Word: jonesism
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Dates: during 1970-1979
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It was the kind of buying binge that Wall Street had not seen in more than three years. On the first day of trading last week, investors bought a record 32.1 million shares on the New York Stock Exchange and pushed the battered Dow Jones industrial average up a full...
But most important, Crane left a political, social and economic vacuum so large that no one person could fill it. Ever since the Crane-DeGuiglielmo split the city council has suffered from a political divisiveness that renders it helpless in coping with Cambridge's major problems. The shattered body has...
What do most leaders in Cambridge today think is the answer? Many businessmen are quick to place their hopes with Chamber of Commerce President Jones, whom Dyer calls "a man of missionary zeal." While other community leaders look towards city manager Jim Sullivan. "I think we have a strong and...
But Jones, new to the job, already has encountered massive troubles. His biggest headache, he says, is that he doesn't live in Cambridge but in Belmont, a factor that considerably reduces his legitimacy in some Cantabrigian eyes. But Jones insists, "Just because I sleep 300 yards from Cambridge shouldn...
Former Mayor Edward A. Crane '35: "I'm not talking about a God or a Franklin Roosevelt stepping out of the woodwork either," Chamber of Commerce President Robert A. Jones says. "What we need is another Eddie Crane. He could get the coalition together to get something going at Kendall...