Word: interestingly
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Dates: during 1950-1959
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...last week's decision the Supreme Court, after running a private screening of the picture, relied on Justice Brennan's opinion for a standard of obscenity: "Sex and obscenity are not synonymous. [Obscenity] deals with sex in a manner appealing to prurient interest." The court thus seemed to reach its conclusion on the evidence of the film's content alone, not on the fundamental question of prior restraint, i.e., the constitutionality of community and state censorship laws. It has yet to make its views known on that score...
Mexico's Finance Minister Antonio Carrillo Flores pointed out that "it is to the U.S.'s interest to maintain the present high level of exports to Mexico. But how can Mexico keep up its imports if the U.S. cuts our ability to pay for them, if we get less for our zinc and lead?" Concluded ex-Diplomat Henry Holland, who was the State Department's Inter-American Affairs chief until last year: "InterAmerican trade is in greater danger than at any time in years...
...Along Without You Very Well, he managed more persuasive casting: Hoagy Carmichael and Walter Winchell playing themselves. The story was a treacly tale about a search for an anonymous lyricist, but Hoagy's sangfroid and Pommery piano made a nice counterpoint to Walter's Winchellisms ("Human interest always has a heart"), some of which were not even in the script. As an ABC publicist explained it: Columnist Winchell at 60 "has no trouble learning his lines, but he prefers to study their meanings and rephrase them...
Clean Sweep. The market rally in stocks was nothing to what happened to bonds. With ever-increasing interest rates, the market has been slow, since buyers have held off and waited for even better buys. But with the discount rate cut, orders poured in to Wall Street from all over the U.S.. particularly from institutional investors, and the bond market had its biggest rally since World War II. Many bond dealers were completely cleaned out. Most notable was a slow-selling $250 million offering of American Telephone & Telegraph Co. When the Fed's news broke, less than half...
...part of the $1.8 billion it had borrowed from the Treasury. Agriculture's Commodity Credit Corp., which has some $350 million in public loans, could also go into the open market, as it did in 1953 and 1954, float $1 billion or more in loans through "certificates of interest" on the surplus crops it holds. As a last resort, the Treasury can also draw down its $3.4 billion cash balance, i.e., uncommitted money in the till, to pay bills. Yet even with such devices, says Assistant Secretary Heffelfinger, "the debt may be right at the roof before...