Word: socialism
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Dates: during 1950-1959
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...foreign aid, the 84th was unconvinced and unconvincing: last week it authorized the spending of $4 billion, some $900 million less than the Administration had originally thought necessary. On domestic legislation, the Congress was sometimes more generous than the Administration thought wise: it expanded the 21-year-old Social Security program, added disability benefits at the age of 50, forced on the Defense Department more money ($900 million) than it wanted for the Air Force. The two bills for which the 84th will be longest remembered: the $33 billion highway construction program, biggest public works project in U.S. history...
Going back to Africa, Zik started the West African Pilot, filled it with rejuvenation ads, social notes and inflammatory anti-British editorials. It was an instant success. Today Zik owns five daily news papers in southern Nigeria...
...Finance Corp. More flexible than its parent, IFC will seek out privately managed projects in the underdeveloped regions of its 31 member nations, back them with investments up to some $4,000,000. IFC will concentrate on small and medium-sized new industries in preference to utilities, housing, nonprofit social projects, agricultural schemes...
Niarchos' routine, as a London associate observed, "is that he has no routine." However, summer usually finds him aboard the Creole, winter on the ski slopes of St. Moritz (where the toughest descent is labeled NIARCHOS RUN). In June, the menage gravitates to London for the social season. Twice in the past four years they have come to the U.S. so that his attractive young wife, Eugenie Niarchos, 26, could bear two native American sons...
...Summer School Administration merely observed that "use of entries for social purposes violates the parietal rules...