Word: supported
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Dates: during 1950-1959
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...Plan. Before it or any harsher program could be put into effect, a change was required in one section of the Virginia constitution that prohibited the "appropriation of public funds" for "any school or institution of learning not owned or exclusively controlled by the state." On the pretext of support for the Gray Plan with its fatal flaw, the Byrd organization fought hard for a constitutional amendment. Leading the way was Attorney General Lindsay Almond, a stem-winding stump orator, who thundered at Appomattox that defeat of the amendment would "engulf us in the blackness of indescribable chaos ... A vote...
...Times that the Commander-in-Chief of U.S. Pacific forces, Admiral Harry D. Felt, had questioned the Quemoy policy for such unlikely reasons as an alleged ammunition shortage that would inspire, the story said, the fleet to early use of nuclear warheads. (The fact was that Felt cabled heavy support for the policy shortly after he was first asked to comment three weeks ago, felt his force suitable to the job.) The President's mail reflected public apprehension, and he decided to fight the confusion with his major address...
Notably Noncommittal. U.S. allies, most of whom privately think the islands should have been relinquished to Red China long ago, were notably noncommittal. Harold Macmillan, caught in a journalistic trap (see Great Britain), felt obliged to state publicly: "Our American allies have neither sought nor received promises of military support from us in the Formosa area." On the Continent, France's De Gaulle and West Germany's Adenauer both maintained a disapproving silence. In Australia Prime Minister Robert Gordon Menzies, usually a staunch advocate of a united Western front, declared that his government had "no specific policy...
...Supporting a candidate for office can backfire embarrassingly-as the Miami News (circ. 137,598) once discovered when, in the midst of a crusade against gamblers, it recommended a city council candidate who turned out to be a convicted bookie. Last year, when crew-cut Columnist William C. Baggs, 37, became editor of James M. Cox Jr.'s News, he reserved the right to name the candidates the paper would support. Baggs set up a six-man editorial board to grill candidates in off-the-record sessions. As Florida's Democratic primary campaign drew to a close this...
...higher interest ahead and dumped their holdings. The speculative bubble burst. As prices fell, the yields reached as high as 3! on Government bonds. The Government bond market turned so weak that when the Treasury floated a $16.3 billion issue of one-year certificates, the FRB had to support the market by buying $1.2 billion of it, thus adding to the credit supply. Then it tried to tighten credit by sopping up the extra funds and permitting its banks to boost their discount rates. For the debacle in bonds, whether brought on by fumbles by the Treasury or the surprisingly...