Word: pauperize
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Dates: during 1950-1959
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...subjects as the boredom of suburban marriages. He is perhaps at his best writing about bars, which he does with all the poignancy of Dickens describing Christmas dinner at the Cratch-its'. But when Price's comeuppance arrives-wine, women and the SEC have made him a pauper-the reader finds it hard to believe that the man is truly shattered. This may be because an ex-wife gallantly bails him out with a $1,000,000 gift. At book's end, Craig broods, in italics: "How very rich he'd be if he owned anything...
...small parts on such dramatic shows as the U.S. Steel Hour. (On the Armstrong show about the liner Andrea Doria, Patty was the child tossed overboard by her mother.) Soon Patty had worked up to a leading part and rave notices for her performance in The Prince and the Pauper...
...been under whiplash criticism. When educators urged a broader curriculum than "the Bible and figgers," opponents cried that "every county in the state will need an insane hospital." When education began to reach sizable proportions in the 1880s. alarmists predicted the downfall of parental authority by "a crime-and-pauper-breeding system." In just one of his dozens of leaflets, Maryland's polemical Pamphleteer Francis B. Livesey blamed public schools for "the Negro problem, the servant problem, the labor problem, the tramp problem, the unemployment problem, the divorce problem, the eyesight problem, the juvenile problem, the bribery problem...
...Change. The best hope for the U.S. steel industry in holding its own against foreign competition is the dramatic change that has taken place in the industry since World War II. Steelmen have spent $12 billion for new plant and equipment, poured millions into research. Once a prince-and-pauper industry that lost money at a downturn in the economy, the steel industry has become so efficient that it was able to report healthy profits during the recession (1958: $877 million), while operating at only 60.6% of capacity. So much has the industry changed its complexion that steel stocks, once...
M.I.T. bought heavily into steel after the war, when most other funds shunned it as a prince-and-pauper industry, saw its hopes for steel realized when the value of its investment grew from $65 million to $142 million. When the recession began in 1957, M.I.T. reckoned that it would be brief. It stayed in growth stocks throughout, now needs little portfolio shifting for the economic recovery...