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...Reserve Board warned the Philadelphia Bond Club that industrial prices have risen 2% since the recession low, sooner and more sharply than after the two last recessions, despite continued high unemployment and unused industrial capacity. The upsetting fact about this, said Balderston, is that the price level did not dip during the recession, perhaps because the downturn was so short. "The recent advances are piled on top of a level that never dropped down. When prices fail to decline during a recession, then they are in position to contribute to inflation during expansion...

Author: /time Magazine | Title: Business: Visions of More Inflation | 5/4/1959 | See Source »

...week break from prayer meetings on his Down Under "Crusade for Christ," Evangelist Billy Graham went out for a dip in the Pacific surf at Broad-beach, Australia. Later, tanned and rested, he flew off to New Zealand, stirred 3,000 welcomers with a message of hope: "If Christians around the world unite in prayer, we could avert war. We don't have anything in common racially or politically. One common denominator we do have is spiritual...

Author: /time Magazine | Title: People, Apr. 13, 1959 | 4/13/1959 | See Source »

Cheating the modern slots is therefore no job for the amateur. It requires professional skills: the crust of the con man, the deftness of the dip, the skill of the safecracker. The professional cheater will buy a machine ($400 and up), take it home to his workshop for devoted scientific study. Disassembling it, he will examine each reel, spring and screw. How best to make his entry? What tool will do the job? What part of the mechanism should be jimmied with what tool? Then comes careful experimentation until at last he discovers the machine's weak spot...

Author: /time Magazine | Title: GAMBLING: How to Hit the Jackpot | 4/6/1959 | See Source »

...response to Roosevelt's charge that the Bulletin "evidently does not want to give the alumni any information on the nomination of Dip Bunche," Mahon pointed out that he is not required to give reasons for the rejection of any advertising copy. "If we did not have these restrictions," he continued, speaking "in general terms," the Bulletin would "be at the mercy of every crackpot in the world." Mahon added that "the Veritas Foundation seems to thrive on the controversial aspect of things...

Author: By Craig K. Comstock, | Title: Veritas Foundation Hits Alumni Bulletin Policy | 3/11/1959 | See Source »

...Yale match, for instance, the Yardlings were missing their number three, seven, and eight men--Jim Parkman, John Philipp, and Sandy Cortesi. Furthermore, third alternate Hal Roberts was also unable to complete, forcing coach Corey Wynn to dip down to his thirteenth man in the most important contest of the season...

Author: NO WRITER ATTRIBUTED | Title: Freshman Squash Team Finishes With 8-8 Record After Loss to Yale | 3/3/1959 | See Source »

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