Word: discount
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Dates: during 1950-1959
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...doctors and their scientific training are partly to blame, Dr. Menninger suggests: "We doctors are so schooled against permitting ourselves to believe the intangible or impalpable or indefinite that we tend to discount the element of hope, its reviving effect as well as its survival function." In psychiatry especially, he argues, there used to be an "impression that 'our patients never get well.' " In fact, says Dr. Menninger, the best thing that psychiatrists can do for their patients is to "light for them a candle of hope to show them possibilities that may become sound expectations...
Every would-be psychoanalyst, whether physician or not, must submit himself to a "didactic" or training analysis before he can qualify. And even with professional discount, the analysis comes high: average, $20 five times a week for three years. Two psychiatrists, Drs. Arnold Namrow of Washington and Jay Cohen Maxwell of Houston, argued that they ought to be able to deduct these couch costs from their taxable income as either a business expense or a medical service. Last week the U.S. Tax Court ruled against them. The training analysis, it held, is part of the curriculum for which budding analysts...
Although the pinball machines attract considerable attention, local restaurant owners discount the effect their removal would have. "The pinball machines form a small percentage of our business," stated Henry Baumann, owner of Elsie's. "The boys use them to relax. They are the ones who would complain if the machines were removed...
...seasonal demand will have ended too. Even more important, the Treasury is planning a sharp reduction in its issues in the first half of 1960, may thus help to ease credit or at least prevent it from becoming tighter. The Federal Reserve would like to keep its present discount rate of 4% in effect even after a settlement, looks for interest rates to stay steady. Bankers do not expect a hike in the prime rate of 5% for some time, think that if it comes at all, it will be small...
...assumption that Rundstedt. overall commander in the west, had sounded the alert. Rundstedt did nothing on the assumption that Rommel was alerted. Either Rommel's mind was on the grey suede shoes, or. as Author Ryan argues, his own estimate of Allied intentions led him to discount the warning and leave the front. On the evening of June 5, Meyer caught the second part of the message: "Blessent mon coeur d'une langueur monotone [Wounding my heart with monotonous languor]." Following this broadcast, Canaris had told Meyer, the invasion would begin within 48 hours. When the excited Meyer...