Word: longs
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Dates: during 1950-1959
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...huge group shows, designed to satisfy tourists and help artists, that have become customary across the land. In size, the shows had often been barbaric. Visitors strolled through the exhibitions as if in a forest, ignoring the fact that any painting or sculpture worth seeing at all requires long contemplation...
Jaundiced Eye. It took Detroit and the U.S. a long time to recognize Yamasaki, as it took Yamasaki a long time to find himself. Born in Seattle, he shared the indignities common to Japanese Americans. But he had a burning desire, inspired by an architect uncle, to become an architect. After getting his degree in architecture from the University of Washington, he went East to New York, struggled through a long apprenticeship working as a draftsman, waited out the animosity of the war years, in 1945 landed a job with a firm in Detroit, where he stayed. Steady progress...
Yamasaki took advantage of a long convalescence to go to Japan. He was captivated by what he saw in its architecture: the interplay of light and shadow, the union of building and garden. He came back to cast a jaundiced eye on the serried ranks of glass boxes rising along the main streets of Manhattan and other major cities. "Our life gives promise of being spent in look-alike houses, look-alike automobiles and look-alike buildings," he warned his fellow architects...
...competition for available funds has been intensified by the crisis in Treasury borrowing. Since the Treasury, restricted by the 4¼% interest-rate ceiling on long-term bonds, can no longer sell such securities, it has had to compete against consumers and small business for available funds in the short-term market. Last week the Treasury's borrowing costs for short-term money rose to 3.979%, up from the 3.889% paid four days earlier, and the highest since the 4.25% paid during the bank holiday...
...help the Government out of its troubles. Congress last week took a tiny step. While it has turned down the President's plea for authority to raise the 4¼% ceiling on long-term bonds, the House approved a bill to permit the President to raise interest rates on E and H savings bonds to 3¼ from the current 3.26%. Cash-ins of E and H bonds during the first eight months exceeded sales by $759 million. The House move, which is expected to win Senate approval, was immediately labeled "inadequate" by Treasury Secretary Robert Anderson. He emphasized...