Word: inge
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...subsided -partly because police allowed the hydrants to gush until 5 p.m. before closing them. Then a Negro girl doused a cop with a pail of water, and the slum ignited once more. That night and the next, the level of violence increased by almost geometric progression, spread ing west and south to cover an area eight miles square. Negroes stopped automobiles driven by whites and beat the occupants. Small gangs pillaged scores of shops. They hurled fire bombs, rocks and chunks of masonry at the firemen who responded to the alarms. As Molotov cocktails burst in one drugstore window...
...there are perhaps only 20 unlimited-class hydroplane racers in the world. Last week 15% of them were wiped out in a single race. The official - and somewhat chill - reaction, from Lee Schoenith of the American Power boat Association: "I don't think it's go ing to have any great effect. But it sure isn't going to be the same kind of sea son for the participants...
France's Honoré Daumier had a way of drawing out the nobility of commonfolk and the commonness of nobility from beneath wrinkles and warts. Dela croix used his works as models for copy ing. In admiration, Novelist Honoré de Balzac said of him: "That fellow has Michelangelo under his skin." Yet the world's most famous satirist with brush and pen cost his country 12 francs in 1879 to be put into a pauper's grave...
...down from 1,500,000 last year to 1,300,000 this year. Some lenders have lifted minimum down payments from 10% to 25%, increased interest rates from 5¼% to 6½%, and will not do business with people who have moved in from outside the community. Slump ing even faster than the sales of new homes are sales of used homes; many lenders demand an extra ½% mortgage interest to finance them...
Pressures: Easing. Businessmen seek ing credit to buy other companies, spec ulate in real estate or build up inven tories are having a tough time. Few lenders anywhere seem willing to take on new corporate customers, and many now insist that companies keep hefty cash balances on deposit if they want credit. It is getting harder to keep those deposits up. Last week corporations made their quarterly income tax payments, and because of the speedup in collections this year, the bill came to $8.7 billion, nearly 17% more than last year. Partly to pay their taxes, and partly to finance...