Word: pastes
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Dates: during 1950-1959
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Conant himself convulsed the audience with humorous tales of the history of science at the University and the Harvard chemical tradition which "almost antedates chemistry as a science." Speaking as a "voice from the past," he compared the drive to build additional laboratory facilities after the First World War with the current expansion. Pusey also drew an historical analogy with 1928, when Mallinckrodt opened, and praised the "close cooperation" of the government and the University which made the new building possible...
Underlying the SEC's new problems is the fantastic growth of the U.S. stock market. From a value of $34 billion when the SEC began, stocks listed on the New York Stock Exchange are now worth nearly $350 billion. In the past seven years alone, the number of shareholders has doubled from 6,000,000 to 12,500,000. New corporate issues, which amounted to only about $400 million in the 1930s, now total more than $16 billion annually...
Wall Street's bull market has also brought other troubles-among them the revival of the oldtime boiler shop.* Most boiler shops are hit-and-run operations that fold up before the SEC can swing into action. But in the past year the commission, largely through its New York regional office under Paul Windels Jr., has cracked down hard. In fiscal 1959, the SEC's total number of injunctions against brokers and security dealers doubled over the previous year to in, and its number of criminal actions tripled to 45. "We'd do more," says SEC Chairman...
...real wages is a relief. While Germany has boomed, the unions have been slow to demand higher wages. Now that German industry is being forced to share more of its prosperity with its workers, part of the trade advantage that has raised Germany's gold and dollar reserves past $5 billion will be lost...
Climate of Horror. Unmarried at 32, Eleanor Vance has spent the past eleven years of her life caring for a sick mother whom she hated. Now Mama has died, Eleanor is living with a dull married sister, and her experience of life is a dreary vacuum. It is almost like liberation when Dr. Montague takes her on as one of three assistants to check psychic phenomena at a haunted house in a grubby small town. Author Jackson, a self-confessed dabbler in magic, sets her scene with professional care. The big old house is a crazily built warren...