Word: asset
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Dates: during 1960-1969
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Addison knows how to use the magic of the pot-of-gold word, uranium. His principal asset is a machine called the Benson Upgrader, with which it is theoretically possible to refine low-grade uranium ore several times over until it is fairly bursting with creamy-rich atomic goodness. The only difficulty is that the Benson Upgrader, which is something like a gravel washer, does not work very well...
...mutual funds fare in the stock market's sharp first-quarter decline? Last week, from Mutual Fund Expert Arthur Weisenberger & Co. came the answer. For the first three months of 1960, the average decline in per share net asset value of mutual funds with unrestricted investment policies was 6%. Funds that specialize in growth stocks fared a little better, declining an average of 5%, while funds that balance their portfolios among common and preferred stocks and bonds were off only 2%. Thus by the Weisenberger tabulation, which includes dividends and reinvested capital, the funds' performances were better than...
...potential investors the country's biggest asset is Olympio himself, a big man in a small country. A graduate of the London School of Economics, Olympio has almost eliminated a national deficit equal to one-third of the budget by impartially enforcing taxes, carefully auditing government accounts and setting an example of Spartan frugality. Declining to live in the official Prime Minister's house, he often bicycles to work, carefully turns off the refrigerator before going to bed "because I wouldn't want the electric people to think I'm becoming extravagant...
Swatantra's chief asset is clearly the growing dissatisfaction of India's masses with Congress Party maladministration and corruption, and the growing disenchantment of India's intellectuals with Nehru. The party's chief liability was shrewdly emphasized by Nehru himself, who during a 20-minute courtesy call on C.R. last week ironically remarked: "I've come to see how young you are looking." So frail that he moves about leaning on stout young lieutenants, for all the world like a resurrected Gandhi, C.R. admittedly has a limited political future...
...doctrine that the Messiah had been executed as a criminal was, as Paul said, plain foolishness to Greeks but a special stumbling block to Jews. Paul inevitably did better among the Gentiles-until the almost inevitable blowup, usually organized by dissident Jews. Then his personal bravery was an evangelistic asset. In three successive towns in Galatia, for example, Paul and Barnabas were expelled with violence (in one Paul was nearly stoned to death), but they returned and organized churches. In Ephesus, the makers of souvenir silver models of the temple of Artemis for the tourist trade organized a spectacular riot...