Word: popular
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Dates: during 1950-1959
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...Reds' national committee met and drafted a soothing statement that "the key approach continues to be defending the revolution." Castro himself said nothing, but the sugar union leaders were obviously doing his bidding. While soft on individual Communists, Castro apparently fears that if the Reds gain a wide popular base, such as labor, they will challenge his position as people's hero...
...Young Philadelphias (Warner), the film version of a popular novel by Richard Powell, is a sort of updated Kitty Foyle that has lost its wit and is fumbling for a moral: social status isn't everything. As in Christopher Morley's 1939 bestseller, the story tells what happens when a Philadelphia girl (Diane Brewster) tries to go beyond her station on the well-known Main Line. She marries into one of the very best families, but on her wedding night discovers that the blue blood has run pathetically thin. Frightened and confused, she flies back to the arms...
...funds have become so popular that they have blossomed with all kinds of new plans. The most controversial plan-and one that M.I.T. has shunned-is the contractual plan, under which a customer signs for regular monthly payments over a period of years (usually ten). The catch is that an investor who puts in $1,200 for the first year of a $100-a-month ten-year contractual plan is docked for about $500, or half the entire ten-year commission, in the first year. If the investor drops out in the first year, he loses most...
Died. Oswald D. Heck, 57, popular, powerful, longtime (23 years) Republican speaker of the New York state assembly, who ruled the often unruly legislators with fair play and wit, pushed through controversial measures (State Commission Against Discrimination, compulsory auto insurance, Governor Nelson Rockefeller's tough tax program); of a heart attack; in Schenectady...
...suddenly catch fire with consumers or, at times, just as suddenly lose favor. Nearly 30 years ago, General Motors' William S. Knudsen, a Danish immigrant bicyclemaker turned automan, was the one who lit the fuse under Chevrolet and sent it out ahead of Ford as the most popular U.S. car. His reward was the presidency of General Motors. Three years ago, Big Bill Knudsen's son, Semon Emil Knudsen, took on a similar job: he was made boss of G.M.'s sputtering Pontiac division, thus became, at 43, G.M.'s youngest auto-di-vision boss. Pontiac...