Word: rising
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Dates: during 1950-1959
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...outlay on "science," which presumably includes the space effort and missilery, is to increase by an impressive 15.4%. Furthermore, 30% more will be invested in the key chemical and machine-tool industries next year. While Khrushchev talks grandly of more consumer goods, Kosygin affirmed only a 3% rise in spending on light industry in 1960. Consumers could take comfort in Kosygin's promise of "2,400,000 new, well-appointed apartments" to house 10,000,000 Soviet citizens. The government is making a real effort to catch up on the nation's desperate housing shortage, and though...
...policy since Fidel Castro's rise to power has been a high-minded try at tolerance of the inevitable anti-U.S. excesses of a sweeping revolution; the policy was exemplified in the appointment of friendly, low-keyed Career Ambassador Philip Bonsai. But a fortnight ago Castro falsely charged that a pamphlet-dropping plane from Florida had really loosed bombs over Havana (TIME, Nov. 2). With that premise, Castro proceeded furiously to whip up feeling against the U.S. Dropping some of its imperturbability, the U.S. last week made reply in a note stiff with such phrases as "serious concern...
...usual during a period of credit expansion, just as repayments outran new loans during the recession. Of the loan total, $37.5 billion was installment credit, an increase of $485 million over August. While this was the smallest monthly increase since last March, installment credit this year is expected to rise about $6 billion v. a $5.4 billion increase...
...rise was viewed without alarm by the nation's bankers. The A.B.A. found that the increase has not brought any decided boost in interest rates since June. Even though the prime rate on business loans has been raised to 5%, most banks said that they were keeping installment rates at about the same levels as early in the year. The Chase Manhattan Bank, in its bimonthly letter, also saw no danger in the increase in installment loans. Although the rate of installment credit is growing faster than in 1955, said the Chase Bank, consumer income is now larger. Despite...
...college enrollments and expenses rise and the need for aid funds increases, Bender predicted, colleges will tend to "swallow hard when funds with objectionable terms or procedural requirements come along, and accept." He said the problem is making financial aid officers into "greedy mendicants...