Word: means
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Dates: during 1940-1949
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Ernest Bevin spoke the hope of millions of people who, having feared last year that the Berlin crisis might mean imminent war, now believed that the end of the Berlin blockade was at least the beginning of peace. In many quarters, the notion grew that the Russians were undertaking a strategic withdrawal from Europe. This attitude was balanced by a note of uneasy caution. Many observers found that by & large in their press and radio the Communists were being their usual difficult selves. Said U.S. Ambassador to France Jefferson Caffery: "The flowers of peace cannot be expected to bloom...
...scholastic talent as exemplified by the last two holders of the chair: Poet Robert S. Hillyer and Poet Theodore Spencer, who died in January. He will receive upward of $10,000 a year, plus the legendary right to pasture a cow in Harvard Yard. To MacLeish, the job will mean one more turn to a career that has already covered a catalogue of callings, ranging from gentleman-farmer and journalist (FORTUNE, 1930-38) to Librarian of Congress (1939-44), Assistant Secretary of State (1944-45) and deputy chairman of the U.S. delegation to UNESCO's first general conference...
...fact that he does not cultivate favorites does not mean that he refuses to be friendly with the orchestra. Philharmonic members often went up to his room to chat with him, on any subject from the most abstruse musicology to plain gossip about available jobs for conductors--gossip of which, incidentally, Munch strongly disapproved...
...Berlin blockade ended yesterday. In another week and a half, the foreign ministers of the United States, France, Great Britain, and Russia, will meet in Paris "to consider questions relating to Germany." These two occasions could mean nothing, as far as the cold war is concerned, if there is no real meeting of East and West, if there is more wrangling and suspicion. Under those circumstances, the conference will break up, as have so many other conferences before it, and the battle for Germany will continue--only more bitterly than before...
Landing Net. Whatever else Young's purchase of I.D.S. might mean, it did illustrate how his Alleghany Corp. has been expanding into other fields and greener pastures. Since early 1948, Alleghany had sold more than $17 million of its railroad holdings, because Young was bearish on their earnings' future. Among the sales: Alleghany's entire common-stock interest in Seaboard Air Line Railroad and most of its holdings in Central of Georgia and Florida East Coast Railway Co. (all roads where Young could not get control). Alleghany also plans to sell its holdings of 225,000 shares...