Word: rapid
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...Says Walter Perschke, president of Numisco, a Chicago gold brokerage house: "Everyone wants to get into the gold boat. What they do not realize is that when everyone gets in, the boat sinks." If a great many large investors move to take their profits, the sinking could be rapid. Although there is no evidence of this happening yet, smaller investors who are unable to sell quickly could find that gold fever is not only contagious but very painful as well...
...left to his successor, Richard Cardinal Cushing, a man of simpler style, and Pope John XXIII, successor to Pius XII, to paint a picture of Catholicism which was inconsistent neither with the times nor the experiences of 20th century Americans of all faiths living in an age of rapid social change. The election of John F. Kennedy '40 to the presidency in 1961 did not so much prove that a Catholic could be president as show how little being a Catholic had to do with being president at all. These developments raised the nation's consciousness and provided the context...
Since Cambridge is the major terminus for rapid transit service to Boston from the northern and western suburbs, city officials predicted that many visitors will still pass through the city...
...country, as Americans have been inclined to believe, but may lead to instability and chaos. On this point, Kissinger candidly admits to lingering uncertainty about Iran: "In retrospect, it probably would have been wiser for us, in the period 1972-75, not to rely on the conviction that the rapid economic progress of Iran would produce greater stability of the Shah's government. It would have been wiser to recognize that in a society like that, economic development produces new classes and new groups that somehow have to be fitted into the political process. Thinking back...
...clerical and technical staff left. Its rate returned to about the University average of one-third last year. Cantor says he is not surprised by the high turnover, since the K-School had moved from Littauer Center to a new building. "Any organization that goes through rapid change almost inevitably experiences a fall-out. When the observatory lost the NASA program we had a whacking turnover rate. We all felt bad about it, but it happens. There is no one school at Harvard you can point to and say, 'Aha! They're the bad guys,'" Cantor says...