Word: dow
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...Dow Demonstration
...Dow demonstration can best be interpreted in terms of this inner conflict. Students were confronting the University, asking it to help them or to reject them: "We want you to help us, to protect us, to throw Dow out. But if you do not, we are willing to accept your rejection, your punishment," they were saying. But the University was again able to worm its way out of the problem with a traditional ploy: it neither accepted nor rejected...
Pusey went on to exclude from his epithets those "sincerely concerned about the war" and participate in "orderly demonstrations." He also disastrously underestimates the depth of support for the Dow demonstration. Six hundred bursar's cards were turned in, and 300 students participated. Is this the tiny minority Pusey characterizes it as being? Pusey does, however, recognize the extent to which the University is involved in the outside world: He notes students' "concern for the outside world and...desire to use knowledge for social as well as individual good." He would do well to recognize also the Selective Service System...
...rather disturbed to read of the Student-Faculty Advisory Council's resolution requesting the postponement of the scheduled (February 23) visit of the Dow Chemical Corporation. Whatever one's feelings about the war, the right of dissent, or the University's recruitment policy, this resolution seems defective on two grounds. First, it singles out one business corporation for special action while ignoring other corporations which recruit here and are also involved in the war effort. Second, it represents a partial prejudgment of the question of recruitment at Harvard at a time when the Council is just beginning to address itself...
...price-earnings ratio-that is, its price relative to earnings per share expected in the current year. Professionals tend to assign rather low P-E ratios to companies with profits that are rising only as fast as the U.S. economy's gross national product. Thus, the Dow-Jones industrials now have P-E ratios averaging less than 17 to 1, down from 21 to 1 just before the 1962 market break. Analysts give much more generous P-Es-50 to 1, or more-to companies with profits that rise faster than the U.S. economy and, most significantly, look...