Word: expected
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Dates: during 1950-1959
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While such scenes are obviously pleasing to Johnson, his friends see his real mission as creating a bloc of votes that can influence, if not determine, the Democrats' choice of a candidate. Johnson and his sagacious Texas sidekick, Speaker Sam Rayburn, expect to hold more than 300 delegate votes (mostly Southern) at the convention's all-important first ballot, hope that this will be enough to head off any bolt to Adlai Stevenson. And if, in the course of this power play, Johnson should finesse the nomination for himself, that would be fine. At a press conference...
...either aspect, however, the artist nearly always proves himself master of his media. He imparts to his line the freedom one would expect of an ink drawing, while still retaining that rugged quality essential to a woodcut. His style, usually a decorative realism, varies with the mood and subject matter; but in almost every print Amen succeeds in evoking his desired effect, whether it be that of power or of mere cuteness...
...decade of his administration, Lowell had reshaped the pattern of undergraduate study and laid the foundations for a comparable change in student attitude. With the new requirements for concentration and distribution, tutorial, and general examinations, undergraduates found their academic life substantially changed. The would-be dissipators could no longer expect to graduate on a few weeks of annual cramming and only the very industrious could hope to graduate in three years...
...rates. The U.S. Treasury last week sold its 13-week bills at 4.5%, the highest point in history for its shortest-term borrowing, partly because only the week before it had drawn heavily on short-term funds with a $2 billion offer of 320-day bills at 4.86%. Bankers expect even greater pressure when a steel settlement is made and a rush for supplies and postponed expansion exerts new pressure on the money market...
...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...