Word: channeling
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Dates: during 1950-1959
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...MacArthur, who was Chief of Staff when Marshall was a lieutenant colonel. When F.D.R. succumbed to the prolonged arguments of Winston Churchill, who insisted on attacking the "soft underbelly of Europe," it was Marshall who got him to change his mind in favor of an assault across the English Channel. Marshall's fondest hope was that he could break out of the deskbound frustration of the staff planner to command the Normandy invasion, but Franklin Roosevelt turned him down: "I wouldn't sleep at night with you out of the country...
...retried for the murder, he sold his gaudy story to the Pic for $5,600. When this nest egg began to run low, he replenished it by means of a couple of bank robberies. But each time police got enough evidence to go after him, he darted across the Channel to safety...
...first time residents in the Boston-Cambridge area can receive course credit toward a Harvard degree by following a series of television lectures. Robert G. Albion, Gardiner Professor of Oceanic History, last night conducted the premiere of the new program over WGBH-TV, Channel...
...England is still lit by gas lamps; science facilities are woefully inadequate. After 15 years of work, teachers get a maximum salary of $2,800. Even more vexing is that unexpected injustice, the dreaded "eleven-plus" exam, which was set up in 1944 as the fairest way to channel children into secondary schools geared to their abilities...
...that U.S. industry rolled into 1959 with more than $18 billion in capital funds that can be invested in inventories or plants. Industries have piled inventories so high (adding at an annual rate of $10.4 billion in the second quarter alone) that economists feel they will now begin to channel their funds into new plants to meet consumers' rising demands. That does not mean that the inventory boom has spent itself; inventories have moved up close to the peak level of January 1957, but sales have moved up even faster...