Word: kelso
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EVEN in an age that venerates heresy, the iconoclastic philosophy of Louis Orth Kelso outrages many a professional economist. "A crackpot theory," argues Money Expert Milton Friedman. "Instead of saying that labor is exploited, Kelso says that capital is exploited. It's Marx stood on its head." Replies Kelso: "Damn right-and what's wrong with that...
Died. Lieut. Colonel Frederick Gerard Peake, 83, British officer who founded the Arab Legion in Transjordan; of pneumonia; in Kelso, Scotland Peake got his desert experience under the famed Lawrence of Arabia in World War I, was then given his own command as inspector general of gendarmerie in Transjordan in 1921. The 1,200-man legion he organized ranged 'over 34,000 sq. mi. of mountainous desert policing some 300,000 people and proved to be the most efficient military force in the entire Arab world...
...Dandy Mile. He recently returned to New York's Belmont Park and, with Baeza again in the saddle, swept to a two-length win over No-double in the $106,000 Woodward Stakes. His time: 2 min. 1 sec., a scant second off the track record set by Kelso in 1961. That triumph also brought his 1969 earnings to $486,574, which placed the tough little colt well ahead of Majestic Prince ($408,710) and No-double in the year's money derby. It also made him a virtual shoo-in for Horse of the Year laurels...
Behind them, however, Penn looks a little thin. In the opener against Rutgers, there was nearly a minute gap between Lokken and third man Dan Stevens. Another minute separated Stevens and seniors Bill Caldwell and Bill Kelso...
Black Servant, Brynlimah, Black Prince, Black Gold, Co-Educator, Equipoise, Dark Star, Dark Secret, and-that tourist!-Epinard, Faireno, Kelso, Gallahadion, Jim Dandy, Gallant Fox, Top Flight, Whichone, And one we need not call by name, the get Of Fair Play from Mahubah; and Regret, Noor, Sergeant Byrne, Ponder, and Petrotude, Miss Merriment, My Lovely, Singing Wood (Bay colt, by Royal Minstrel out of Glade), Cochise, Count Fleet, King Saxon, Cavalcade, Three fillies, Sorrow and Song and Rust-remember?-And Scarlet Oak, Right Royal, and Red Ember, Nashua, Swaps, and Sting, and Twenty Grand, Wise Counsellor, Whirlaway, and Yellow Hand...