Word: americans
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Dates: during 1950-1959
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...dropped 10½ to 47½. Oils were burdened by heavy inventories and price cuts: Royal Dutch dipped 5⅜ to 42½; Standard (N.J.) slid to 51⅝; Gulf worried off 16 to 110. Among utilities, losses from two to five points hit Consolidated Edison, Southern California Edison, American Electric Power...
...living index should actually be called the cost-of-living-better index. By reporting only selling prices and failing to identify quality improvements, the BLS long has given a distorted picture of what actually is happening in U.S. living conditions. This week, in a monumental 253-page book. How American Buying Habits Change (U.S. Government Printing Office; $1), the BLS handsomely made amends. It summarized the upgrading in the life of the average U.S. workingman since the bureau's first survey...
...small lofts, warehouses or garages in the commercial districts of Boston or Cambridge, looked very much like the radio-repair shops and jobbers that surrounded them. To finance samples of new products, the founders dug into personal savings or tapped friends. Cash came from such risk-minded organizations as American Research & Development Corp., which sponsored many science companies (High Voltage, Tracerlab), and from individual investor groups such as those of Laurance Rockefeller, who now is sponsoring one of 128's newest, Geophysics Corp. of America. As the prototype models succeeded, the young companies outgrew their quarters and moved...
Died. Frederick Lewisohn, 77, nephew of New York City's famed Philanthropist Adolph Lewisohn (patron saint of Lewisohn Stadium), an organizer of several of the mightiest U.S. mining and smelting companies, e.g., Anaconda Copper, American Smelting & Refining, in later years a big help to the late Robert R. Young in his successful fight to win control of the New York Central Railroad; of a heart attack; in Monte Carlo...
...says Bruckberger, it can teach Europe to be non-puritanical in its politics. Europe has consistently sacrificed man in the flesh to theory in the abstract. The French and Russian Revolutions were Procrustean; if human beings did not fit the bed of Utopia, their heads were chopped off. The American Revolution, on the other hand, assumed that the state was made for man. The founding fathers, suggests Bruckberger, had the uncommon sense to recognize that the people "have no right to deify and worship themselves." Thus the U.S. was spared the terrible idolatry of the 20th century's false...