Word: perils
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There was scant hope of dialectical deescalation. The New York Times's James Reston and other columnists helped keep the temperatures high. They accused Secretary of State Dean Rusk of having revived the dreaded specter of the "yellow peril" when he told a news conference two weeks ago that the U.S. was in Viet Nam because "within the next decade or two there will be a billion Chinese on the mainland, armed with nuclear weapons, with no certainty about what their attitude toward the rest of Asia will be." Minnesota's Democratic Senator Eugene McCarthy, a former college...
Outraged by the yellow-peril charge, Rusk went to the unusual length of issuing a formal statement to challenge the accusation. "The Secretary wholly repudiates the effort to put into his mouth or into his mind the notion of the yellow peril," the statement began. His comments on the looming threat of a nuclear-armed China, it added, "have nothing to do with race...
Promise & Peril. It is because artists are convinced that the great civic monuments of the future will not be pallid mitations of Greek, Gothic or Renaissance sculpture that they are now boldy taking their huge, industrially produced works to the public. It is a moment dizzying with promise and fraught with peril. For novelty quickly washes away, and bigness for its own »ake becomes merely ponderous. The reason why so much critical attention and acclaim is focused on Smith's work at the present is that, even in mock-up t has the quality of permanence. His .culptures...
...acerbic critic of Tory and Labor governments alike during his five-year (1961-66) governorship. His stature among bankers was enormous-and helped to raise the rescue funds overnight when eleven nations, including the willing U.S., came to the defense of the British pound at its moment of greatest peril...
...Christie Grain, in which the court ruled that commodities trading and the Board of Trade served a legitimate purpose, Justice Oliver Wendell Holmes sagely commented that when competent men engage in speculation, it is "the self-adjustment of society to the probable." But he added that its pervasive peril surfaces when "the success of the strong induces imitation by the weak, and incompetent persons bring themselves to ruin." Incompetent speculators lack, somehow, the sang-froid of an emotionless Baruch or the attributes of another successful pre-Depression speculator, Joseph P. Kennedy. Old Joe succeeded in the Great Bull Market...