Word: junked
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Dates: during 1950-1959
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Talk about a change takes two forms. One is that the U.S. should junk its present managed-money system (in which gold is used only as a currency reserve and to settle international accounts) and return to the fully convertible gold standard, abandoned in 1933, under which dollars could be exchanged for gold coins. The other-usually joined with the first-is that the U.S. should double or triple the present gold price of $35 an ounce, thus devaluing the dollar and in effect automatically increasing the monetary value of the official gold holdings of the free world...
...faded to grimy familiarity, Epstein found himself an accepted eccentric. Acceptance slowly turned to deep respect, and in 1954 the old volcano became "Sir Jacob." A new generation of sculptors was shocking the public in its turn, with carvings full of holes, welded metal totems, and assemblies from the junk yard. Epstein by contrast came to seem imbued with Semitic melancholy, soft-edged and almost oldfashioned...
Lectures & Whims. Many of the samples that lured Western businessmen also turned out to be junk, and others were not delivered in promised quantities. Orders of iron bars arrived with pockmarks of rust, textile bolts with lengths misstated, rice colored by bluing on the sacks. In Shanghai, 20 out of 31 steam turbines and 64% of electrical relays manufactured during one period were below standard, and one-third of the castings for electric motors were worthless. A whole shipment of electric generators had to be rebuilt at the factory because of "faulty cores." Canned goods, sometimes turned out by several...
This exhibit, however, did contain a lot of junk. For example, the fields of scratches that constituted Robert Partin's "Offing" and "In the Rain" surely did not merit showing. Nor did William Tokeshi's field of dashes; Tokeshi labeled it "No Title," and small wonder. Prizes of $250 went to four works, none of which was outstanding...
...Museum of Modern Art makes a lively commentary on the present state of modern man's concerns and anxieties as well as his changing view of beauty. The broad selection chosen from some 700 entries underlines another fact: whether today's sculpture starts off as junk and ends up as art. or the other way around, there is a lot of it. Says Art Critic James Thrall Soby (who served on the selection committee ): "I think no fair-minded person can look at the present show and not realize that a spark has ignited our younger sculptors, whether...