Word: metzner
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Dates: during 1950-1959
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...annual clip of $35.4 billion in the fourth quarter (against a 1957 peak rate of $38 billion and a 1958 slump low of $30 billion); many crystal-bailers see a pace close to $40 billion in 1960. "Here's what will happen next," says Vice President Russell H. Metzner of Cleveland's Central National Bank. "The cost of living will rise. Hard goods will be immediately affected because a bigger share of consumer spending will go to the cost-of-living items [mostly soft goods]. And then we will have a drastic reduction in inventories and capital expenditures...
...work in their early 30s. There's so much to learn that you have to do it early or you won't arrive at the frontiers of research in time. You can't specialize narrowly any more; biology flows into biochemistry and on into mathematics." Jerome Metzner, chairman of the school's biology department, agrees: "When you get a bright youngster and focus his interest early, the kid soars like a comet. He gets a five-to ten-year start in professional life...