Word: fourth
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Dates: during 1950-1959
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...chief of state, De Gaulle will be the direct successor to two Presidents of the Fourth Republic, two Emperors named Napoleon, 14 Presidents of the Third Republic (none now living), Vichy's Marshal Petain, and a string of kings ranging in power from the glorious days of Louis XIV, the Roi Soleil, to the hunted 10th century time of Hugh Capet, the founder of the Capetian line, who scarcely dared stir out of Paris for fear of being trounced by the powerful Count of Flanders and the proud Duke of Normandy...
...France's Presidents, few have been more popular than the last President of the Fourth Republic, outgoing René Coty, who began moving his things out of the palace after his wife died in 1955, will need only a small truck to take away the rest of his books. Then Charles de Gaulle will begin his seven-year rule...
Born. To Edmund Sixtus Muskie, 44, Governor of Maine and U.S. Senator-elect, first popularly elected Democratic Senator in Maine history, and Jane Gray Muskie, 31: their fourth child, third daughter; in Waterville...
...does the middle-income white-collar worker who hopes to send his son through college, the matron who saves to give her daughter a bang-up wedding. In Atlanta Mrs. Sara Pfeiffer, a trim, energetic grandmother and freelance writer, has organized three investment clubs, is busy with a fourth. Says a Cleveland commercial artist: "This year I became a capitalist. I went into the market for the first time...
...Shortage. Inevitably, the rush to buy-and the reluctance to sell-created a shortage of stocks in 1958. Though the number of shares on the exchange has increased 400% (to 5 billion) since 1929, the number of long-term investors has probably grown 20 times. The year saw the fourth highest turnover in history; yet turnover as a percentage of shares outstanding was lower than in 49 out of the past 58 years. To make matters tighter, the number of new shares coming on the market had been small. The tax advantages of debt financing are so attractive that Only...