Word: lowe
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Dates: during 1940-1949
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...Communists say: In war time, civil peace is necessary; otherwise whole classes will be pushed into the enemy camp. The first goal now is the defeat of Japan. Next, China's feudalism must be uprooted. For the present China's Communists believe that China is too low in the scale of economic evolution for socialism. They encourage capitalist enterprise as a comparatively progressive stage...
Says Pastor Low, who hopes other churches will try his experiment: "The Negro is not a problem to be solved but a human being to be understood...
...last week the Rev. A. Ritchie Low, of Johnson, Vermont's United Church, had completed his novel experiment, having 81 Negro children from Manhattan to spend a fortnight's holiday in homes of white Vermont families (TIME, July 24). He had also received over 100 letters about it from interested strangers. One correspondent in nine disapproved, but the Vermonters and their visitors agreed that the experiment was a huge success...
Stockbrokers were sternly warned last week against rumormongering. The warning came from Emil Schram, NewYork Stock Exchange's president, who fears that a speculative boom in low-priced securities might: 1) collapse and rob a lot of small investors of their savings; 2) bring demands for even more stringent Government control of the Exchange...
President Schram's warning closed the barn door a little late: rumors had already touched off a buying spree in low-priced auto shares. Through the grapevine from Detroit poured an endless cackle of tips and gossip as the auto industry jockeyed for postwar position. Biggest whoppers from the gossip mill last week concerned the future of the four Fisher brothers (TIME, Aug. 14). The dope had it that the Fishers were going to: 1) buy aging Henry Ford's titanic empire; or 2) buy control of three or four smaller companies and merge these into one automaker...