Word: reconverts
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Dates: during 1950-1959
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Economist Sumner Slichter wrote that "in the opinion of many persons" millions (perhaps 8,000,000) would find no jobs in an economy which, like the service veterans, had to reconvert to peacetime production. Afraid that federal subsidies would lure idle vets to campus, the University of Chicago's Robert M. Hutchins warned that vets would breed "educational hobo jungles." Sociologist Willard Waller, recalling that World War I Veterans Hitler and Mussolini first recruited veterans, wrote ominously: "Veterans have written many a bloody page of history, and those pages have stood forever as a record of their days...
LITTLE-BIG INCH pipeline, converted from oil to natural gas after World War II, will again become a petroleum carrier to the East Coast if the FPC approves. Texas Eastern Transmission Corp. wants to reconvert 1,168 miles of the line up to Moundsville, W.Va. at a cost of $13 million; to replace it, the company will build a $72 million gas line from Texas to Mississippi to join with an existing gas line to the East, thus keeping gas deliveries at 1.2 billion...