Word: paule
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Dates: during 1950-1959
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...Navy's anchor," some of the wits had dubbed the bird, and someone suggested that all Vanguard needed was a rubber band to spring it skyward. Said Scientist J. (for James) Paul Walsh, 40, pugnacious Vanguard deputy director who bossed the Cape project: "It made me goddam mad. If they call you a lummox long enough, you've got to be careful or you'll start believing...
...countdown crewmen ticked off the checklist. At the intersection of Navaho Road and Vanguard Road, 1.800 ft. away, Walsh took his position in a faded blue Air Force communications van. With him was President Eisenhower's Naval Aide E. P. (Pete) Aurand and a handful of Vanguard men. Paul Walsh had a phone line hooked to the Washington office of his immediate superior, Dr. John P. Hagen, director of Project Vanguard. The same line was connected to telephones manned in the White House by Press Secretary James Hagerty and Presidential Aide Andy Goodpaster, ready to pass the word...
Lament. Amid some of their own praise for themselves ("A true disk jockey is a pretty humble man, even though it might not show through"), the spin-and-spielers set up a lament about such bosses as Host Storz, a onetime disk jockey whose four-station chain (Minneapolis-St. Paul, Kansas City, Mo., New Orleans, Miami) makes big profits out of relentless plugging of the "Top 40" pop tunes. They protested that this formula is turning the disk jockey into an automaton, stripping him of the "personality" that is his stock in trade...
Said Board Chairman Paul L. Davies of San Francisco's $300 million-a-year Food Machinery & Chemical Corp., who expects a rise in volume but a dip in profits in 1958: "My feeling is that recession within bounds is healthy. We have been in a boom economy since 1946. The pause will make us more efficient and competitive after setting new records for capital expansion. We need a breather for the economy to catch up with us. It will be healthy if it runs a year...
...biggest argument over proposed tax cuts is whether they should be temporary or permanent. Illinois' Democratic Senator Paul Douglas favors a temporary cut for six months or a year, with the termination date written into law. The argument for a temporary cut is that, though reinstatement of any cut might be necessary to fight inflation, no politicos would boost taxes with a presidential election coming up unless it were agreed on in advance. On the other hand, many economists and businessmen favor a tax reduction without any cutoff date, believe that a cut advertised as temporary beforehand might defeat...