Word: terme
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Dates: during 1950-1959
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While Engine Charlie quipped his way through his term as top man in U.S. defense, the Russians launched sputnik ; interservice rivalry flared worse than ever; recent cut backs in military spending have demoralized the armed forces. Now, heaven help us, we have a soapmaker in charge...
NKVD-trained Hayhanen finally got fed up with the job. According to his story, Moscow ordered Abel and Hayhanen to give $5,000 to the wife of convicted Atom Spy Morton Sobell, serving a 30-year term in Alcatraz. Finding Helen Sobell's Manhattan apartment well guarded by police, they buried the money 45 miles away in a state park. Hayhanen later reported to Moscow that he had actually delivered the money to Mrs. Sobell. Moscow sent another $5,000 for Mrs. Sobell, and suggested that she be recruited for spying. Abel banked this $5,000. Hayhanen then...
Last week's would-be political Lazarus: South Carolina's Democratic Senator Strom Thurmond, entombed as the Dixiecrat candidate for President in 1948, who seemed willing to rise again. In Rock Hill, S.C., Thurmond cried out for a "real Democrat" (a term he deems almost exclusive to himself) to take over the state's party leadership and be ready to act "independently...
...force for economic and social progress." To increase its effectiveness in helping underdeveloped nations, Meany suggested 1) an International Investment Code under which nations receiving private capital or governmental technical assistance would guarantee investors against arbitrary treatment; 2) a multi-billion-dollar International Consumers Credit Fund ito underwrite long-term installment purchasing of consumer goods...
...proper time comes, said Hayes, the Fed will "work the other side of the street." As for businessmen, General Electric President Ralph Cordiner reflected the feelings of many when he reminded the U.S. that it rests on an unparalleled economic plateau. Said Cordiner: "There are at least four long-term forces at work to reassure us as to the underlying strength of the economy−the needs of a growing population; the conduct of research and development on a large scale; the rising levels of income, and the tremendous opportunity offered by worldwide industrialization...