Word: mutually
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Dates: during 1960-1969
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After lunch and a brief rest at the U.S. embassy, Ike drove to the Brazilian Congress to deliver an eloquent and forceful address that was interrupted by 27 bursts of applause, three standing ovations. Brazil's mutual-assistance plan for Latin American development-Operation...
...tenth consecutive year, a U.S. President sent a mutual-security foreign-aid program to Congress, and Dwight Eisenhower's 1960 model had worn and familiar lines. A multibillion-dollar aid program, acknowledged Ike to a moderately hostile Congress, is now "a fixed national policy." And then he requested a budget-rattling $4,175,000,000 for fiscal...
Congressional Democrats, who have long championed mutual aid, at once complained that the program contained too few genuinely mutual, share-the-load projects. In this election year, they are only too eager to fling the President's free-spender charges right back at him. They promised to cut Ike down to size by lopping off $1 billion, possibly to tack the saving onto the embattled U.S. defense budget. "There is too much money and too little change in administration," said Montana's Mike Mansfield, the Senate Democratic whip. "Where is the joint foreign aid effort with other free...
...worried about any downturn in the economy; instead it was suffering from frustrated optimism. The Street and investors throughout the nation seemed to have forgotten that the decade's growth would not be evident immediately. Said A. Moyer Kulp, vice president of the Wellington Fund, second biggest U.S. mutual fund: "The market has been too impatient. Men's minds just got things soaring too soon." Seldom in Wall Street's history had the turnabout from giddy optimism to pessimism been so abrupt...
...market slump has been blamed on the withdrawal of the institutions from the market some time ago. Many of them turned to bonds, short-term government securities, or cash. Last week there were signs that the institutions were coming back into the market. Massachusetts Investors Trust, biggest U.S. mutual fund, reported that it was fully invested in common stocks. The Boston Fund, which had been making "very heavy" sales of common stocks, stopped selling. Said John P. Chase, president of a Boston investment counseling firm, who manages two mutual funds and advises others with $400 million in other capital...