Word: capehart
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...business. NBC's American Inventory gave an upbeat plug to the stock market in a playlet about the joys of being a small investor, while on Youth Wants to Know. Arkansas' Senator William Fulbright (see BUSINESS) deplored the market's excesses. Indiana's Senator Homer Capehart got in the act by appearing on Walter Winchell's ABC telecast for the express purpose of asking Winchell some friendly questions about his broadcast stock tips. Unfortunately, the Senator began by answering questions instead of asking them, and whenever he seemed likely to get in stride, was forced...
...becoming a monopoly? Answered Curtice: "We have to keep aggressively competitive in all areas in order to keep sure of maintaining even our position." To show what he meant, Curtice predicted that by 1962 auto registrations will rise 30%, with a gross national product of $500 billion. Then Capehart spoke up again. The line of questioning, it seemed to him, had nothing to do with the stock market. Snapped Fulbright: "You have no right continually to criticize my questions." But Capehart disagreed. "I am going to continue to do so because I am thoroughly-100%-convinced that the purpose...
Humphrey was joined by Indiana's Republican Homer Capehart, who had been needling Fulbright from the beginning. Said Capehart: "The series of questions that we have had in this committee have all tended to be on the negative side, [and have tended] to prove that stock prices are too high and that maybe we are just a few steps behind a crash such as we had in 1929." Said Fulbright: "It is very inappropriate to engage in bickering with you before this audience." Replied Capehart: "You started it ... You . . . stick to your knitting and ask [your] questions." Fulbright flushed...
...Capehart said yesterday that he could not speculate on the likelihood of asking Galbraith to reappear. "I have done all I can do. The executive session will have to be called by Sen. Fulbright, an dthe decision on Galbraith will rest with the committee," he said...
...Capehart said that should the professor be recalled, he intends "to take the inquiry all the way. I want to ask Galbraith about his views on the private enterprise system," he said...