Word: reporter
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Dates: during 1940-1949
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That was the essence of AEC's second biennial report last week. Besides staking out a new atomic testing ground somewhere in the Pacific (see The Nation), the commission had started a tremendous new construction program in the bomb works of Hanford. It was the beginning of a second major effort in the field of atomic weapons, an effort as great as the stupendous wartime...
...Arrogance. Last week, Minister Cross had a reminder never to underestimate the power of Charlotte Whitton. She issued a smashing summary of a four-month survey of the Alberta welfare system (conducted with the help of the Imperial Order of the Daughters of the Empire). A full 200-page report is promised soon, but even the summary gave Albertans plenty to think about...
...Council of Economic Advisers, which sent its midyear report to Congress this week, thought so too. The change from fear of recession to fear of inflation "has been unduly stimulated by such events as the corn crop scare," it said, "and an exaggerated interpretation of the effects of the coal mine wage adjustment. Some persons have scoffed at the idea that businessmen could or would follow a stabilizing course. Yet the reaction among progressive business leaders [in the last six months] was such as to make new possibilities of orderly price corrections in a free economy through the voluntary action...
...High? In the main, the report set forth what businessmen already knew: that the U.S. economy was turning out $225 billion in goods and services annually, highest in U.S. history. There were some trouble spots. Many prices, said the report, were still too high. Exports, which had done much to ward off any recession, were bound to fall off by year's end. But inventories had been brought into reasonable balance, credit buying was again within healthy bounds, and things in general, said the report, were in excellent shape...
...flight that never came off. Another was in 1930, when she paid a record-high fine of $213,286 for failing to declare the full value of trunksful of clothes and jewelry that she brought home from France. She was still largely unknown when in 1938 a U.S. Treasury report showed her to be the only businesswoman in the U.S. earning $100,000 a year...