Word: byproducts
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Dates: during 1950-1959
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...notable byproduct of Vogel's victory was his apparent defeat of two mighty Wall Street investment houses−Lehman Bros, and Lazard Freres−who are dissatisfied with Loew's management (TIME, Nov. 12). Lehman and Lazard figured to control about 3,000,000 of the 5,336,777 shares outstanding. Yet last week they voted only 150,000 shares for the rebel cause. A Lehman-Lazard spokesman contended that the two firms can still control approximately 3,000,000 shares. But they do not appear to want to lead a proxy fight themselves, nor do they support...
...revival of the U.S. maid-and the fact that there are still not enough of them-is one more byproduct of the prosperous '50s. With more money than ever before, people have bigger houses to keep tidy, more meals to cook and clothes to wash, more places to go and problems to cope with every day. The migration to the suburbs means more chauffeuring for mothers, more gardening, more sports and club meetings, all jammed into an already crowded day. Despite all the labor-saving new gadgets, the U.S. woman wants and needs a maid to help...
Despite the uncomfortable short-term effects on industrial expansion, few economists are seriously worried that the present capital shortage will harm the free world's economy over the long run. Most consider it an inevitable and, to some extent, desirable byproduct of worldwide prosperity. In many nations, the shortage of money acts as a brake on hell-for-leather expansion programs that threaten to burst their economic seams. Often the general effect is to create a natural rationing system based on the laws of supply and demand, which tends to channel capital away from marginal projects into more important...
...sincere man, Sir Omar's British advisers help him achieve his purposes. It has not always been easy in a land that now boasts more than 50 schools but not yet a single college graduate. But even the leader of Brunei's nationalist party (an inevitable byproduct of progress) is mild in his demands. "We want internal self-government, but we will stay in the Commonwealth," he says. "And let me make it clear-we're not 'demanding' anything. We're simply requesting...
...last year by reporting that he had consistently extracted from the blood serum of schizophrenics a substance, which he has dubbed taraxein, that causes symptoms similar to schizophrenia when injected into normal volunteers. To make sure that taraxein really exists in schizophrenics' blood and is not merely a byproduct of laboratory processing of the serum, Heath took half a pint of blood from patients, removed the cells, and directly injected the serum into volunteers. They promptly developed what looked like mild, temporary, schizophrenic symptoms. With similar blood from normal subjects there was no such reaction. Ergo, argued Heath, taraxein...