Word: gloom
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Exaggerated prophecies of gloom had surrounded Dean Acheson's departure for the London and Lisbon parleys. Last week, reporting on his trip over a radio-TV hookup, Acheson countered with an exaggerated picture of sunlight and good cheer. Said he: "The past two weeks have been a time of historic decision . . . They have brought us to the dawn of a new day in Europe." Acheson based his claim on "five major accomplishments" of the London and Lisbon meetings...
...Vials of Gloom? Some of his acquaintances could not believe that his idiosyncrasies were genuine: "I always felt Chesterton was an actor," one of them told Maisie Ward. "He played a part and dressed a part." And when O.K. became a Catholic, even G.B.S. was shaken into protesting: "This is going too far." On the other hand, his more extravagant admirers regarded him as a pure & simple saint-a man "taught by the Holy Ghost...
From Down to Up. With these decisions made beforehand in London, and endorsed in Lisbon by the NATO council, the gloom lifted almost too easily. In Lisbon's sunlight it was hard to face the big, sobering fact: that NATO's decisions are only decisions on paper...
Treading Water. Despite the slowdown, there was no general sense of gloom. But with retail sales lagging 6% below the scare-buying period of 1951, there was a feeling of caution, except where big bargains were offered (see below). The trouble was, said the Commerce Department, that people were unaccountably saving money at a record peacetime rate of $20 billion a year, instead of spending it. Said a Chicago businessman:"People are scared to move out and do things. There is too much insecurity over Korea and the election in people's minds. Everybody is buttoning...
...Gloom settled thicker in the Loop. NBC axed 15 minutes off another "Chicago" TV show, the intelligent fantasy...