic woes...
...Devaluation is the most obvious way of attacking the British problem," Professor Williams says. "But no program for stopping Britain's loss of reserves and correcting her dollar deficit will carry conviction unless the right foundation in British policy is laid for offsetting certain dangers." Among the dangers the professor fears are (first) the possible upward spiral of British prices and wages and (second) poor management in the repayment of Britain's wartime sterling liabilities which might thus result in the funnelling up ECA aid through the British economy to outside recipients...
...problem then was what to do with the information. Disclosure might give away the workings of the U.S. atomic detection network; it might be better if the Russians did not know the U.S. knew. But no one wanted to let the Russians make a triumphant announcement at a moment of their own choosing, when the news might become a massive propaganda coup. President Truman decided to announce the news immediately...
...town's traffic problem was slowly being untangled. Two weeks ago Governor Jim Duff presided over the dynamiting-through of a ¾-mile-long tunnel under Squirrel Hill, part of a highway which will carry traffic from the Pennsylvania Turnpike through the city and across the Monongahela towards the west...
...with 50 homers to his credit, he stepped to the plate with 11,881 fans howling for him to hit another. With the National League's home-run record of 56 (set by Hack Wilson back in 1930) so close and time so short, Kiner's big problem was to keep from pressing. "When I try to force one," he explains, "it's no good...