Word: toward
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Dates: during 1950-1959
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...drift of both opinion and practice in the 20th century is indeed toward the centralized welfare state, but moving with the drift is not necessarily the fitting role for a nation's leaders. And continued deficit financing, with its burdensome interest charges and its push toward inflation, can only weaken the fiscal underpinnings of an economic system that has done better by more people than any planned economy ever dreamed...
...anguished by issues; said one senior: "If anything bothers the students it's that nothing really does bother them." Yet, says History Professor Catherine Boyd. "I've never had students who worked so hard. We have students who come to us as freshmen and are already working toward a Fulbright." Carleton has few distractions; Northfield is sleepily sedate, and the college bans cars, so socializing is mostly of the walk-and-talk kind. Even the occasional big stomp-and-holler has a cloistered flavor; last year Duke Ellington's band was hired, installed in the only building...
Employment Up, Prices Down. A problem for 1959 that may take longer to solve is unemployment, which will probably stay at around 4,125,000 during the winter months, then start decreasing toward 2,500,000, which is considered about minimum unemployment. "We'll pick them up all right," says Commissioner of the Bureau of Labor Statistics Ewan Clague, "but it will take us most of 1959 to do it." Part of the reason is industry's rising productivity, which is expected to continue to rise smartly next year, and which in turn will hold down prices. Inflation...
...first-class way," serving such blue-chip firms as Du Pont, General Motors, International Harvester, American Telephone & Telegraph and U.S. Steel, many of which it had a hand in building. The bank began by marketing U.S. railroad securities abroad, took the lead in consolidating and merging railroads toward the turn of the century. From 23 Wall Street the elder J. P. Morgan stopped a run on the U.S. Treasury in 1895 by putting up gold for the Treasury, quelled the panic in 1907 by forcing leading bankers to produce enough cash to shore up shaky New York banks, put together...
...political woe-crying in his later letters, but Belloc was seldom a bore. With his grave devotion to his religion went a fanatical belief in wine, which he liked to drink "to the Glory of God and the confusion of my enemies." He was not halfhearted in his piety toward the stuff. Off and on, over 20 years, he polished a poem in praise of wine. He found it a symbol of the good things of life denied by Puritan religions or by "Islam, furtive enemy of the soul." He said: "May I reach the Kitchen in Heaven and drink...