Word: money
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Dates: during 1940-1949
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...continue its present passive attitude toward Asiatic communism. This is a well-worn track and needs no further exploration. It means a little money here, and a diplomatic note of protest there. It is easy, cheap -and useless. Judging by past experience, this policy would end with Communist domination of Asia...
Heavy Load. Investors liked the idea; they could get their money out at any time at the current value of their shares. Securities salesmen liked it even more; the handsome 7½% commission gave them three to four times the profit they could make by handling individual securities. Other brokers were quick to catch on, and soon M.I.T. had some imitators...
M.I.T. is still the biggest of the open-end trusts. In Boston, where the managing of other people's money has always been the highest calling (short of the pulpit or the presidency of Harvard), M.I.T. does not suffer from the fact that a Cabot, a Lowell and an Adams are on its advisory board-and that Merrill Griswold, its Harvard Law School-trained chairman, was once married to a Lowell...
Nunn Ballew, a poor farmer from the hills of Kentucky, worked in the coal mines until he had saved enough money to buy 200 run-down acres of what had once been the fine land of his ancestors. But before he could begin building the place up, he felt bound to scrap his ambition. King Devil, a big red fox which haunted the countryside, had run his favorite hound to death. For years Nunn devoted himself to hunting King Devil while his children grew more bitter, his wife Milly more resigned. When impoverished Nunn Ballew sold some of his livestock...
...Criminal Mind. In Pontiac, Mich., Mrs. Opal E. Caughell told police, that when the burglar who entered her house was assured that she had no money, he settled for a ham sandwich. In Kansas City, Mo., police were looking for a youth who kidnaped 59-year-old Mrs. Sadie Crosner, took her money and car, then kissed her gently on the cheek with the observation that she reminded him of his mother. In Redding, Calif., Dick Farnsworth found a note on the door of his rifled store: "Get a new lock; this one is too easy...