Word: colossuses
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...defeat's full impact landed on the world's doorstep with the morning newspapers. Editorial writers, who had been championing Stevens all week, denounced him. Cried the Richmond News Leader: "Mr. Stevens has . . . contributed to the delusion that McCarthy bestrides this nation like some Colossus, while petty men walk about under his huge legs." Said the New York Times's Pundit Arthur Krock: "Officials who get into a slugging match with McCarthy had best be sure in advance that they have loyal seconds in their corners, a Sunday punch in both fists and the stamina to stay...
...more and more divorced from the technical aspects of airplane design and construction. The industry has reached the point in its development where the founders, once contemptuously called dreamers, have had to hire accountants and all the tribe of regular and orderly minds to keep tabs on their sprouting colossus...
...that Transamerica had grown to gigantic size, dominating 41% of all banking offices, 39% of all bank deposits and 50% of all bank loans in California, Oregon, Washington, Nevada and Arizona. "It may well be in the public interest," said Judge Maris, "to curb the growth of this banking colossus by appropriate legislative or administrative action." But, he ruled, FRB had failed to prove any lessening of competition or tendency to monopoly...
Turin, Italy's fourth largest city, is the capital of Italian industry. It is also the biggest company town in the world, dominated by a single colossus world-famed for its name: Fiat (Fabbrica Italiana Automobili Torino). Almost two-thirds of Turin's 735,000 people owe their livelihood to Fiat; off the assembly lines of its 15 plants roll 90% of Italy's cars. But automaking is only the core of Fiat's industrial empire. A visitor to Turin rides to a Fiat-owned hotel in a Fiat taxi, reads a Fiat newspaper, drinks Fiat...
...dream is at last reality. Six nations, producing 20% of the world's steel, would henceforth pool their outputs, eliminate tariffs, surrender control (but not ownership) of their basic industries to a supranational High Authority, headed by a dapper Frenchman who hopes to forge not merely an industrial colossus, but a new U.S. of Europe. "What we are doing with our own hands here at home in Europe is the greatest revolution of our history," said Jean Monnet last week. "The pooling of coal and steel is but a beginning; the union of the peoples of Europe...