Word: saulniers
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Dates: during 1950-1959
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...make up the "leading index," a sensitive collection of figures used by many economists to signal changes in the nation's business climate before they become generally noticeable. The index-and two other similar barometers-was developed by analysts of the National Bureau of Economic Research, including Raymond Saulnier, chairman of the President's Council of Economic Advisors, and Arthur Burns, former council chairman and now president of the bureau. Since it accurately foretold the 1947 and 1953 recessions, the index is now giving many an economist and businessman the recession jitters with its steady downward movement. Last...
...possibility which the Administration shudders to think about: a national policy limiting wage increases to those justifiable by rising living costs and improvements in actual output. Best bet: an all-out effort to warn big labor and management of the dangers of unrestricted wage-price increases. Said Dr. Raymond Saulnier, new chairman of the President's Council of Economic Advisers: "Federal monetary and fiscal policies cannot solve the [inflation] problem, though they can do much. We will also require the efforts of both business and labor to exercise moderation. There will have to be real wisdom in the making...
...Accepted reluctantly the resignation of Dr. Arthur F. Burns as chairman of his three-man Council of Economic Advisers. The new chairman: fellow CouncilMember Dr. Raymond J. Saulnier (pronounced Soh-Nyay), 48, like Burns a Columbia University economics professor and specialist at Washington's nonpartisan National Bureau of Economic Research before joining the council last year...
...light-plane field World War I Planemaker Morane-Saulnier has built a sleek, four-place light jet called the Paris which can buzz along at 400 m.p.h. serve either as a military liaison plane or a highspeed executive transport. Though only one prototype has been built, U.S. Light-Plane-Maker Beechcraft, no novice in the field, is so impressed with the Paris that it is showing it around the U.S., will build for flying businessmen if there are enough orders. On its American debut the Morane-Saulnier craft flew Ambassador to the U.S. Maurice de Murville from Washington...