Word: welling
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Dates: during 1960-1969
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...Harvard officials cited the fact that the nonwhite population of Cambridge is less than 10%, and called the 20% proposal "gross and seemingly illegal discrimination." Next day black students responded by preventing workers from entering a Harvard construction site, taking over the faculty club and seizing University Hall as well. Once more, they left the administration building without causing violence, but not before Harvard got a court injunction, and at least 50 blacks were suspended. At week's end the outlook for an end to disruption was uncertain...
...added constitutional justification, the law was drafted to apply to all non-public schools. The ironic result is that some well-off private schools are now getting support. Because of their higher instructional costs and all-secular staffs, their share of public funds is often higher than that of parochial schools. For example, the Baldwin School, a prosperous private institution in Bryn Mawr, receives $102.68 per pupil, while the average parish and diocesan school gets only...
...little politically to blame inflation on the Johnson Administration, even though Lyndon Johnson's failure to ask for higher taxes in 1966 to help meet Viet Nam costs is a major source of today's problem. Some congressional Republicans believe that Nixon will arrange to relax the money squeeze well before ballot time. But at least one of the President's most trusted advisers has counseled him to risk unpopularity in 1970 and concentrate on stopping inflation before the 1972 presidential race. Any letup now, he feels, would give Nixon a politically lethal credibility gap on the issue of inflation?...
...greatly intensified by the fight over the tax-reform bill (see THE NATION). It started out with some sensible and overdue reforms, but many were gutted by irresponsible actions in the Senate. The 1969 bill that the Senate passed last week is loaded with so many tax reductions?as well as a costly 15% increase in social security benefits?that the President has threatened to veto it. "I intend to use all the powers of the presidency to stop the rise in the cost of living," said Nixon at a press conference shortly before the Senate acted. "If I sign...
...shown a deep reluctance to intervene in the private economy. He has rejected price guidelines, personal pressures on business and labor leaders, and outright controls. His policy coincides with Friedman's fundamental ideology?a strong aversion to Government interference?and places great emphasis on lower federal spending, as well as the monetary measures that Friedman has illuminated and popularized. Manipulation of the money supply operates indirectly on the economy, but its impact is ultimately massive and touches the lives and fortunes of nearly everyone...