Word: safer
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Dates: during 1950-1959
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...quite sure, but there were plenty of guesses among dealers. Americans seem to be buying fewer high-priced antiques, are turning increasingly to modern furnishings. New low-ceiling apartment houses and ranch homes are not suited to period furniture. On the other hand, many Europeans buy antiques as safer wealth than stocks or currency, and nouveau-riche families buy them to acquire class...
...Borrowed Capital. The co-op members complained that they had to pay auto-insurance rates as high as those of city drivers, although they diri most of their driving on safer country roads. So, with $10,000 borrowed from the federation and pledges from members for 1,000 policies, Lincoln started a mutual auto-insurance company as a private enterprise. It was a success from the start, and later began selling policies to city people, too. It now operates in 13 states and the District of Columbia, ranks fourth among all U.S. auto insurers, second among mutuals. As chief lure...
Secretary of State Dulles spoke: "This is a solemn hour . . . For the first time in history, an international organization has stood against an aggressor ... All free nations, large and small, are safer today because the ideal of collective security has been implemented." Dulles promised that in the political conference the U.S. would press for a united Korea. He, too, sounded a warning: "Let us recognize that the need for effort and for sacrifice has not passed . . . Let us, this time, not relax...
...battalion because he usually slept on a cot and lived in a tent and had three hot meals a day. Battalion thought regiment "had it made" because there the men rode around in jeeps. The soldier assigned to regiment wished he was farther back at division, where it was safer, where there were showers, Korean houseboys to do the laundry, and movies almost every night. The man at division figured the corps headquarters soldier "had it knocked" with his PX, his girls, and "tak-san" (much) beer. At corps, they envied Army's warm buildings, big PX, recreation programs...
...Street has a good thing to sell. Common stocks on the exchange are paying close to their highest return in history-an average 6% v. 3.48% in 1929 and 4.87% in the last prewar bull market of 1937. What is more, during an inflationary period, the stock market is "safer" than Government bonds, since stock prices generally go up as the value of the dollar declines. The holder of a Government bond, on the other hand, loses to the extent that the dollar's purchasing power decreases...