Word: bonde
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Dates: during 1950-1959
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...them suroect, especially to faraway Washington and the apprehensive military. Intensely loyal to the U.S., crushed by the restrictions of martial law and threatened internment, the Nisei wallowed in confusion until their island friends came to their rescue, set up coordinating committees that satisfied the suspicious, promoted Nisei war-bond purchases and blood donations, talked encouragingly to 10,-ooo individual Japanese.-Notable among the helpful, friendly Caucasians: Jack Burns, the Montana-born Honolulu cop, who won a Nisei devotion that would have much to do with his future political fortunes...
...Union Club. In his resplendently gold-jacketed first novel, Yaleman Goodman, 23, lists a few undergraduate acolytes who keep the torch flaming: "Lawlor Reck, who had won the Charleston contest at the Everglades Club in Florida for six years running . . . one of the Du Pont boys . . . Lou Bond, who was from San Francisco and had no toes...
Behind Martin's alarm lay an attempt by easy-money advocates in Congress to use the Government's bond crisis (TIME, June 15) to put pressure on the Federal Reserve Board to go back to the wartime policy of supporting the market for Government bonds. The Fed now buys short-term Treasury bills only. The Fed believes that if it bought bonds now, without wartime controls on spending, it would pump new money into the economy, thus nullifying its attempts to control the boom by tightening credit...
Wagon Train (NBC, 7:30-8:30 p.m.).* Ward Bond riding herd on all them ornery critters, human and otherwise...
...dividends, the blue chips were yielding about 3% last week, and some of the racy electronics and missile favorites were paying nothing at all. Meanwhile, back in the bond market, the tax-exempts were yielding a handsome 3.8%, while the highest-grade corporates also moved above 4½%. The yield spread between common stocks and bonds was uncommonly wide. Classically, the situation called for a move out of stocks and into bonds. But investors-wagering heavily on the economy's growth, figuring on more inflation and preferring capital gains to dividends-showed no signs of hopping off Wall Street...