Word: slim
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Dates: during 1950-1959
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This week Chuck Chamberlain and colleagues settled down for the remainder of an important session. Back in the cave of the winds there was slim chance that an election-year Congress would quit making a big political thing out of the recession. On the other hand, there was high hope that its members had assimilated perhaps the most important finding to come out of a grass-roots tour since the New Deal days. The people, as Maine Democrat Frank Coffin put it, displayed "powerful basic confidence in the American economy." The confidence was grounded not on Washington slogans...
...communication, no headquarters. Four women march with the men: the wife of an imprisoned rebel, the widow of a rebel killed by cops, a girl once badly beaten by soldiers, a doctor's daughter. Dedicated to helping overthrow Batista, they cook, run messages, keep the force's slim records, guard its contributed funds and buy its food from Sierra village stores and peasants...
...last year. The Federal National Mortgage Association (Fannie Mae) will get $1 billion to buy FHA and Veterans Administration-insured mortgages up to $13,500 each at par (100%) value. Previously, Fannie Mae bought mortgages from lenders at discounts of 2% or 3% from par and found the market slim. Now, by fixing the price of FHA and VA paper at par, Fannie Mae expects lenders to sell more mortgages to the Government, thus unlocking up to $1 billion in fresh credit. In addition, the bill gives $550 million to Fannie Mae to buy mortgages on urban renewal projects...
...consumes 55% of the free world's oil. it has only 15% of the free world's reserves, enough to last a dozen years at current production rates. As consumption rises, the U.S. must depend increasingly on foreign oil if it wants to maintain even that slim ration...
...York Times's chief congressional correspondent, slim, well-tailored William S. (for Smith) White, 50, has long been regarded by fellow newsmen as the most astute chronicler of the U.S. Senate-and by strangers is often taken for one of its members. Along with his polished daily reporting, Bill White has found time to write two successful books: 1957 Citadel, an admirer's analysis of the Senate, and The Taft Story, which won him a 1955 Pulitzer Prize in Letters. Last week Reporter White quit the Times after 13 years to fill a rare opening in the ranks...