Word: backwardation
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...months since it was first blueprinted, President Truman's Point Four program for developing backward nations has yet to get off the drawing boards. Last week, after a noisy debate, the House of Representatives finally voted $25 million as a start toward getting it under way (see NATIONAL AFFAIRS...
...black financial magic by which governments raise or lower the value of their currencies amid incantations of economic mumbo-jumbo is apt to baffle all but the most sophisticated spectators. But last week the government of "backward" Indonesia, whose guilder was badly inflated, devised an ingeniously simple new method that anyone could grasp, for letting the air out of their currency. Indonesian Finance Minister Sjafruddin Prawiranegara ordered Indonesians to get out their scissors and cut in half their paper money above five guilders...
...double-double-axe," Button's favorite routine, was the high point of his performance. This maneuver involves a backward leap, two-and-a-half body spins, and a feather landing ending in a long glide to the left. The whole figure takes 30 feet...
...blanket rule of the Dean's Office which excludes Radcliffe girls from a club by requiring it to have 100 percent Harvard membership. This philosophy fails to consider either the statistical inferiority of Radcliffe, or the obvious success of such virtually spliced groups as the orchestras. It is a backward-looking, over-pessimistic, misogynist, and utterly pernicious doctrine...
...decided that his trunk muscles had developed enough for him to be fitted with his first pair of legs. Made of plastic, the legs are only thigh-length (usual for learners), and held to Freddie's body by a corset-like harness. The toes of the stumps point backward for better balance. A simple screw adjustment made by the nurse or mother makes the legs flex so that Freddie can sit down...