Word: bywords
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Died. Arthur O. Dietz, 74, pioneer in auto installment financing and longtime (1939-60) president of Commercial Investment Trust, nation's largest sales-finance company. More than anyone else, Dietz made "Buy Now, Pay Later" a U.S. byword-starting in 1919 when he set up the auto sales division of C.I.T. to finance car sales, a development that put a rich man's luxury into a workingman's budget and brought C.I.T. to a loan volume of $4.6 billion annually by his retirement...
Government Regulation. Statistical projections tend to bear Davis out. Even in the U.S., representative of literate industrial nations where birth control has become a byword, the predicted average annual population-growth rate is averaging 1.3%. Present projections put the U.S. population at 308 million by the year 2000, 374 million by 2015. World population now stands at 3.4 billion. At its present annual growth rate-about 1.8%-it will nearly double by A.D. 2000. By 2050 it will be 15 billion. Even if world population growth were brought into line with the present U.S. rate, it would still double...
...Cool for Carl." While a few extremists dismissed the elections as "tokenism," black militants purposefully helped Stokes and Hatcher by avoiding violence in their cities this past summer. In Cleveland the byword was "Cool it for Carl." The more moderate majority of Negroes, who all too often in the past have been too apathetic, fearful or despairing to use the ballot as an effective weapon, this time showed rare cohesion and voted their interests. If bloc voting wins no seal of approval in civics texts, it has been the device by which every ethnic group in American history has exerted...
...Democratic bosses clearly hope that the mayoralty will go the Republican candidate, Joseph Radigan, 46, a prosperous furniture dealer with no previous experience in politics, who, like Hatcher, promises to clean up the corruption and vice that have made the gritty steel town (pop. 178,000) a byword for vice in the Midwest. In desperation, Hatcher has sent urgent appeals to the Administration in Washington and printed a full-page plea for campaign funds in the New York Times (cost...
...Years Late. Mumford's profoundly reactionary answer to the megamachine is to throw a monkey wrench into it and send it down a time tunnel. Go back to Benedictine monasteries, where work was a "byword for zealous efficiency and formal perfection." Discover new prophets of "modest, humane disposition," like Jesus and Confucius. Establish new routines, such as the Hebrew Sabbath that "found a way of obstructing the megamachine and challenging its inflated claims." Abandon the modern constitutional equivalents of ancient kingships and revert to Neolithic culture. In other words, Mumford would perfect man with weaving, pottery and thatched-village...