Word: jonesism
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Dates: during 1970-1979
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On foreign money exchanges, the price of the dollar early in the week fell to postwar lows against some other currencies, including the German mark, Swiss franc and Japanese yen. Just since the start of the year, the dollar has lost a stunning 15% of its value or even more...
Wall Street is in a similar ban-the-boom mood. Corporate profits are expected to rise 23% this year above those in 1972. That anticipation would normally set brokerage houses afire with buy orders, but stock prices have sagged even more than the Dow Jones industrial average of 30 blue...
Wilcox, in contrast to his predecessor Jones, handled the graduate aid question without a major blowup. It had been widely speculated that Wilcox, the head of General Education, would be tapped for the permanent job.
BUT ONE BUREAUCRAT looks like another, and its the men who hold the political pursestrings that receive the most attention. The first year Bok set up his Administration; the second year he began to select his own people to run it. Exit R. Victor Jones, the dean of the GSAS...
Jones's departure was no surprise--the bushy eye-browed dean had no particular desire to continue after his Spring 1972 running battle with graduate students over financial aid. His replacement, Edward T. Wilcox, then head of General Education, was named acting director; it is no secret that the popular...