Word: winterized
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Dates: during 1950-1959
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...below-zero Sunday 40-odd years ago, a Lutheran minister made his way across frozen snowdrifts in a horse and buggy to keep his preaching schedule at five different churches in and around Hawley, Minn. In the winter and spring of 1958, the minister's son, Presidential Assistant Gabriel Hauge, showed the same old-fashioned fortitude in the face of icy winds of another kind. With the U.S. economy slipping downward, panicky cries for drastic federal intervention rang out in Washington and across the U.S. But calm, articulate Gabriel Hauge, sometime economics teacher at Princeton and Harvard, economics assistant...
Despite their air-conditioned offices and silk suits, the executives of the nation's three television networks have good reason to sweat this summer. Never before have program sales for the fall and winter season fallen so far behind schedule. At the end of last week the three networks moodily reported that a total of 16¼ hours of their prime evening time-the equivalent of five full evenings' programing for one network-was still up for sale. Value: some $65 million...
...gimcrack stage tilted tipsily toward the footlights, and gusts of damp winter air surged from the wings. The piano plunked like a loosely strung mandolin. But the audience listened to the big, barrel-chested baritone with the rapt concentration of buffs at the Metropolitan Opera. They stomped lusty approval of arias from Tannhäuser and The Barber of Seville, art songs by Delibes and Debussy, lieder by Karl Loewe and Schubert...
...many a U.S. businessman and economist, one of the touchiest questions of 1958 is: Has the recession thrown a serious chill into the American consumer's mood of sunny, open-pocketed optimism? For a while last winter and early spring, it appeared that the recession indeed had, as autos, appliances and many other consumer hard goods turned down. Last week, in a report that was as heartening as it was authoritative, the University of Michigan's Survey Research Center, often called upon to test consumer attitudes for the Federal Reserve Board, reported that beneath the consumer...
Participation in the program has been held back by a general lack of information about it among businessmen. Even Congress sometimes appears to be in the dark. Last winter, Wyoming's Democratic Senator Joseph C. O'Mahoney at first confused the insurance program with the U.S. Development Loan Fund, which gives loans to foreign businessmen, then claimed that it was aimed at helping only big business. It is true that big business is the chief participant, but only because most foreign investors fall into that category. Program officials would like nothing better than to encourage-and insure-small...