Word: britishism
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Dates: during 1950-1959
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Gripping the table to control his Irish temper, Jim Hagerty replied with unexpected docility that he "would expect" the forthcoming television chat of Eisenhower and Macmillan to include a report on the issues. When the program produced mostly generalizations,, newsmen looking for amplification found that Hagerty and the British spokesmen were "unavailable...
Iron & Haggis. That again enraged British newsmen. But their biggest gripe was that President Eisenhower refused to hold a press conference, although he had done so in West Germany. In rebuttal, Hagerty stubbornly and rightly maintained that Eisenhower was not at the beck and call of the press: "The President of the United States is here as a Chief of State, and he makes his own decisions." (Beyond that, British Prime Ministers never grant on-the-record press conferences...
...Eisenhower's visit, this iron streak of Hagerty's in standing up to the daily hammering by the press had won the grudging admiration of many British newsmen. The night before Eisenhower left, one hitherto critical Fleet Streeter declared: "We have learned to regard you here as a friend and helper." Then he added: "Should the President come back again, we shall try to ask you questions such as 'Will he be having haggis for lunch?' " Deadpanned Jim' Hagerty: "Thank you very much. I appreciate...
...crudely scrawled order to buy stocks. "The man probably had the money in his mattress for 25 years,'' said a fund executive, "but we're getting used to this sort of thing." This "sort of thing" was such a rush to buy shares in British corporations that the Financial Times's share index soared to 259.7, up from 188.1 last fall. Many a broker grumbled that the invasion of new, little investors was forcing prices so high that yields for longtime investors were being sharply...
...Britain, 42 mutual funds have sprung up (four of them in the past 15 months), offering to invest sums as small as 38?. With 400,000 buyers enrolled, British fund assets jumped 50% in the past year alone, to $336 million. Among newcomers to the capitalist class are thousands who still have no bank accounts. A poll of investors showed that one-fourth left school in the grammar grades. So radically has the British attitude toward buying shares in capitalism changed that even the Laborite Daily Herald in its financial column now urges mutual funds as a good place...