Word: planned
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Dates: during 1950-1959
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...world's biggest grocery, The Great Atlantic & Pacific Tea Co., last week announced plans to give shareholders outside the Hartford family a vote in how the family-controlled corporation will be run. Some 19% of A. & P. stock is now held by the public, but the shares carry no regular voting power. The move is the first step in what Wall Street believes is a plan for the heirs of A. & P. Founder George H. Hartford* to sell part of their 81% stock interest in the food chain (last fiscal year sales: $4.8 billion...
When word first circulated on Wall Street in October 1957 that a plan was being considered to broaden public ownership in the company, the nonvoting common stock was selling for about $175 a share on the American Stock Exchange. It has risen steadily since then and closed at $445 a share the day before the plan was announced. Next day it scooted up 40 points to close at week...
...dedicated opponents of wealth and high birth, helped to get things going, Young reports, but they nearly ruined everything by insisting that equality of opportunity meant educating all children, bright and dull, in the same comprehensive schools (this, very roughly, is what the Labor Party currently proposes). Clearly, this plan was too American, writes Young: "Americans, far from prizing brainpower, despised it . . . In the continent of the common man, they established common schools which recognized no child superior to another." Another kind of education was necessary for Britain; "Englishmen of the solid centre never believed in equality. They assumed that...
Frederic Babcock, editor of the Chicago Tribune's Magazine of Books, proclaimed: "Lolita is pornography, and we do not plan to review it." Other abstainers: the Christian Science Monitor and the Baltimore Sunpapers. But most publications did brace themselves to review the book, and attacks were vehement. The Providence Journal was tempted, but resisted: "After wading along with a kind of fascinated horror through 140,000 words, most readers will probably become bored . . . at times downright sickened . . ." The New York World Telegram's Leslie Hanscom fumed that "there were moments . . . when my whole instinct was to land...
Prophylactic for the East. Always a compulsive shoplifter of ideas and religious systems, Huxley wants mankind to find the ideas and beliefs most useful for a good and happy life, but forgets that men do not necessarily believe what is useful. Huxley's plan, apart from his perfect pill, seems to involve cooperative communities, birth control and freedom. Sound as some of this may be, the depraved old world is unlikely to heed. And the thought of aging (64) Aldous-an intellectual well past average breeding age-proffering a prophylactic to the teeming East is downright funny. Reactionaries will...