Word: royster
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Dates: during 1960-1969
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Vermont Connecticut Royster joined the Wall Street Journal rather casually. Fresh from college in 1936, he had been fired from a New York City news service and turned down by almost every paper in town. About to call it quits, he noticed the Journal on a newsstand. "Well, that's one I haven't tried," he thought. He was hired on a temporary basis, and claims that he still is a temporary fillin, though now he happens to be editor. Occasionally he asks Publisher Barney Kilgore: "When am I going to be permanent?" Kilgore puts...
...Royster, 51, is still as casual as ever about the Journal, and that is half the secret of the paper's success. On the editorial page, Royster makes high finance and big business friendly and folksy. He reduces economic intricacies to homilies anyone can understand. He takes the mystery out of Wall Street and makes it seem almost a neighborly kind of place. He is capable of acute, even eloquent analysis, but in his column, he compares Lyndon Johnson to Tom Sawyer's speechifying Uncle Silas, U.S. Surgeon General Luther Terry to Carrie Nation, the fellow who picked...
National Names. Royster is a North Carolina boy who was shrewd enough not to shed all his country ways in the big city. He still has a fetching Southern drawl, a dry wit that takes people by surprise, and a name that stands out even in New York. Vermont's great-granddaddy, a practical man, decided to name his children after states in order to tell them apart. Along came Iowa Michigan Royster, Wisconsin Illinois, Arkansas Delaware, Virginia Carolina, Georgia Alabama, Nathaniel Confederate States. No hard feelings about Yankees; one boy was named Vermont Connecticut, and the name...
...plucked by a member of the light-fingered league in the I.R.T. was Journal Editor Vermont Connecticut Royster, a Raleigh, N.C., boy despite the Yankee twang to his name. To Royster, the loss of his credit cards, shopping lists and drugstore prescriptions, not to mention $100 "secreted in the back of our wallet against such grave emergencies as running out of expense-account money in San Antonio or St. Paul." turned out to have a leaven of unexpected value. "I use all kinds of incidents that happen to me when I'm groping around for a way to make...
...approve of pickpockets, especially those who pick our own," said the Journal, but "the result represents a consummation devoutly to be wished by influential thinkers of the day." Since Royster's $100 was transferred from one party to another, the editorial reasoned, both the gross national product and the national income showed gains, and such "redistribution of income" is "the whole object of current economic policy." It also helps, added the editorial, if money "can be transferred from corporations and rich folk, who might have a proclivity toward savings, to the hands of those who will inject it more...