Word: rightness
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Dates: during 1940-1949
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Says the commissioner: "We haven't got the opposition we once had when we were kicked around . . . and our people had to fight for the right to preach in the streets. That kind of opposition bred the courage of lions...
Wall Street's young bull market kept right on growing. On three successive days last week, trading topped 2,000,000 shares, making it the most active week since the big rise of May 1948. The Dow-Jones industrial average rose 3.37 points to 198.05, the highest since August 1946. Most spectacular rise: Superior Oil Co. (California) which in three days jumped 69½ points to 227 on the news of a plan to split it into two gas & oil companies. Wall Streeters now expect the next test of the market at 200. If the bull gets over that...
...justified in levying an increased tax on the whole economy of the U.S." Its leaders, he said, are doing more damage "to the free-enterprise system than all the crackpots have ever done." To get an explanation, O'Mahoney asked Ben Fairless to appear before a congressional committee right after New Year's. Fairless, who in the past has often had as little to say as Garbo, promptly said that he would "welcome the opportunity" to explain the rise in steel prices...
Rosy Future. Actually, in a free and once more competitive economy, Big Steel had a perfect right to raise its prices. But with the steel shortage over, it might not get away with it. Big Steel's customers certainly would not like the $80 million-a-year increase in their steel bill, especially in the light of steel profits. In the first nine months of 1949, U.S. Steel netted $133 million, 50% more than in the same period in 1948. And so far as Ben Fairless could see last week, the future looked rosy. Operations of Big Steel...
Snapped Rossellini: "Whether she is or is not is nobody's affair. I think that report deserves neither denial nor confirmation, because it is an attempt to pry into the private life of a woman who, to assert her right to her own life, has given up her career . . . Isn't that enough...