Word: backwardation
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...Announcer Lapin has been saying that "radio, which is the great discovery of a Russian genius, the mighty weapon of culture and progress, has been transformed in imperialist America into a hotbed of vulgarity and ignorance, into a tool of profitmaking, slander and deceit . . . It is poisoning the politically backward and uncultured people with the virus of chauvinism and militarism...
General Billotte has stated the case so clearly that even the most backward of men (e.g., certain Washington bigwigs) cannot fail to see the danger . . . The facts are startlingly evident, and the methods of meeting them are obvious. Action must be taken soon...
Crippled, propped, cushioned and controlled though it is, the British economy is still the second most productive industrial machine in the Western world. It is as superior to the wrecked or backward economies of France and Germany as ours is to it ... Britain's economy is still predominantly private, autonomous and unpredictable, the sum of many individual business decisions just...
...prestige of Harvard rests not on its conformance either to the status quo or to whatever backward trends might be in governmental favor, but to its maintenance of the principles which have gained for it a reputation of being one of the most liberal and democratic schools of the country. Don Long '49 Chairman, John Reed Club
Even the full appropriation is not too much for this measure, one of the most important parts of President Truman's foreign program. He announced the plan in his inauguration address last January, when he requested aid and technical assistance for backward countries throughout the world. At that time several United Nations groups began preparing methods of distributing any funds that they might get. After the State Department asked for such plans, the U.N. last spring appointed a special commission to investigate further what was needed and where. During the year expectant financially-troubled countries applied to us for technical...