Word: floppings
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...While fair participants were salvaging what they could, fair investors were licking their wounds. The day before closing, Robert Moses issued a grim report to stockholders. In spite of 51 million visitors, 6,000,000 more than any other world's fair, the fair had been a fiscal flop: Moses' calculations had been based on 70 million...
Reassurance Needed. Business plans this year to increase its overseas spending for plant and equipment by at least 20% (to $7.4 billion or more), which some take as proof that the Administration's vaguely worded appeal for "voluntary" restraint has been a flop. Reports of White House dissatisfaction with this approach, which had been advocated by Commerce Secretary John Connor, were so widespread that Lyndon Johnson had to reassure Connor of his continued confidence. The Secretary did some reassuring too. "Businessmen definitely are not letting me down," said Connor, who once warned that if he failed businessmen would "find...
Quick Response. The Administration executed a fast flip-flop in its position. It sent a phalanx of officials, including Under Secretary of State Thomas Mann and White House Adviser McGeorge Bundy, to urge Selden to drop the resolution. If it passed, they said, Latin American nations might read it as an excuse for Americans to intervene at the least threat of Communist subversion, and some Latin strongmen might attempt to use it as a convenient justification for moving in on other countries. Selden stood fast, and the resolution breezed through the House...
...foreign ones be served at the White House and at all U.S. embassies, and by the use of Goldfinger posters to point up the balance-of-payments problem. The Government has also tried to get more tourists to see the U.S. first, but that drive has been a flop: tourist travel abroad is up 20% this year...
West Pointer Jim Warner, a flop in the mile indoors, is expected to avenge his loss at Ithaca to Eli Rick Wilmer. Harvard's Jim Smith scored a fine second place in the winter championships but will be hard pressed to repeat that performance tomorrow afternoon...