Word: stage
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Dates: during 1960-1969
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Since wages and prices are also rising-including a 2% increase in farm prices in August-many economists are beginning to worry that the stage may be being set for a recession that will follow on inflation's heels. Some of the building blocks that have historically marked recessions, in fact, have already been laid in place. The extraordinary tightness of money, warns Robert V. Roosa, former Under Secretary of the Treasury for Monetary Affairs in both the Kennedy and Johnson Administrations, means that unless the Federal Reserve Board is careful to act in a "delicate and sensitive...
...projects that ranged from aerospace medical research to combat and transport aircraft, from an automated ground guidance system for interceptor operations to military communications satellites. The Systems Command also worked out administrative techniques, now being widely copied by other Government agencies, for shepherding new technical projects from the planning stage to full-fledged operation...
Ensconced in the ancient caves of Yenan, dug into the loess foothills of the Liang Mountains, the Chinese Reds began to recoup their losses and regain their strength. Then, with the Japanese pressing south from Manchuria, the stage was set for a rapprochement between the Communists and the Nationalists. Now a division commander, Lin made his debut against the Japanese the high point of his military career: at dawn on Sept. 25, 1937, Lin's men ambushed the Japanese Itagaki Division in the shadow of the Great Wall. The defeat is still recalled with awe in the bars...
...school argues that an IL-28 could easily deliver the latest nuclear test devices, while a second school believes that the Chinese are working to bypass the bomber stage and are pouring their energies into producing rocket-deliverable hydrogen warheads. Though U.S. Defense Secretary Robert McNamara maintains that the Chinese will not have a functioning ICBM until 1975, many Hong Kong China-watchers believe that Peking will have full-fledged ICBM thermonuclear capability by 1970 or 1971. "They're never going to be able to challenge the U.S. or the Soviets in a nuclear shoot-out," says...
...court battle of some 35 years ago about whether James Joyce's brilliant book was also unspeakably dirty. Nor do they wish to bowdlerize the bawdier passages reproduced in the script. So they've decided that when the film with its cast of English, Irish and Scottish stage actors is released simultaneously in 135 U.S. and 15 European cities next March, it will play for a mere three days to reserved-seat audiences -which ought to be enough, Executive Producer Walter Reade Jr. figures, to earn a reasonable profit on the $1,000,-000 investment. With such short...