Word: americans
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Dates: during 1950-1959
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...Gifted. What first fascinated Conant about the public school was its Jeffersonian character-the mixing of children from all social levels. At casteconscious Harvard, President Conant's great theme was the American tradition of respecting any man good at his trade. "Each honest calling, each walk of life,'' he said in a baccalaureate sermon, "has its own elite, its own aristocracy based on excellence of performance . . . There will always be the false snobbery which tries to place one vocation above another. You will become a member of the aristocracy in the American sense only if your accomplishments...
...squeezed out of some plane program. All told, the U.S. will order only 1,500 planes this year compared with 1,760 last year. Next year the cuts will be bigger. Of the fabled Century series of supersonic fighters, the fiscal 1960 budget allocates not a penny for North American's F-100 Super Sabre, McDonnell's F101 Voodoo, Convair's F-102, Lockheed's 1,400-m.p.h. F-104 Starfighter or Convair's F-106. Only one tactical plane is funded in the new budget: Republic's supersonic F-105 fighter-bomber...
...Wall Streeter, "and almost all the aircraft earnings will continue to nose down." Compared with their 1959 highs, all aircraft stocks are well down. General Dynamics has dropped from 66½ to 48½, Martin from 62½ to 38¼, Douglas from 59¼ to 46, North American from 52⅝ to' 37¼, Grumman from 30¼ to 24⅜. In the past fortnight, nine aircraft stocks scraped new 1959 lows. Among them: McDonnell, Bell, Temco, Northrop, United Aircraft...
...North American was also one of the companies to get in first, even though it held big contracts for its F-86 and F-100 fighters. It figured that the fighter might well be shelved by missiles, started right after World War II to get ready. Now, with its Rocketdyne Division making many of the big rocket engines and with a backlog of $758 million for projects running from nuclear reactors to the X-15 (the plane that is expected to be the first to fly into space), North American's profits are on the upturn. They will rise...
...Many people who are purchasing small imported cars will prefer first-class American transportation to the second-class transportation offered them by small foreign imports." So said Ford Motor Co. Chairman Ernest R. Breech last week, as Ford became the first of the U.S. Big Three to hold a press showing on closed-circuit television of its new 1960 compact car to newsmen gathered in 21 cities...