Word: ibm
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Dates: during 1950-1959
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That family income or interest in another type of school keeps certain highly intelligent boys from swelling the number of applicants, is a fact likely to produce mixed emotions in the heart of an admissions director. It makes his job easier, that is certain, and keeps the IBM wolf from the door. At the same time, it raises doubts about equality of opportunity in the nation and of the Ivy League college's role as a melting pot of income and geographical groups...
...College", concentrating its attention on the better prep schools and high schools, "letting Exeter do our geographical distribution for us." Or it could pick fifty reliable secondary schools throughout the country to supply students. Or it could ignore such things as "character" and "initiative" completely, sorting applications in an IBM machine in order to fill predetermined places...
...most searching tests man could devise and machine could execute. Last winter, just after new Space Administrator T. Keith Glennan ordered the space shoot, the Air Force, Navy and Marines selected the nation's no likeliest military test pilots (requirement: at least 1,500 flight hours). Clattering IBM punch-card selectors pared the list to 69 men of optimum size, health, intelligence. Offered a chance to volunteer...
...courage to invest regularly in blue chips all during the Depression and since could hardly have escaped making a fortune. Last week, to thousands of curious investors, Merrill Lynch, Pierce, Fenner & Smith proved this in a booth in Manhattan's Grand Central Station. There a whirring IBM Cardatype accounting machine figured what would have happened had an investor put an average $500 a year into a stock every year since 1929-about $15,500 in all. Had he bought Alcoa, his shares would be worth $115,850, and he would have pocketed $17,158 in cash dividends-a paper...
...house split down the middle so that Russians can walk between the halves. Two features particularly aimed at improving Russian knowledge of the U.S.: seven movie screens simultaneously showing different images on the same subject (e.g., seven views of supermarkets, highway cloverleafs), with a commentary in Russian; an IBM RAMAC brain that will give electronic answers-printed in Russian-to such questions about the U.S. as "How much butter was consumed last year...