Word: nine
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Dates: during 1950-1959
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Since the U.S. had held the director-generalship for nine years, U.S. delegates to the FAO meeting were at first reluctant to propose an American successor to Dr. Philip Cardon, who resigned last March-in part because of criticism from member governments. But in the absence of any other widely supported candidate, the U.S. proposed Dr. John H. Davis, professor at Harvard's School of Business Ad ministration and for a year an Assistant Secretary of Agriculture under President Eisenhower. Many expected Davis to win easily, but on the first ballot he got only 33 (out of 74) votes...
...cheerfully irreverent in a profession of solemn ulcer cases, a merry man with an Irishman's gregariousness and a leprechaun's smile. He has known the bitterness of defeat, when in 1954 he inherited a team of Big Ten co-champions and lost six out of nine games. He has known the joy of triumph, when his Spartans last year rolled over Big Ten opposition and into the Rose Bowl to defeat U.C.L.A. 17-14. Of his last year's success, Daugherty is deprecatory: "I should give a lot of credit for last year's success...
Furthermore, as companies expand and float new securities, still more money is being drawn away from existing issues. For the first nine months of 1956, almost $6 billion worth of bonds were floated v. $5.2 billion for the same period last year. In addition, new stock issues in the first three weeks of September alone climbed to $169 million v. only $55 million in all of August. Thus, the September market slump was not so much an urge to sell as a reluctance to buy; the trading was the lowest September level in two years. Most of the selling...
...Walker succeeds Richard S. Rheem, who becomes chairman of the board, is first non-family man to be president. Born in Newport, England, Walker was raised in Australia, got an engineering degree at Sydney University. After two jobs as a sales engineer, he joined Rheem in Australia in 1937. Nine years later he was transferred to New York, became executive assistant to the president, later vice president...
When Harry Truman made this remark to a Boston audience nine days ago, he was being more than humble. Indeed, Truman was being painfully frank about a major political question--Can Truman help the Democratic party in the 1956 campaign...