Word: numbered
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Dates: during 1950-1959
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...school training, 2,200,000 of them in college. There they built no Hutchins "hobo jungles" but Quonset villages whence hard-working married vets set new high standards of academic achievement. "They knew how to move," says a Harvard dean, "and they moved." They more than doubled the number who, by prewar standards, would have been trained for the professions: 168,000 doctors and dentists, 105,000 lawyers, 93,000 social scientists and economists, 238,000 teachers, 440,000 engineers, 112,000 scientists...
Leftists also got the ministries of Interior, Agriculture and Economics. But the King saw to it that a number of middle-roaders were included in the Cabinet, and that his own nominee became Defense Minister. The post went to 36-year-old Mohammed Aoud, who is reportedly destined to marry Princess Lalla Aisha (TIME, Nov. 11, 1957), thus keeping the army in the family...
...week Democrats Hays and Coffin, who traveled 7,000 miles talking to Americans and Canadians, produced a more detailed report. Conclusion: while relations have "improved" since spring in the sense that both nations are aware of their differences, that awareness has led to "the discovery of an ever-enlarging number of problems...
...Great Shortage. Inevitably, the rush to buy-and the reluctance to sell-created a shortage of stocks in 1958. Though the number of shares on the exchange has increased 400% (to 5 billion) since 1929, the number of long-term investors has probably grown 20 times. The year saw the fourth highest turnover in history; yet turnover as a percentage of shares outstanding was lower than in 49 out of the past 58 years. To make matters tighter, the number of new shares coming on the market had been small. The tax advantages of debt financing are so attractive that...
...century. From 23 Wall Street the elder J. P. Morgan stopped a run on the U.S. Treasury in 1895 by putting up gold for the Treasury, quelled the panic in 1907 by forcing leading bankers to produce enough cash to shore up shaky New York banks, put together a number of independent companies in 1901 to form the $1.4 billion United States Steel Corp. During World War I J. P. Morgan & Co. was the banker for the British government, raised $3 billion to buy war supplies...