Word: boom
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Dates: during 1950-1959
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Statewide Campus. Next to the last colony into the Union, North Carolina lacked good seaports for the cotton-slave boom that swept Virginia and South Carolina. "A vale of humility," the state was called, "between two mountains of conceit." In the Civil War it lost more soldiers than any other Confederate state; later it suffered its share of corrupt Reconstruction government until 1901. Heading the new leaders that year: "Education Governor" Charles B. Aycock, whose fiery crusade for schools got a new one built every day for ten years, gave education a permanent claim on a lion's share...
...wtih unfamiliar dexterity; if we must have more jokes about Method acting, let us by all means have Mr. Feiffer's image of "The Inner Me Acting Academy." His ear for catch phrases and talent for parodying them are as precise and effective as ever; in the story entitled "Boom!" he reproduces a dialogue of two generals discussing their progress: "This is last year's bomb. We thought it was pretty ultimate, remember?" "Boy, were we naive...
Other signs of boom...
...came from such old-line blue chips as American Telephone & Telegraph and International Business Machines, which topped 600 before sliding back at week's end. Behind the market advance was a growing realization by investors that 1959 will be a far better year than most had expected. The boom is already being reflected in earnings (see below...
...Gershwin, and he fielded sandlot grounders batted by Lou Gehrig), rode the subways to New York University Law School ('31). With loans and his skimpy earnings as a young attorney, he bought Bronx apartments at Depression prices, later cashed in on World War II's real estate boom. Typical Chalk deal: in 1942 he bought the 16-story apartment house at 1010 Fifth Avenue (corner of 82nd Street) for $1,000,000, putting up considerably less of his own cash. It is now worth upwards of $4,000,000, and Roy Chalk lives there, has built a suburban...