Word: gap
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...Britain been so buoyant, so prosperous." Britain's export boom broke new records in May, and came within a hairbreadth of bringing the long-coveted balance of trade. Last week the government announced that May exports reached an all-time peak of $866,300,000, leaving a trade gap of only $4,200,000, the lowest recorded since the government began keeping figures in the mid-19th century...
Excellent Show. The gap was so small (compared with $110 million in April) that it could actually be written off as the .difference in accounting methods used for imports and exports. Considering Britain's invisible exports in the shape of earnings from shipping, banking and insurance overseas, British economists feel that their balance of payments actually shows a surplus. Said jubilant Sir David Eccles, president of the British Board of Trade: "An excellent show. This is due to the vigorous search for markets abroad which our businessmen made when home trade was not so good. Now they will...
Although a fifth still describe themselves as "conservative" in temperament, over half prefer the safe and evasive category of "moderate liberal." In addition, a sixth of the students appear willing to admit that they remain "politically indifferent." Neither Hoffa nor the "missile-gap" can arouse them from their lethargy. Apparently ignoring the dictum that "knowledge is power," these Political Indifferents fervently hope that "ignorance is bliss...
...nervous aftermath of Russia's Sputnik I, the U.S. Government sent out an S O S to U.S. science. Needed was someone to furnish scientific advice to President Eisenhower and to bridge the gap between the scientific and governmental worlds, which had become so interdependent. Top man to answer the call: Dr. James R. Killian Jr., president of Massachusetts Institute of Technology, who was named the President's Special...
...arms race with Russia, any serious gap in decision making can result one to five years later in a serious U.S. defense gap. This "decision lead-time" problem came sharply into focus last week when the Pentagon faced a serious, unexpected gap in top decision makers. The sudden death of Deputy Defense Secretary Donald Quarles (TIME, May 18) robbed the Pentagon of its key keeper of important policy detail just at a time when...