Word: depressionitis
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Dates: during 1950-1959
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Twenty-five years ago, in the midst of the depression, two Pennsylvania towns, Ambridge and Aliquippa, tried one of the first serious experiments in applying new ideas about the school year. Both towns were operating under the pressure of necessity--they did not have sufficient funds to handle the school...
From 32,000 to 625,000. In 20 years, 50-year-old Barney Kilgore has presided over the transformation of the Wall Street Journal from a Depression echo of Wall Street to the fastest-moving daily in the U.S. Since 1940, circulation has grown 19-fold, from 32,000 to...
The Journal's success story parallels the prodigious post-Depression growth of the business community, where stocks and bonds traded on the New York Stock Exchange alone are worth some $382 billion today, v. $96 billion just two decades ago. Its high status is a far cry from its...
He drove right into a million dollars when he began trading in oil leases, was wiped out in 1921, when oil prices tumbled, made another fortune and went broke again early in the Depression, when overproduction in the East Texas fields brought posted prices down to 10? a barrel. He...
Died. Sumner H. Slichter, 67, white-thatched, aggressively independent economist, Lament Professor (1940-59) at Harvard, who tested his academic theories by constant contact with people active in business, labor and government, filled nine books and countless articles with a hard-headed faith in the buoyancy of the U.S. economy...