Word: reporter
(lookup in dictionary)
(lookup stats)
Dates: during 1940-1949
Sort By: most recent first
(reverse)
Married. Francis Archibald Kelhead Douglas, roth Marquess of Queensberry, 51, grandson of the man who supervised the formulation of the modern prize ring's rules (a boxing expert himself, the Marquess came to the U.S. last May to report the Louis-Conn bout for the London Daily Graphic); and Mimi Gore Chunn, 36, secretary of his wartime Queensberry All-Service Boxing Club; he for the third time, she for the second; in London, without the ring, which he had left at home...
These measured words last week introduced a highly optimistic and monumental (500,000-word) report on the U.S. economy (America's Needs and Resources) by the Twentieth Century Fund. Probably the most comprehensive ever made on the subject, the study was completed last week-when some optimism was sorely needed-after three and a half years of fulltime work by a staff of 27 economic experts...
Chief of the staff was conservative, scholarly Dr. James Frederic Dewhurst, 52, ex-professor and onetime head of economic research for the Department of Commerce. The report's most important conclusion is that the U.S., for the first time, is close to having the tools, workers and know-how to nil the basic needs of its population. This hopeful prospect is not a prediction. It is a statistical projection based on normal long-term trends of U.S. growth-in population, wealth, consumption, demand, spending, etc., and the assumption that the U.S. will not be plunged into a catastrophic depression...
Plenty of Elbow Room. Unlike "mature school" economists, the Twentieth Century report finds that there is plenty of room for dynamic expansion in the U.S. economy. Thus the report estimates that in 1950 57,000,000 will be employed. They will be working fewer hours (an average of 41 a week) to produce a gross national product of $177 billion (in terms of 1944 prices)-nearly double the best prewar year. The U.S. economy will then be short only some 13% in goods & services of maintaining the entire population at a satisfactory standard of living. By 1960, some...
These estimates are based on demand and not need, between which the report draws a sharp distinction. "Witness the American male, who prefers steak and potatoes and apple pie to a better-balanced diet. Too many of us drink milk dutifully, but highballs gladly." If the U.S. were to try to supply all needs (minimum standards of health and decency for everyone) as well as all demands (all the goods which the wealthier want to purchase), then the estimates would have to be raised. The U.S. would have to turn out goods & services worth $200 billion...