Word: idea
(lookup in dictionary)
(lookup stats)
Dates: during 1950-1959
Sort By: most recent first
(reverse)
...Houses met a mixed reaction--far from the nearly unanimous approval they enjoy today. The CRIMSON wondered editorially whether the new social system might not infringe on student individuality, and the undergraduates themselves were not uniformly anxious to commit their College life to the House idea. As the months rolled on, however, one House after another was completed, and the Class of '34 became the first (in history) to spend all three of its upperclass years as members of a House system that quickly gained student respect...
M.I.T.'s good judgment laid the base for the public's extraordinary confidence in the entire industry. When M.I.T. was founded in 1924, it startled the financial world with a brand new idea. Until then, the investment field had been dominated by "closed-end" investment companies; they sold a specific number of their own shares that were traded in the open market, concentrated on quick profits. M.I.T. shunned the lure of the fast profit, concentrated on long-term gains. More important, it threw out the closed-end idea by continually selling shares to anyone who wanted...
...Shares. Easygoing, brilliant Merrill Griswold and sober, diligent Dwight Robinson made a crack team. With his flair for drama, Griswold pulled Massachusetts Investors Trust through a major test in 1932. Despite the fund's respectable performance in the crash, the idea persisted that it could not handle a run on its shares. When a Boston bank was forced to cash in 40,000 M.I.T. shares held as collateral, it called up Griswold, advised him that it would deliver the blow gently by selling over a period of several weeks. Snapped Griswold: "Send them in this afternoon." M.I.T. redeemed...
Died. Carl Holderman, 65, longtime (1918-54) New Jersey union organizer, once described as "the movie idea of a genial Texas oilman"; of a heart attack; in Newark. Holderman was an early C.I.O. organizer, later headed the New Jersey C.I.O., was appointed state commissioner of labor and industry in 1954 by Governor Robert B. Meyner, cleaned house at the scandal-ridden labor department...
...Touch of the Poet. The late Eugene O'Neill casting a theatrical illusion of life around the idea that life is illusion...