Word: pointedly
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Dates: during 1940-1949
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Major subject on the Universalist agenda was the perennial plan for merger with the Unitarians, who were also feeling cramped by Christian creeds. In the current issue of the Unitarian Christian Register, 127 Unitarian ministers of New England endorsed a five-point statement of faith. Said the Rev. Dilworth Lupton of Waltham, Mass.: "Behind the statement is our conviction that religion resembles art; it is bigger than any of its manifestations. And the conviction, too, that our Unitarian churches should be fellowships where, as in art centers, people holding various theories could come together for common enrichment...
...market were the television shares, notably Admiral Corp., which declared a 100% stock dividend. For those who still swore by the Dow theory, regardless of its confusing "signals," there was also reason to cheer. The railroad average, lagging behind the industrial, now broke through last March's "resistance" point. To some Dow theorists, that was a sign that a bull market was in the making...
After thinking over President Truman's Point Four program for backward nations, New York Stock Exchange President Emil Schram spotted a big flaw in the idea. Point Four would wrap a protective government guarantee around private funds invested outside the U.S. What irked Schram was that there was no program for improving "the shabby treatment of capital at home...
...Point Four program by itself, said Schram, "is unsound and illogical" because "it sings the virtues of new investments so long as they are made outside the U.S." What's needed, said he, is a Point Five-"tax changes that will apply the principles of a 'bold new program' . . . both here and abroad...
...Point Four & Plan. The combine was first organized 2½ years ago at the suggestion of the U.S. Government to conduct a survey of Japan. Named as president was Clifford S. Strike, 46, president of Manhattan's F. H. McGraw & Co., which built, among other World War II projects, the $36 million Bermuda air base. Last week in a green-carpeted office on Manhattan's East 42nd Street, O.C.I. President Strike and Board Chairman