Word: rising
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Dates: during 1960-1969
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...avenue in a quarter of a century. The monumental structure, designed by Chicago's C. F. Murphy Assocs., will stand at the corner of the proposed new "Market Square," to occupy one side of Pennsylvania Avenue between Seventh and Ninth streets. The imposing facade will rise the maximum 160 ft. permitted above Pennsylvania Avenue, beyond a 50-ft.-wide sidewalk (the other three sides of the building will be set off by a sunken garden, giving a moatlike effect). Windows will be small, for security reasons, while on the E Street side the building is to be dominated...
Saving the Vista. Fronting on the Mall itself, adjacent to the Smithsonian and diagonally across from the National Gallery of Art, will rise the $15 million Joseph H. Hirshhorn Museum for the $25450 million Hirshhorn gift of sculpture and paintings. Architect Gordon Bunshaft has designed a massive doughnut, to be clad in marble, as sculptural as any created by Isamu Noguchi and so vast that Frank Lloyd Wright's Guggenheim Museum would drop neatly into the hole. The new five-level museum will add a revolution ary new presence, from its coffered concrete underside (the museum will actually "float...
Even though the Federal Reserve has been squirting money into the U.S. economy all this year at a clip ordinarily fit to make loans grow cheaper, the result instead has been a persistent rise in interest rates. Last week American Telephone & Telegraph Co. borrowed $250 million for 33 years at the highest interest cost it has ever paid for long-term bonds: 6.006% a year. A. T. & T.'s old record, 5.95% for $100 million of 20-year debentures, had stood since...
...County Building, more than 500 members of Detroit's white and black establishment, including Henry Ford II and United Auto Workers President Walter Reuther, responded to an invitation by Romney and Cavanagh to a latter-day reconstruction meeting. True to its motto, Resurget Cineribus, Detroit was determined to rise from the ashes as swiftly as possible. As Reuther emphasized, there would have to be some social rebuilding along with the physical. Said he: "Most Americans are increasingly affluent, but we have left some Americans behind. Those Americans do not feel a part of society, and therefore...
...remarkably large force; it is as if the U.S. (pop. 199 million) had 8,000,000 men in uniform (instead of 3,000,000 in all services). More than 30% of the men aged 16 to 45 in South Viet Nam are in uniform, and that percentage will soon rise even higher. Last week, as part of the overall buildup of Allied forces agreed upon in Washington last month, Premier Nguyen Cao Ky announced that an extra 69,000 men will be added to the army, known to Americans in Viet Nam as ARVN (rhymes with Marvin...