Word: felt
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Dates: during 1960-1969
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Taste of Absinthe. Like many newspaper editors, Beuve-Méry professed a policy of complete independence, "economically, politically and morally." Perhaps more than any, he followed it. Once, in 1951, when he felt the papers political independence threatened from within its top administration, Beuve-Méry resigned; he returned after the editorial staff refused to work for his proposed successor. Le Monde's working journalists now own 40% of its shares and have veto power over the naming of a new director...
...Mekong management two months ago in a way intended to heighten its appeal to Western capitalists and Asian Communists alike. Dr. C. Hart Schaaf, 57, an outspoken and visionary Indiana professor who in ten years as chief executive became known as "Mr. Mekong," was reassigned to Ceylon. U.N. executives felt that the chief should be non-American, particularly if the project is ultimately to draw the support of North Viet Nam. They selected Switzerland's Victor H. Umbricht, head of CIBA Ltd., the drug manufacturer...
Wooden hat blocks are old hat to the millinery industry. A designer fashions a new shape, a whittler carves it in wood, and then it is mechanically mass-produced. Felt is draped over it, steamed and pressed into its contours, and voil...
...large measure for the magnitude of the Depression of the 1930s. Partly because so many banks failed between 1929 and 1933, the U.S. supply of money shrank by 33%?and that compounded a worldwide economic collapse. The Federal Reserve, which took a narrow view of its responsibilities, felt itself almost powerless to reverse the tide of events. Not really understanding what should be done, it did practically nothing to offset the contraction of the money supply...
...pastime is a wry reaction to a far more serious numbers game. As fast as incomes rose, the price of necessities seemed to rise even more steeply in 1969, and few wage-earners felt that they were better off than when the year began. An inflation sampler...