Word: pauperizing
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...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...
...first, Susskind did well with original shows-The Rainmaker, Other People's Houses-but soon he found that there was less and less room to gamble. Sponsors wanted every effort to be a success, so the titles became more familiar-The Winslow Boy, The Prince and the Pauper, Pinocchio. Off TV, he sometimes tried the unusual: his movie, Edge of the City, was an artistic success, and his current Broadway hit, Rashomon, though based on a successful Japanese movie, is an occasionally baffling exercise in fantasy. But on TV, clients are cautious, and "you have an inevitable compromise between...
...half-dollars he saved grew steadily, and for good reason. Fraiman lived like a pauper. His home was surrounded by his junkyard near Hatboro, Pa., 15 miles north of Philadelphia. He used an outhouse, burned wood in his stove, ate out of cans. He paid a marriage broker only $15 of the promised $50 fee for finding him a wife, on the theory that it might not work out. It didn't, not after she was extravagant enough on one occasion to squander $1 for a taxi ride home...