Word: acceptance
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Dates: during 1950-1959
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Resolute Spirit. First order of business amid this tumult was to accept a degree in political science from the University of Ankara. The citation praised Eisenhower as soldier and President, noted that he had served as president of Columbia University. Another honor: honorary membership in the Turkish War Veterans Association. Said Ike, as he accepted: "I know what kind of fighters the Turks are, so I appreciate this very much...
...months as Defense Secretary, which began so dramatically only five days after the first Sputnik soared into history, McElroy has had a hit-or-miss record (TIME, June 22). As a salesman, succeeding rough-handed "Engine Charlie" Wilson, he did a brilliant job of persuading Congress to accept his budgets-and then some. Congress, in fact, gave him some $806 million more than he asked for. But he could not choose between proliferating, billion-dollar rival missile systems, crack down on interservice rivalry, or explain away the Administration's decision to rely on bomber power and accept a missile...
While the local participation means an easier way through local prejudices, it also means taking on headaches. Biggest is the expectation of high returns by local investors. In an area where investment firms guarantee 8% and manufacturing profits sometimes top 50%, investors are loath to accept less, and dislike U.S.-type management, which believes in building up large reserves, plowing profits back into expansion. Nevertheless, the investors seem to be swinging around to the U.S. concept. In Brazil, where U.S. owners in 1945 held 95% of the stock in 67 companies, today they hold 95% in only 17 companies...
...cheer Churchill as he shuffled to his accustomed seat. It was his 85th birthday. After hearing congratulations from Labor Leader Hugh Gaitskell and Tory House Boss R.A. ("Rab") Butler, the old man rose slowly to break his long parliamentary silence. His speech in full: "May I say I accept most gratefully and eagerly both forms of compliments." Afterward, Sir Winston and Lady Churchill celebrated the anniversary at their Hyde Park Gate home, which they had fled a day earlier to avoid getting underfoot while the chef and a platoon of servants were scurrying about while manning their party stations...
...together. "We do not get what we call matter as a result of the simple aggregation and juxtaposition of atoms. For that, a mysterious identity must absorb and cement them, an influence at which our mind rebels in bewilderment at first but which in the end it must perforce accept." The third property of matter is energy-"the most primitive form of universal stuff...