Word: gap
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...Narrowed Gap. Like a giant exclamation mark, the Soviet Pacific shot punctuated the first rumblings of an election-year debate over the adequacy of Administration defense programs. Missouri's Democratic Presidential Hopeful Stuart Symington, Harry Truman's Air Force Secretary from 1947-50, charged in a speech on the Senate floor that "this Administration is now, in effect, planning that this nation become a second-rate power." New Jersey's Democratic Governor Robert Meyner told a Democratic gathering in Manhattan that as a result of the Administration's "bankrupt leadership," the U.S. is now "dancing...
...budget. "The way they presented it, it was encouraging," said Georgia's Richard B. Russell, Chairman of the Senate committee. In his testimony, Gates unwrapped a big and pleasant surprise: a new U.S. intelligence estimate of future Soviet missile strength, he said, had sharply narrowed the expected "missile gap" in the early 1960s from the 3-to-1 margin that the Administration estimated a year...
...questioned him skeptically about the new intelligence estimate, he was unable to defend it, because even a vague explanation would have involved national secrets. Result: during one of the roughest press-conference pummelings that veteran Washington newsmen could recall, Gates lamely conceded that the new cheerfulness about the missile gap was based on an estimate of how many missiles the U.S.S.R. intended to make over the next few years rather than how many it would be capable of making...
...Miriam Makeba Qgwashu ogu vama yi keti le nenxgoma sittu xa saku aga ba ukutsha sithathe izitsha sizi khalu sivuke ngomso sizi chole ezo zinge knayo zinga bikho nfalo singamalamu singa mangamla nagithi*), is probably too shy to realize it, but her return to Africa would leave a noticeable gap in the U.S. entertainment world, which she entered a mere six weeks ago. Miriam Makeba, 27, has had no formal musical training, and a few years ago she still earned her living as a housemaid in Johannesburg, but she is the most exciting new singing talent to appear in many...
...rally that pushed long-term governments up as much as two points above their January lows spent its force. Most of the list dropped back one-quarter to one-half of a point at week's end. To Tabell, this pointed up a truth: only when the gap between stock dividends and bond yields becomes extreme will investors swing bonds in preference to stocks...