Word: builded
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Dates: during 1950-1959
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From within Washington's secrecy-walled atomic energy councils, a rumble of dispute occasionally bursts into notice like a volcano's reminder of subterranean turmoil. Such a rumble was audible in Washington last week in the debate over whether the U.S. should build another reactor to produce plutonium, a radioactive element now much needed for compact, low-fallout nuclear weapons. Yes, said Congress. No, said the President. Underlying the conflict was the chronic tension between the Administration's desire to avoid needless expenditure and military leaders' nagging fears that the U.S. is skimping on national defense...
...sing such rousing tunes as the official Roar, Lion, Roar at almost any meal. Though many a Rotarian and no few Kiwanians would continue to frown down upon lively Lions, the Jones ideas infected the older clubs (the Kiwanis motto has been changed from "We Trade" to "We Build"), and the Lions thrived first in the U.S., then in Canada, Latin America and Europe...
...educate his children. Julius Tishman built small tenements in downtown Manhattan until 1910. Then he decided, against all advice, to erect a nine-story luxury apartment on Manhattan's West 93rd Street, despite a tradition that no well-to-do New Yorker would live above 86th Street. The building was profitable, and Julius Tishman made his fortune by continuing to build above 86th Street for the next ten years...
...year young Norman graduated from Harvard, Julius decided to build an office building across from Manhattan's Penn Station. Though the area was largely occupied by factories, Tishman thought it would be ideal for commuting office workers. He was right; other companies followed his lead. Right after World War II, the firm built the first fully air-conditioned office building and the first metalclad office building in Manhattan...
...tactics, the company, which the Tishman family controls with nearly 50% of the 1,940,000 shares of common stock, netted $4,033,975 in 1957, although the net profit for its first half of this year is down to $1,250,000. Tishman's goal is to build enough properties so that most or all the firm's profits will eventually come from rentals, make it immune to ups and downs in the market for new building. Says Norman Tishman: "When the day comes that we don't care whether we make a sale...