Word: pastes
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Dates: during 1950-1959
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...Dean Von Stade tersely reported to the Dean of the Faculty of Arts and Sciences: "As the class increased in size after the war, the Smoker was moved to Sanders and became something far too close to a Bacchanalia for anyone's comfort. Attempts were made, over the past few years, to initiate various measures to make the Smoker a pleasant outlet for mid-winter tensions without running the risk of loss of control of the situation. These attempts failed, and the Smoker has been abolished." The University had apparently failed to establish the desired kind of atmosphere...
...Class of '59 lived through a changing era in Harvard-Radcliffe relations. "The urge to merge" Radcliffe and Harvard organizations reached its high point in the last two years of '59's tenure. The autonomy of Radcliffe organizations was even more a thing of the past with the mergers of the Yearbook, dramatic activities, and political organizations...
...buying can send a stock to giddy heights. Four-fifths of West German corporate stock, for example, are locked in institutional portfolios. Companies are reluctant to float more because of heavy taxes. Daimler-Benz has 93% of its stock in the hands of institutions and other companies; in the past month, buyers of small amounts of floating stock propelled the price from $243 to $363 within ten days...
...posher last resting place. The trouble is that too much of what Author Packard observes is old hat, such as the upper-class preference for old hats over flashy new ones. He over-generalizes. One dubious example: Americans of Anglo-Saxon ancestry like to point to their past by living in Early American, white clapboard houses, while Jews prefer modern architecture, since no one would credit them with an Early American ancestry anyway. And, searching for meanings, he wildly overinterprets. Example: American women do not like to ride motorcycles because, perched on the back seat, they would have to assume...
...times Packard is patently misinformed, as when he asserts that class structures are more flexible in Britain than in the U.S., and he over-sentimentalizes the American past, suggesting that only yesterday Horatio Alger was king. "Status striving" to him seems to be a modern menace, and he writes of it with scant mention of Thorstein ("conspicuous consumption") Veblen or of the massive, fascinating and often exhilarating social climbs described by Balzac, Stendhal, Jane Austen...