Word: quarterly
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Dates: during 1950-1959
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Know Thy Place. When Tubman took over in 1943, just a little less than a century and a quarter had passed since 88 former U.S. Negro slaves, backed by President James Monroe, the Congress of the U.S., and an idealistic organization called the American Colonization Society, landed on the Pepper Coast of Africa to set up a new nation. Except for Haiti, Liberia was the only Negro republic in the world, but that was about its only distinction. The descendants of the first U.S. settlers formed a haughty aristocracy of "Americo-Liberians" who lived along a 40-mile stretch...
Illiteracy in Liberia remains at 95%, only one-quarter of the school-age population is actually attending school, and there is still such a national weakness for corruption that the President himself signs all government vouchers for more than $100. But more progress has been made in the last 15 years than in the entire 122 that went before. At one Monrovia polling place last week, an election official wore a red. white and blue paper eyeshade with the motto: "Don't gamble, play it safe, vote Tubman." The country's answer at week's end: more...
There was even renewed talk on both sides of the Atlantic of a flight from the dollar. Behind these wild exaggerations was some sober fact. In the past three weeks U.S. Treasury gold stocks have declined $176 million, a greater gold outgo than occurred in the entire first quarter. Coming after a drop of $2.3 billion in 1958-the sharpest one-year decline in history-the renewed flow of U.S. gold to foreign nations brought Treasury gold holdings to $20,255,000,000, the lowest level in 13 years...
...business has kept its capital expansion low. But as home building picks up and improved business sends more firms to the money market, tighter money could take the bloom off the housing boom. Fortnight ago, the Federal National Mortgage Association reported that it purchased more mortgages in the first quarter of this year than ever before, indicating that banks and other lending institutions are beginning to have trouble finding takers for their mortgages...
Hudson, stroking high, tired rapidly, and McClennen moved by him as the boats reached the Mass. Ave. Bridge. Bolt also passed Hudson in the last quarter-mile to take second...