Word: goals
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Dates: during 1950-1959
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Economic Growth: The U.S. should strive to attain an economic growth rate of 6% a year instead of the past decade's average of 3% a year. So far, Rockefeller has not explained just how that 6% goal might be reached...
...root of the tension between the Air Force and the colleges, said President Millett, is a continuing uncertainty over the mission of the A.F.R.O.T.C. program. Over the past 15 years, the Air Force has shifted the goal from training men to serve for short terms in reserve units to recruiting and educating active-duty officers on a long-term career basis. This has been done, charged Millett, without the Air Force's defining a new mission for its college R.O.T.C. units. Said he: "It is not unfair to say that the administrations of many colleges and universities sense...
World by the Tail? Whether the U.S. achieves that goal and goes on to serve all the many millions around the rapidly developing world depends on whether the businessman competes to the fullest of his impressive abilities. One of the great debates of 1959 that is bound to continue on into the 19605 is the economic competition between the U.S. and Soviet Russia. In the statistical numbers game, the experts point in alarm to the fact that Russia has grown to rank as the world's second greatest economic power in the space of 30 years. They cite...
...past three years, Harvard University has diligently appealed to its alumni in a well-planned drive to raise $82.5 million. Purpose: a lavish refurbishing of Harvard College (TIME, Nov. 26, 1956). Last month, still about $10 million short of the goal, Harvard went back to wealthy alumni who had already given. Last week the results were announced: out of deep pockets in three weeks flowed 18 six-figure gifts totaling $3,100,000, to boost the pledges to $75 million. No sooner had the word been issued than other Harvard-men jumped in to help raise the remaining...
...Goal: More Growth. The Bakalar brothers run their three plants, which employ 4,300 workers, with an informal touch. In their rambling Wakefield, Mass, headquarters, which was once an underwear mill, the Bakalars share a secretary, avoid written memos, and do most of their business in corridor conferences with staff members. Decisions by Leo, 46, who serves as treasurer and chairman, and David, 34, who is president, have equal power. To justify the price of Transitron's stock (now selling at a steep 45 times projected 1960 earnings) the company is expected to diversify, use the 2.1 million shares...