Word: 80th
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Surrounded by relatives and friends in a suite at Manhattan's Hotel Sherry Netherland, durable Elder Statesman Bernard Baruch celebrated his 80th birthday with champagne and caviar, ice cream and cake. Baruch, who back in 1947 said that he was bowing out of public life, had definitely changed his mind: "The sands are running out for me, but I'm not senile yet. I'll know when I am, and I'll shut up. But I am still able to cope with those fellows [in Washington], and I'll keep telling them what I think...
...committee very nearly voted out a bill giving the President real wartime price controls. The bill lost by one vote-10 to 9. The man who almost succeeded in persuading the committee to meet the nation's crisis head-on was a tall, hunch-shouldered man in his 80th year - Bernard Baruch...
That old tale about wild elephants going off alone to die in inaccessible "elephant graveyards" is one that Williams can refute from observation. What really happens, at least in Burma: somewhere between an elephant's 70th and 80th years, his big, coconut-size heart becomes as worn-out as his teeth. Too tired to follow the herd any longer, he grazes alone, but finds gathering his daily ration of 600 pounds of fodder a mammoth task. Thin and feverish, he moves down to water during the dry months and stands around keeping cool...
...check was Lustron's payment to Joe McCarthy for a plunge into letters-a 10,000-word article on housing legislation written during Republican McCarthy's term as vice chairman of the 80th Congress' joint Housing Committee. It was paid out at a time when Lustron, now bankrupt and $37.5 million in debt to RFC (see BUSINESS), was just beginning its long and rich ride on the U.S. taxpayers' back...
...Dream. The Republican 80th Congress sensed the obvious consequences of such ruinous economic nonsense. It passed the Hope-Aiken law of 1948, a step in the right direction. Money would have kept pouring out to the farmers in support prices ranging from a rigid 90% of parity on some products to as low as 60% on others. But Hope-Aiken never got into operation. Along came November 1948, and, with it, the Democratic Party's Big Dream. Although the Democrats had tacitly endorsed the 80th's switch to flexible price supports, the party turned...