Word: program
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Dates: during 1940-1949
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Congressional resentment showed in the horny-handed handling it gave the ECA appropriation, in the stony eye it cast on the arms program, despite an all-star presentation by Secretary of State Acheson, George Marshall and the Big Brass in summer tans. Internationalists of proven good will were as stern as hard-shelled isolationists...
...worry was deepseated. There was concern over America's own economy. There was a definite foreboding that the "minimum" arms program was a by-guess-and-by-God estimate wrapped in a dark warning and covered by a blank check. There was an uncomfortable suspicion that the U.S. was being suckered into a premature manning of battle stations, that U.S. weapons and money might be dissipated in driblets from Greenland to Greece. There was a nagging fear that ECA might help keep Europe convalescent but never put it back on its feet. There was also a petulant feeling that...
...first priority of the joint defense is our ability to deliver the atomic bomb." 2) "England, France, and the closer countries will have the bulk of the short-range attack bombardment and air defense." 3) "The hard core of the ground power in being will come from Europe." The program, Bradley said, was "an opportunity to gain, at a minimum expense, additional measures for our own security...
Berkshire Festival (Sun. 4:35 p.m., NBC). The Boston Symphony in an all-Stravinsky program...
People seemed to have decided that the U.S. economy was in for another shot of inflation, with the Administration committed to a program of deficit financing. Some Wall Street professionals, on the other hand, were betting against it. In July, the New York Stock Exchange's short interest (i.e., the number of shares sold short by pessimists in expectation of falling prices) hit a 16-year peak of 1,844,313 shares...