Word: popularized
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Dates: during 1950-1959
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Congress, says Burnham, is "the one major curb on the soaring executive and the unleashed bureaucracy." Rights and liberties written into law "have no practical meaning" unless there is an independent institutional power to uphold the law against the claims and encroachments of the executive power. Lacking any popular mandate, the courts are not powerful enough to withstand the executive power without Congress' help. "No Congress," he warns, "no liberty...
...sign that bygones were bygones, De Gaulle had invited along the popular British Ambassador to France, Sir Gladwyn Jebb...
...decades of Salazar, the Portuguese people are suffocating. The progress he proclaims is pure myth. After so many years I find that my home village still has no road and can be reached only by donkey. The young are still growing up untutored and illiterate. The regime has no popular support. It's like Batista's government in Cuba last New Year's Eve. It's perpetuated in power solely by force. Alas, it is difficult to create a guerrilla campaign like the Fidel Castro movement in Cuba because Portugal is too closely policed, populated...
...bull market has been the rash of stock splits, and the way they have sent stocks scooting up. Staid old American Telephone & Telegraph, for 73 years a holdout against splitting, soared 65 points from 202 within a few weeks after its 3-for-1 split announcement. So popular has splitting become that 80 major companies have registered or announced splits this year, and Wall Streeters feel sure that the old record of 181 splits (in 1955) will be topped before the year is out. While stock splits have gladdened many a stockholder, they have produced a good deal of misunderstanding...
When a privately held company with only a small issue of stocks offers its shares to the public for the first time, it usually has to split to sell in a popular price range. The stock of Upjohn Co., valued at $1,125 a share, was split 25 for i before public sale so that the price to the public was $45 a share. Similarly, when the Great Atlantic & Pacific Tea Co. wanted to sell a large block this spring, it first split the old shares, selling at around $500, so that the price to the public...