Word: buying
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Dates: during 1950-1959
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Last week the President, as expected, refused to buy. "To my disappointment," he wrote in a blunt veto message,* "the Congress has presented me with a bill so excessive in the spending it proposes, and so defective in other respects, that it would do far more damage than good." Specific objections: an "excessive" $900 million for urban-renewal outlays coupled with a cut in the share borne by local governments, a brand-new direct loan scheme to build homes for the aged, subsidized loans to build college classrooms, looser requirements on certain classes of FHA loans. In sum, the bill...
...government for a time is requiring all price tags to bear both old and new prices. Workers accustomed to receive 40,000 francs a month may grumble at only 400 -until they discover a bottle of red wine now costs only a franc and the resurrected sou will buy a box of matches...
...foreign bothered Moore not at all. So, between the nasal cartoon witticisms of Bert and Harry Piel and the prizewinning Calo Cat & Dog Food commercial (TIME, Oct. 6), Californians were treated to a half-hour of sales pitches for products they may never get a chance to buy. A sampling...
...artist of astonishing power-a Rubens, perhaps, with a touch of Renoir. Within a year he is in Paris, painting his broad-hipped housemaid by day, panting for her by night. But the late-blooming bohemian's idyl is broken by Edith, who shows up to buy a painting and promptly recognizes the lamster. Will he turn worm and let himself be stuffed back into a boiled shirt? Not, the reader can bet his burnt sienna, until expatriate geniuses drink Pepsi-Cola instead of Pernod. For wives, the moral is clear: if a husband begins to doodle, draw your...
ITEK CORP. started when its president, a wartime aerial-reconnaissance expert named Richard Leghorn (M.I.T. '39), borrowed $142,000 from Laurance Rockefeller to buy two science-heavy organizations after the defense-spending cutback hit research in 1957. With these two-Physical Research Laboratories of Boston University and cash-shy Vectron. Inc. (electronics )-Itek began with a well-shaped organization (more than 100 scientists) that would have taken years to build. Though most of its work is classified, and identified only as "graphic retrieval,'' its stock soared from about $1.60 to $60 in a year, counting splits. Among...