Word: papering
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Dates: during 1960-1969
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Icing & Crash Pad. These two hits-as well as more recent successes such as Paper Cup and Wichita Lineman-reveal Webb's gift for strong, varied rhythms, inventive structures, and rich, sometimes surprising harmonies. Threaded through them all are simple melodies that occasionally evoke country music or other sounds of his Southwest background (Wichita Lineman features the wow-wow-wow sound of the prairie wind whipping through electrical wires). "A pop song should have a lyric that's basically a poem," Webb says. "If people get the feeling, then the lyric is successful-whether they know what...
...enemy territory-and of Mary McCarthy herself. She likes her little comforts. "To my stupefaction," she writes, "there was hot water, plenty of it. . . At the Continental in Saigon, there was only cold water." Amid "other luxuries I found at the Thong Nhat Hotel were sheets of toilet paper laid out on a box in a fan-pattern." Since she was served "little cups of tea" almost everywhere she went, she wondered why she got tea at the War Crimes Museum but beer at the War Crimes Commission. "Perhaps I should have asked, but the Vietnamese are sensitive...
Protective Patents. Few histories of business growth are as dramatic as that of Xerox. Founded in 1906 as the Haloid Co., a maker of photographic papers, the firm prospered quietly until the early '40s, when noisy court battles erupted among its twelve founding partners-including Wilson's father, who eventually won control. When his turn to take over the family fiefdom came in 1946, Joe Wilson, then 36, found it faltering. Searching for profitable new business, he seized on a little-known copying process called "xerography," and in eight years raised some $87.6 million in loans and stock...
...York Stock Exchange last week phased into operation a sophisticated computerized system that it hopes will eventually eliminate much of the physical handling of stock certificates. Once in full swing, the scheme should go a long way toward reducing the glut of paper work now snarling Wall Street...
...accounting for stock." Nonetheless, the upsurge in trading-volume on the Big Board is averaging a hectic 12,479,000 shares a day in 1968-means that the C.C.S. alone will probably not be enough even after it is in full operation. So acute is Wall Street's paper deluge that the Big Board has been forced to impose restrictions, including bans on registration of new securities salesmen, on a number of member brokerage houses. Last week, in a letter to all member firms, the exchange warned that more such restrictions will be necessary unless they beef up their...