Word: within
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Dates: during 1950-1959
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...budget as severely as the Army's and Navy's. From Quarles's office came the orders for cutbacks and stretch-outs in defense contracts, for a slowdown on wild-blue-yonder research, for an end to competitive missile programs-all to keep the Defense budget within bounds while the U.S. maintained a weapons "sufficiency...
There was blunt talk nonetheless. The Ambala Tribune warned that "by killing Tibetan autonomy, the Chinese have advanced their gun posts to India's northeast frontier," and have brought India's great cities within the range of Tibet-based bombers. An influential Indian geographer, Dr. S. Chandrasekhar, back from a trip to Red China, wrote in the Illustrated Weekly of India: "It will be a sad day for Asia if, after a struggle for two centuries, she overthrows European imperialism only to become victim of another and more sinister imperialism." And in Parliament's first chance...
...most remarkable phenomena of the bull market has been the rash of stock splits, and the way they have sent stocks scooting up. Staid old American Telephone & Telegraph, for 73 years a holdout against splitting, soared 65 points from 202 within a few weeks after its 3-for-1 split announcement. So popular has splitting become that 80 major companies have registered or announced splits this year, and Wall Streeters feel sure that the old record of 181 splits (in 1955) will be topped before the year is out. While stock splits have gladdened many a stockholder, they have produced...
...will go from last year's 224,000 to 280,000. They expect a boost from the record number of new houses going up this year (see Construction); 10% of them will be built with central air conditioning v. only 1.4% in 1952. Says the Federal Housing Administration: "Within a few years, any house that is not air-conditioned will probably be obsolescent...
Oysters à Leclerc. Last September authorities in Grenoble (pop. 140,000) invited Benefactor Leclerc to open a store there to force down food prices, among the highest in France. Within a month the Leclerc store was doing a monthly business of $60,000, improving the diet of Grenoble families with such unaccustomed luxuries as imported fresh oysters at 42? a dozen, against the usual price of $1.43. Promptly, competitors encircled Leclerc's store with six new cut-price outlets, dropped his volume to $24,000 a month. Said Leclerc: "I did not come here to make money...