Word: burnham
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Dates: during 1960-1969
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...time he had read Sidney Hook, James Burnham and Edmund Burke, he had decided that "to be a conservative today, you have to be a radical." This conclusion led to a $350-a-month assistant editorship on the Freeman magazine and another job with another right-wing magazine, the National Review, put out by his wealthy Yale friend, William (God and Man at Yale) Buckley. "The American tradition," Evans proclaimed in the Review, "is unequivocally conservative." Evans still serves the National Review as a contributing editor...
...such "fiddling" causes an unnecessary guessing game about the Fed's intentions. They feel that 70% margin is too high in today's economy, and that with U.S. consumer credit at a record $52.8 billion, too tight a hold on stock credit is unfair. Says Isaac W. Burnham II, senior partner of Burnham & Co.: "To exact 90%, 80% or 70% margin on the world's most liquid collateral-listed securities-is outrageous. The Fed ought to set margins at 50% and leave them there; 50% is adequate protection for customer and broker...
...chatting about her famous son. The first thing she made clear about Richard Milhous Nixon : "I never called him Dick. He just seems like a Richard to me."- Turning back to Nixon's childhood, she recalled: "When he was a boy, he looked up to Mr. Everett Burnham. a train engineer. I don't know if Richard had any goals early in life." Despite Nixon's preoccupation now with the nation...
...similar occurrence. Actually, anyone heeding the Dow Theory's buy and sell signals since 1929 would have been wrong 15 times out of 24. On those occasions, he would have sold low and bought high, an experience known in market parlance as "whipsawing." Said I. W. Burnham II, senior partner of Burnham & Co.: "I don't believe in the Dow Theory-and I don't know any rich Dow theorists." Nevertheless, the market's rough ride has cooled some of the enthusiasm over the business outlook. Some business news last week, in the light of over...