Word: programing
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Dates: during 1940-1949
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There was no mention of the military aid which Lieut. General Albert Wedemeyer had strongly urged five months ago (TIME, Oct. 20). The program was admittedly aimed only at "a limited objective," could do no more than provide "a respite from rapid economic deterioration." Said Harry Truman: "Nothing which this country provides by way of assistance can, even in a small measure, be a substitute for the necessary action that can be taken only by the Chinese government...
...Received the European Recovery Program bill from the Foreign Relations Committee. The bill bore a strange financing device. Colorado's Eugene Millikin, who will later handle the Republican knife on taxes, devised a method to give ERP all of the $5.3 billion needed for its first year of operation and also have several billions left over for tax slicing. It was a neat bookkeeping trick: $3 billion of ERP's cost will be charged against 1948's books, to be met out of the estimated $7.5 billion 1948 surplus, leaving only $2.3 billion to be charged against...
Disagreeable Program. Last week Cripps's chances of persuasion looked better, on paper. The General Council of the Trades Union Congress agreed in principle to the wage freeze. To make it less chilling, Cripps announced that he was giving British business one month to prepare "some plan for price and profit decreases," to match the wage-pegging...
...Should the tax reduction of the Knutson Bill be enacted?" will be the topic of the Law School Forum to be broadcast over the ARC networks tomorrow afternoon at 12:30 o'clock. For University listeners the program will be broadcast at 4 o'clock over WCOP...
Participating in this second program of the Forum's radio series will be: Dean Erwin Guiswold of the Law School; John T. McNaughton SL; John K. Butters, assistant professor of Finance at the Graduate School of Business Administration; Andrew J. Casuer, professor of Law; and John L. Casep 3L, chairman of the Young Republicans' Speakers Bureau...