Word: term
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Dates: during 1950-1959
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...York stage is so tethered to the Broadway box-office that none of the city's 30 playhouses, that constitute the professional American stage, supports theatre culturally or on a long term basis, he added in his speech on "The American Theatre Today...
...seems to me if any man has almost the compulsion to think only of the United States of America and its citizens rather than any political image or political ambitions, well, then, I should be-or any President who is in his second term today should be-such an individual...
...agreed to supply a total of $37 million over the next four years-one of the few long-term promises of help the U.S. has made. Included: a survey by U.S. Army engineers before widening the narrow and potholed road to Mandalay...
Treasury Secretary Robert Anderson won his first victory last week in his campaign to remove the 4¼% interest-rate ceiling on long-term Government bonds. The House Ways & Means Committee approved a bill to permit the President to ignore the ceiling when necessary to sell bonds. The committee tacked on an amendment expressing the "sense of Congress" that the Federal Reserve Board should expand the nation's credit supply by pegging the price of Government bonds. Cried Fed Chairman William McChesney Martin Jr.: "This is an attack on the independence of the Federal Reserve Board. This...
...alarm lay an attempt by easy-money advocates in Congress to use the Government's bond crisis (TIME, June 15) to put pressure on the Federal Reserve Board to go back to the wartime policy of supporting the market for Government bonds. The Fed now buys short-term Treasury bills only. The Fed believes that if it bought bonds now, without wartime controls on spending, it would pump new money into the economy, thus nullifying its attempts to control the boom by tightening credit...