Word: feverishly
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Loose Wires. To cool the "feverish boom," Johnson once again "urgently" asked for prompt congressional approval of a temporary 10% surtax. The measure would take $10 billion out of circulation in the next fiscal year, easing pressure on interest rates and prices. At that, 1968 would hardly be austere. According to Johnson's projection, the G.N.P. would still rise more than 7%, to about $846 billion. Of the total, about 4% would reflect genuine gains, with the remaining 3% attributable to inflation. Without the tax bill's restraining influence, the Administration believes, these estimates would be thrown...
...clumsy Broadway adaptation by Mrs. Jay Allen of a Muriel Spark novel, the drama focuses on the havoc created by an invincibly dedicated teacher who stimulates the imaginations of adolescent girls with her own feverish fantasies of love and life. "I put old heads on young shoulders," Miss
Ignoring the Realities. So much of the feverish activity involves outright speculation that the American Exchange last week issued its sternest warning in years. Amex ordered 650 member firms to "discourage excessive speculation-particularly in volatile or low-priced stocks." It gave brokers until month's end to report what steps they have taken to tighten sales procedures and warn customers of the dangers. Added Amex President Ralph Saul: "As new generations are attracted to the marketplace, there is a tendency to ignore the realities of investing. Speculating soundly requires getting the facts, avoiding tips and rumors, recognizing...
With gold speculation still feverish in the wake of the pound's devaluation, a high-ranking U.S. monetary official flew into Switzerland last week in defense of the dollar. After consultation in Basel with representatives of the international gold pool, Under Secretary of the Treasury for Monetary Affairs Frederick L. Deming emerged with the tantalizingly vague news that "we have agreed on an even closer coordination of our efforts...
...Beethovan Mass in C, Op. 86, Joel Lazar's Cantabrigia Orchestra joined the chorus to give a performance which had moments of both inordinate inspiration and egregious sloppiness. Coordination between the two forces was haphazard, this due to Schmidt's sacrificing clarity of beat in favor of a continuous, feverish intensity of motion. He huffed and he puffed, he grimaced with grief, he smiled with beatific joy. Sometimes he succeeded (usually in fortissimo passages), but most often he was unable to convey any unified conception of this difficult and eccentric master-piece. Of the four vocal solists, Barbara Wallace...