Word: prudently
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Manhattan's prudent bankers last week started work on a plan to preserve their records in the event of an atom bomb attack. They set up two committees to study the possibility of protecting account ledgers and other records by microfilming them each day, storing the film safely outside the city. With duplicate records intact, banks could thus move their offices to outlying areas, keep in touch with each other through a new clearinghouse, which would also be located outside the city. No plans have yet been made to remove the billions of dollars in securities, notes and valuables...
...trusts in New York State will also be able to invest in common stocks, the first time the state regulations have permitted them such leeway. They will be allowed by law to invest "up to 35% of their funds (an estimated $1 billion) in such common stocks as a "prudent man" would buy. The effect of all this safety-deposit buying would be to cut down the available supply of stock and consequently drive up prices...
...Prudent Student. "Then," said Wolf, "it seemed as if someone had struck the plane with a giant hammer." Both sides of the plane burst open just forward of the tail surface, and the wind began to roar through the two jagged holes (the larger, 9 by 4 ft.). A French student prudently untied his shoelaces in preparation for an ocean crash landing...
Paul Douglas, Democrat from Illinois, 58, the ablest, best-balanced liberal Democrat in the Senate and its most impressive freshman in years. He is a humanitarian who does not believe government should do all things for all men, a maverick liberal who also insists on prudent spending ("To be a liberal one does not have to be a wastrel") An ex-professor, and a veteran of Chicago's rough & tumble city council, he has the economist-sociologist mind, a notable capacity for collecting, sifting and appraising facts...
...first years after World War II, Moscow strategists assumed that the Red Army could roll almost unopposed to the Atlantic if they decided to take the great chance on World War III. But it might be more prudent to capture Western Europe through the ballot box. Accordingly, Western European Communist Parties concentrated on political drives to exploit economic misery and insecurity. Their success was checked by the Marshall Plan, but they still knew that in event of war Western Europe offered no military obstacle to the Red Army. Last fall the Kremlin realized that the U.S. military aid program might...