Word: arounders
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Dates: during 1940-1949
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After the iron had precipitated, the earth was a solid, fairly cool but basically unstable object. In its center was a ball of comparatively light rock. Around the rock was a thick layer of mixed iron and stone. Then came a very thin layer of stone. The whole great ball was smooth and symmetrical, with no land. Deep ocean covered the whole surface...
When Rutgers University needed to save some money during the war winter of 1941-42, a budget official had a bright idea: Why not fire Selman Waksman, an obscure Ukrainian-born microbiologist who was getting $4,620 a year for "playing around with microbes in the soil?" That sort of fun & games, the moneyman pointed out, had never really paid...
Fortunately for Rutgers - and for mankind - Dean William H. Martin of the College of Agriculture saved Dr. Waksman from the ax. Within two years Selman Waksman's "playing around with microbes" had paid off with one of the biggest jackpots that has ever gushed from a scientist's laboratory. Dr. Waksman (rhymes with boxman) had become the discoverer of streptomycin, which ranks next to penicillin among the antibiotics and is the first of these "wonder drugs" to show hopeful results in the treatment of tuberculosis...
...Morgan broker," Richard Whitney,* to the Stock Exchange's No. 2 Post, where U.S. Steel is traded. Cried Whitney: "I bid $205 for 25,000 shares of Steel." He moved on to other posts, cried other bids for huge blocks at the price of the last sale. Around the floor word spread that the House of Morgan and the New York banks had put a cushion under the market. The market rallied. It looked as if the Morgan "miracle" had staved off disaster. "Business," announced Secretary of the Treasury Andrew W.Mellon, "is fundamentally sound." The Cleveland Trust...
Princeton blocking in the center of the line was equally effective, although, not so spectacular. The Harvard secondary had to fill the holes, and since the buck series sent the tailback and wingback around end the backers-up had to hold back until the play was committed. This usually meant a five yard gain...