Word: backed
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Dates: during 1950-1959
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...quarter-including Joel Street, named in his honor. From his suite in the neighborhood's top hotel, vacated for him and his party of 50, he handed out blessings and advice (tantamount to orders) to the hundreds that queued up for hours to see him. Occasionally, he leaned back in an armchair and dozed while others prayed. Teitelbaum has not slept in a bed for 50 years...
...partisans hark back to the Hasidim (pious ones) who flourished in 18th century Poland. But unlike other modern Hasidic sects-which are devoted to a kind of cheerful mysticism and have no objections to Israel-Teitelbaum's followers are fanatically opposed to most aspects of modern life, including military service, voting, movies and TV, mixed gatherings of men and women. They live in self-imposed ghettos, speak only Yiddish since they consider Hebrew sacred and reserved for prayers. Their opposition to Israel rests on two beliefs: 1) only the Messiah can establish a Jewish state, and any human attempt...
...Frenchmen got set for a hike. Most were Bretons or of Breton origin, and many had come from far-off towns and lands; all had waited six years for the day. The occasion: the Tromenie, Brittany's sexennial pilgrimage, whose history, like Locronan's, dates back to the 5th or 6th century...
...Government's economists were surprised at the rise of $13.3 billion from the last quarter, $49 billion up from a year ago. They had hoped that the U.S. economy would show enough strength to reach the $500 billion mark by mid-1960. But the economy has snapped back from the recession-and hurtled on-faster than the most glowing optimists had predicted only a few months ago. It now stands at more than $50 billion above the 1958 recession...
...autos, bounding back from the red ink of 1958, Ford Motor Co. led the march far into the black. Chairman Ernest Breech reported that Ford's second-quarter earnings of $2.76 a share (Ford lost money in the same quarter last year) were the highest for any quarter in the company's history, lifted Ford's half-year earnings 1,676% over last year, to a record $5.22 a share. Though Ford's second-quarter sales were only $3.7 million higher than the first quarter, its profits rose $16.3 million, demonstrating what automen have long known...