Word: scares
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Dates: during 1950-1959
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Some of the most shocking news about Red China is deliberately spread and documented by the Chinese Reds themselves. The Communist papers are at their gleeful best in reporting mass killings of "counter-revolutionaries." The present propaganda line attempts to scare peasants into submission, and so the Red journalist dwells on the gory details with all the morbid gusto of a tabloid reporter on a chorus girl murder...
...Force becomes roughly doubled." He was not satisfied with "the present 30% guns, 70% butter" defense program, but he favored full mobilization only if "war was inevitable"-and he did not think that was the case, although he was pessimistic. He threw a scare into the Senators by declaring that the Russian MIG-15 (powered, like the Navy's Panther and other fighter craft, with a redesigned Rolls-Royce Nene engine) is "superior to any jet engine that we have today" in "speed and climb and operations at altitude...
...Mills' Chairman Harry A. Bullis: "This slackening was caused by three factors every man and woman and high school boy or girl knows about-the recent heavy income-tax collections, the bite of credit restrictions and the unusually large accumulated inventories left when the big bad wolf of scare-buying sneaked back to his lair." Bullis was not alarmed. "Except for tightened credit," said he, "these deflationary forces should end about the first of July...
Coming as they did, the new cutbacks may not hit industry too hard. With inventories piled sky-high and sales lagging in many industries, plenty of manufacturers may welcome an excuse to slow down production. But if another wave of scare buying starts when the top-heavy stocks are trimmed later in the year, the new cutbacks may hit consumers and businessmen hard...
...best, price controls and consumer resistance have produced an uneasy price stability. The stock market, which has dawdled in a slow decline while Wall Streeters wondered whether the country was in for an inventory recession, came to life last week. Investors apparently decided that among other things the inventory scare wasn't serious and that there is more inflation ahead. In one day, the Dow-Jones industrial average jumped 3.01 to 250.32, making up all the loss of the last two weeks...