Word: falling
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Dates: during 1960-1960
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...Alaska cannot hope to raise taxes appreciably, since it is a pioneer economy trying to attract new industry; it cannot fall back on a bonding program, said the commission, "until there is assurance that the state will be able to meet its bare operating expenses out of current revenues...
Giving Ground. With that, things began to fall apart. Once again Debré offered to resign, urged De Gaulle to replace him as Premier with Soustelle, one of the leaders of the 1958 uprising in Algiers. Soustelle himself, War Minister Pierre Guillaumat, Veterans Minister Raymond Triboulet and Communications Minister Bernard Cornut-Gentille. all submitted their resignations later...
...Last fall William Ezra died of a heart attack at 42. Automatically, the job falls to his son, the current Ezra. Under state law the boy may not actually exercise the function until his 21st birthday. Meanwhile, Future Trustee Cornell has another problem: getting into Cornell. Last week, between tearing around town on his bicycle and leapfrogging over fire hydrants, Ezra gave new thought to the matter. Said he: "I only have one bad mark, a D in spelling. But I'm bringing it up, I think...
...Last fall the America-Israel Cultural Foundation helped arrange a meeting between Rose and Bezalel's boyish, brilliant director, Karl Katz. Katz agreed that the hunger was there, and gave one cogent reason: there is hardly any modern art displayed in the Middle East. Argued Katz: "From Jerusalem you'd have to go west as far as Rome, east as far as Tokyo, and south forever, to find a decent modern collection. This one will fill a tremendous gap." He added that the museum owns 25 acres of barren ground in the geographic center of expanding Jerusalem. "When...
...Chemical, Freeport Sulphur) also reported moderately lower earnings for the quarter as a result of the steel strike, but all ended 1959 well ahead of 1958. Almost all railroads, whose generally sad financial plight was worsened by the steel strike's effect on business, saw fourth quarter earnings fall. But there were signs that the slump in oil may be over. Standard Oil Co. (N.J.) lifted its profit 11% for the year, made a slight gain in the fourth quarter; fourth-quarter gains were also chalked up by Phillips Petroleum and Standard Oil Co. of California. Jersey Standard President...