Word: nationalizing
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Dates: during 1950-1959
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...Yellow Hat. The nation's sole defense over the centuries was the Three Precious Jewels of Tibetan Buddhism: the Buddha, the Doctrine and the Community. Power lay with the contending monks and noblemen. The Red Hat sect, which allows its lamas to marry, was gradually overborne by the celibate Yellow Hat sect. This was made official in 1557 when a Mongol khan gave the seal of rulership to the leading Yellow Hat monk and named him Dalai (Ocean of Wisdom) Lama. The fifth Dalai Lama is famous for building the vast Potala. He also felt the need to honor...
...Army, he worked for Kendler in Chicago. In the U.S.H.A. finals against Bob Brady, 36, a fireballing San Francisco cop, Private Sloan was at the peak of his methodical, calm game ("I'm a controlled kill player"), won going away (21-20, 21-9) to become indisputably the nation's handiest handballer...
...genius was directed. Almost uniquely among architects, he was able to develop his own particular vision in terms of one highly individualistic but consistent idiom of forms. His prodigious explorations of space and form marked and celebrated Frank Lloyd Wright and his own time on earth. But for the nation, they also comprise a heritage testifying to man's concern with his own nobility and his abiding need for beauty...
...earnings for 1959 will reach a new high, barring a steel strike or a similar calamity." So said National Steel's Chairman George M. Humphrey, former Secretary of the Treasury, as he announced last week that National's first-quarter earnings were "three or four times larger than the first quarter of last year," when they were 51? a share. Many a U.S. businessman echoed George Humphrey. The first wave of anxiously awaited first-quarter earnings proved higher than almost anyone had expected. The week's most general prediction for the nation's business: "The best...
Ever since the Federal Power Commission set out eleven years ago to regulate the nation's 3,000-odd independent natural gas producing companies (those not owning their own pipelines), a battle has raged over the question: What is a fair profit for independents? Last week the FPC finally had an answer. In a test case involving the Phillips Petroleum Co. of Bartlesville, Okla., FPC Presiding Examiner Joseph Zwerdling recommended that Phillips be permitted a 9.25% return on its investment. The rate was a compromise between the 18% return asked by Phillips and the 6% return that...