Word: rumoring
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...famed Yachtsman Vincent Astor in 1959 put a large question mark over the future of Newsweek magazine. In his will Astor left his controlling 60% of Newsweek's stock-177,200 shares-to the Vincent Astor Foundation, a charitable trust that he established in 1948. Since then, the rumor that Newsweek is for sale has cropped up with a persistence that has defeated the magazine's continued efforts to deny it. Last week, confronted with fresh reports, Newsweek Board Chairman Malcolm Muir, 65, said that a group of colleagues were trying...
Keep in Tune. Last week, already pinched for money to support his vaunted aid programs to other African nations, Nkrumah bluntly ordered the Times and the News to pay their own way or perish. Worse yet, Accra rumor had it that Nkrumah intended to let both papers die and to replace them in a year or so with a less propagandistic daily printed in the $4,500,000 printing plant that the East Germans have promised to build for him near Accra. In undisguised anguish, the Times and News printed appeals to their declining readership. "Don't ever forget...
...harvest at 559 million bushels, barely enough to meet anticipated demand. From Red China, the world's second largest producer (after the U.S.), came reports of a decimated soybean crop. Actions of Iron Curtain countries that depend on the Chinese harvest seemed to confirm the rumor: Russia de faulted on bean deliveries to West Germany and Denmark; East Germany began buying beans on free world markets. Even Red China itself began seeking liquid oils from India and South America. Mediterranean countries, notably Spain, reported olive harvests were 10% off, indicating there would be an increased demand for soybeans...
...Solicitor General), and Dean of the Faculty of Arts and Sciences McGeorge Bundy (Special Assistant for National Security Affairs). Four more are reportedly to be named to still unassigned jobs: Professors Abram Chayes, John K. Galbraith, Arthur Schlesinger Jr. and Stanley Surrey. If conservative Harvard-men shudder at the rumor that New Deal-ish Historian Schlesinger may wind up as Commissioner of Internal Revenue, they try to balance the notion with the firmer rumor that Liberal Economist (The Affluent Society) Galbraith may be sent way off to India as U.S. Ambassador...
...onetime Welch Grape Juice president, was revealed to have sold 60,000 shares of his stock to Glen Alden, explained that he thought the shoe concern was "a dying company." Word quickly spread through the Triple Cities that Glen Alden, if it got control, would move the plants-a rumor Glen Alden denied...