Word: holding
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Dates: during 1950-1959
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Farm Policy: In Minneapolis, Rockefeller became the first presidential hopeful in either party to take firm hold of the sharp-thorned fact that in the U.S. today too many people are trying to make a living as farmers. To help low-income farm families escape into other livelihoods, and at the same time to ease the problems of surpluses. Rockefeller proposed a long-term "land-use program" similar to what the Committee for Economic Development advocated two years ago (TIME, Dec. 23, 1957). Under this program, the Federal Government would rent entire farms for long periods, take the land...
...outside to exploit the spectacular view. For roof beams he bought 60-year-old redwood timbers of a demolished bridge. A four-car garage was dug partially out of bedrock, leaving a prehistoric Indian mound undisturbed. Says Owings: "No house can do more than snuggle into and grab hold of and hold on to a sheer bit of granite on this coast...
...shelves hold many books now on the place of faith in science and psychiatry, and on the vicissitudes of man's efforts to love and to be loved," Dr. Menninger writes in the American Journal of Psychiatry. "But when it comes to hope, our shelves are bare. The Encyclopaedia Britannica devotes many columns to the topic of love, and many more to faith. But . . . poor little hope*... is not even listed." Often the downgrading of hope was not by accident but by design. Most of the great Greeks held that fate was unchangeable, so hope was an illusion...
...spent 17 years in the Far East and is canon of Christ Church Cathedral in Montreal, the center is an old dream come true. In his book on the Burma Road, Guns Through Arcady (1941), Dr. Slater wrote hopefully of ". . . men who will join hands not because they hold their own faiths lightly, but because they hold them deeply, each loyal to his own tradition but anxious to understand others." The Harvard center will be housed in a two-story building with apartments for eleven married students and visiting scholars, eight single students, one visiting professor, and Dr. Slater...
...over-the-counter trading, closed the week at $43 per share. To Transitron's owners, David and Leo Bakalar. went $34.4 million for part of their interest in the third largest U.S. semiconductor producer (first: Texas Instruments Inc.; second: General Electric Co.). The Bakalar brothers still personally hold 6.4 million shares, almost evenly distributed between them. Their total worth, based on last week's market price: $311 million...