Word: gloom
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...Gloom From Penn...
...little small talk in social conversation. He has an intemperate streak that pushes him beyond sensible limits in poker playing, makes him work 40 hours at a stretch in a projection room or overdo the plowing on his farm. Sometimes in company he drifts off into trancelike gloom. Though he can be an amiable companion to the bottom of the bottle, he has a reserve that keeps his closest friends at arm's length. "I've never had any intimate friends," he once confided. "If I were in serious trouble, I would have trouble knowing where to turn...
...utter gloom that followed the vote, the Knowland forces freely predicted that there would be no civil rights legislation this session. Reason: the House, which passed a tough bill 286 to 126, would never agree to the watered-down Senate version. And even if it did, Dwight Eisenhower would be virtually forced to veto it because the four-page, 650-word jury-trial amendment was so loosely drawn that it would devastate the whole legal mechanism for dealing with cases under such laws as antitrust, atomic energy and securities exchange by the accepted injunction and contempt-of-court procedures...
Shibboleths & Shenanigans. A more serious flaw in business reporting is the deep-rooted aversion of most business editors to controversy, gloom or criticism-in tacit cahoots with the managerial mentality that believes that the private lives of corporations should be immune from the irreverent scrutiny to which the press routinely subjects politics, government and the boudoir antics of showfolk. "Business too often takes the attitude that the press must cooperate or be guilty of an antibusiness attitude," says the Chicago Sun-Times's deep-digging Financial Editor Austin Wehrwein, who frequently writes columns on the mythical Pfutzer Foundry & Finished...
...company purchasing agents, whose job is to gauge whether prices will go up or down. Last week at their annual meeting in Atlantic City, the purchasing agents arrived at a verdict of "cautious optimism" about business. Though few saw a sharp rise ahead, even fewer saw any reason for gloom. The majority agreed with Economist Martin R. Gainsbrugh of the National Industrial Conference Board, who saw signs of a modest business upturn in the second half of 1957. Said Gainsbrugh: "Total business activity is considerably stronger than would appear from a quick glance at the figures...