Word: madison
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...James Madison Nabrit Jr., 64, Negro president of Washington, D.C.'s Howard University, to succeed Yost as delegate to the Security Council...
...Fighting Bob" La Follette and brother of longtime (1925-46) Senator "Young Bob," who served three terms as Governor of the state (1931-33 and 1935-39) but failed as head of a short-lived Progressive party revival and retired to private law practice; of pneumonia; in Madison...
...books you take with you." One of his own favorite unopened authors is Toynbee. Rule No. 2 is that you don't have to finish anything. Indeed, half the charm of vacation bookmanship is in returning to the same unconquered magnum opus as if to Everest. A Madison Avenue executive back from Martha's Vineyard this month confessed that he had attacked Dante's Divine Comedy for the fifth straight year, only to bog down once again in the first canto. "But," he added bravely, "I'm getting sort of fond of Inferno." His secret hope...
Died. James Madison Kemper, 70, retired board chairman of the Commerce Trust Co., Kansas City's largest bank, and the most aggressive member of the banking Kemper family who, with holdings estimated at $100 million, have dominated the financial life of Missouri and Kansas for more than 40 years (one brother controls the City National Bank & Trust of Kansas City, the other the huge Kemper Investment Co. and a host of smaller banks), himself a bank president at 31, responsible for much of Kansas City's road building, slum clearance and downtown business renewal; by his own hand...
...whole atmosphere of U.S. life invites more and more borrowing. Bankers cannot seem to shovel their cash out fast enough, are less interested in what a person or company can put up in the way of hard collateral than in what they have to offer in future earning power. Madison Avenue dances 1,500 advertisements a day before the average U.S. consumer, further tempting him to borrow and buy. The Government encourages borrowing not only by keeping interest rates low but also by making almost all interest payments taxdeductible. Says Donald A. Webster, the Minority (Republican) Economist for the Congressional...