Word: tides
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Dates: during 1950-1959
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...Washington lawmakers and officials report an extraordinary tide of budget-criticizing mail. Treasury Secretary George Humphrey still gets sackfuls of letters applauding his furor-stirring prediction that continued high taxes would eventually bring on a hair-curling depression (TIME, Feb. 18 et seq.). New Hampshire's Republican Senator Styles Bridges has been getting 50 cut-that-budget letters a day-"a surprising volume," he says. Observed a Bridges aide after studying the boss's mail: "The public complacency of recent years about Government spending has definitely worn...
MORTGAGE HELP is coming from Congress. While Senate is considering boost, House voted a $500 million increase in amount Federal National Mortgage Assn. can borrow from Treasury to buy U.S.-insured mortgages from private lenders. Bill will tide over Fannie Mae until June 30, by which time Eisenhower Administration hopes to hike agency's borrowing power by $1 billion...
...World War II diaries, converted into a book titled The Turn of the Tide and published this week in Britain, Field Marshal Viscount Alanbrooke, Britain's top wartime strategist, bluntly assesses many of his military contemporaries, including the three U.S. generals leading the conflict. Alanbrooke's impressions of Soldier Dwight Eisenhower: "He learned a lot during the war, but strategy, tactics and command were never his strong points." Ike was a great overall coordinator, but "perhaps his greatest asset was a greater share of luck than most of us receive in life." Of George Catlett Marshall...
...peaks and valleys of supply and demand will be flattened by "freezing in the round"-a method devised by the Fish and Wildlife Service to enable trawlers to gut and freeze fish at sea, stay out while the fishing is good, thus build up inventories that will tide them over slack periods (the Fulhams' contribution: a method of part-thawing, preparing and refreezing the fish, which they say preserves flavor). They have offered Boston's fishermen substantial loans to modernize the fleet, and plan to revive the Boston whiting fishery, which suffered from seasonal surpluses, by promoting frozen...
...days ago the Harvard five was in the throes of a six game losing streak, and what had optimistically begun as a fairly good season threatened to end as poorly as all those of recent varsity years. Then, as if by magic, the tide turned, and in order, the team broke all ots scoring records, trouncing Boston College, and won its most impressive league game in several years by soundly defeating Princeton. And it was not an accident...