Word: rowes
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Dates: during 1950-1959
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...insurance industry is embroiled this week in a first-class row over the variable annuity, the newest gadget in financial security. The word that caused the trouble is "variable," which means that the premiums are invested in common stocks and that payments vary according to the rise or fall in stock values and dividends, instead of being paid in fixed amounts. The big advantage of the variable annuity is that in periods of inflation, when the purchasing power of the dollar depreciates, stock prices and dividends more than make up the difference by their rise...
...already landed successfully on the supercarrier Forrestal's big 1,036-ft. deck; now it proved that it could also nest on the standard 876-ft. deck length of Essex-Oriskany-class carriers. Exulted one airman: "This baby takes us out of the third row and puts us right up front...
...according to Cadet Edgar Allan Poe, the "only soul in the entire Godforsaken place." Mellowed by Havens' hot ale flips, cadets used to sing (to the tune of The Wearing of the Green) their unofficial West Point song: Come fill your glasses, fellows, and stand up in a row, To singing sentimentally we're going for to go; In the army there's sobriety, promotion's very slow, So we'll sing our reminiscences of Benny Havens...
...free, united Germany." After Secretary of State John Foster Dulles called neutralism "obsolete" in his Ames, Iowa speech (TIME, June 18), European newspapers and politicians accused Dulles of trying to restore a "tough" foreign policy behind the convalescing President's back. Along Washington's Embassy Row, diplomats were saying that Adenauer is "the last holdout in the cold...
...setter-slim (160 Ibs.), amiable Southerner, whose high-domed head is as bare of top hair as the globe itself, he floats effortlessly through the stratosphere of world finance. He is an elegant dresser (Homburg from London's James Lock & Co., suits from Savile Row's Henry Poole), an amusing storyteller, a man of omnivorous tastes, who sums up his chief delights (besides Shakespeare) as "the four Bs-banking, baseball, Balzac and bourbon." As he makes his rounds, he speaks in an irretrievable Southern drawl, mixes so well that he charms people no matter how anti-banker...