Word: hysteria
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Dates: during 1950-1959
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Wall Street last week made some history and some hysteria. On the opening day of trading on the New York Stock Exchange, industrials continued their rise to record highs, and utilities touched their highest since Sept. 23, 1930; three times the tape fell behind. Next day the market turned right around and headed down, falling 4.23 points on the Dow-Jones industrial average. Not since President Eisenhower's heart attack in September 1955 had the market seen such heavy trading. As 5,110,000 shares changed hands, the tape fell behind seven times, once as much as 15 minutes...
...Exit begins at a scream pitch, just under the thin skin of hysteria, and sustains that pitch for an hour and a half. Whatever your views on decibel drama, the Harvard Summer Theatre Group's production is excellent...
...Jordan People's Radio" (clandestine): "Since the murder of Feisal and Abdul Illah, Hussein has become a victim of continuous dreams or horrifying delusions. There are stories of Hussein having fits of hysteria. He beats his side whenever he has these fits. Listen, Hussein, our people are happy, and not sad about the murder of Feisal, Abdul Illah and Nuri asSaid. No black flags will be flown when you meet the same fate...
...Yorkers expected religious hysteria, they had to wait for baseball to come back. Without a hitch, in orderly procession, the Witnesses arrived aboard two chartered ships and 65 chartered planes, scores of special trains and buses, more than 20,000 cars-and all quickly learned which subways ran to the ballparks. There some 40 doctors and 125 nurses tended occasional dizzy spells or upset children; some 6,000 volunteers served as many as 70,000 meals an hour, and a tireless volunteer cleanup squad of 2,500 polished the parks to perfection at the end of each day. At night...
Certainly it would seem over simple to maintain, as Commerce Secretary Weeks did, that the Sputniks produced a wave of hysteria hoarding. A more sophisticated analysis is obviously necessary. Such a redefinition may well show that America, rich in private goods, is characterized by relative poverty in public goods. Public spending is now so heavily directed towards defense industries that funds for other government services are curtailed. But defense spending is neither an appropriate anti-recession measure nor, hopefully, a permanent cushion for an over-produced economy. To raise the weapons budget in times of depression will constitute an excuse...