Word: nationalizing
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Dates: during 1950-1959
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...received the first Harvard honorary LL.D. in 1773. When given at the College, especially in the last century, the LL.D. covered far more than civil and canon law, as shown by John Greenleaf Whittier's recipience of this degree. The citations on the LL.D. degrees referred to "laws of nation," "divine laws," "laws of art," or other such euphemisms during this century to square the degree with the achievement of the recipient...
...investors continued to pour their money into M.I.T., the trust moved into first place among the nation's mutual funds in 1936, with assets of $130 million (v. $15.1 million in 1930). Despite its bullish position, M.I.T. sailed through the sharp market break of 1937 with hardly a change in its portfolio; it simply put new cash into Treasury notes as a defensive measure. In that year, Dwight Robinson was rewarded for his work by being moved up to trustee. In 1954, when Merrill Griswold moved up to honorary chairman of the advisory board, Robinson slipped into his chair...
...monthly trustees' meeting last week, 350 officers, employees and guests of Manhattan's Union Dime Savings Bank gathered at the Hotel Pierre to celebrate a gala occasion. Union Dime was 100 years old, and over the years it had gone from piggy-bank size to the nation's 15th biggest mutual savings bank with deposits of $485 million. In a way too the party was in honor of a man. At 66, Union Dime's President John Wilbur Lewis had spent 48 years at the bank, helping it grow and growing with it until the onetime...
Only in one dispatch--reporting the evacuation of Halfway to Heaven, a small village on North Tachen Island--does Joseph Alsop's prose ring true. Elsewhere, even in such perfectly reasonable injunctions as "Great national problems which are not honestly presented to the nation-will either be badly solved; or they will simply be left unsolved until they grow rancid by over-keeping and make a public stink," the Alsopian manner renders Alsopian reason repulsive. The columnists' work is clearly that of dedicated and respectable, if unattractive vision of the truth. But the tone of the pursuers, the positive arrogance...
...would deny that the Alsops are fine reporters, in that they are thorough and determined. Nor can one fail to be impressed by their great faith in the ability of democratic processes to solve problems which are fully presented to the nation. But it is equally impossible to avoid a feeling of dislike, verging on distrust, for what they say and the way they say it. Of course, such was Cassandra's fate, as the Alsops are probably only too ready to tell you. But it is not just their message which makes them unpleasant to read; it is their...