Word: seenes
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Dates: during 1950-1959
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Inflation and high taxes have somewhat cooled the Swedish enthusiasm for statism. In postwar elections the Socialists have gradually lost strength, the more conservative parties gained. Whether this cooling is decisive enough to topple the Socialists from their long-held power will be seen in the special elections which must now be held, probably on June...
...tournament started, many a gambler hedged his bet by selling part of his player. And since this was Las Vegas, side bets were laid on almost every shot. "I've never seen a tournament like this one," said Ken Venturi. "People come up to me and feel my legs and arms, and pat my stomach. They want to know how I feel and how I'll score, so they can place their bets...
Ultrasimplicity. U.S. physicists who have seen Heisenberg's equation still feel that it cannot quite explain all they see in their accelerators. Dr. John Grebe (rhymes with Hebe) begins with what they do see. A noted industrial researcher who was a leader in the wartime development of styrene for synthetic rubber, Grebe nevertheless has the same classical approach as Heisenberg. The secret of why the fundamental particles of matter somehow hold together in the atomic nucleus, he feels, must be less complicated than researchers believe. Reason: the rest of nature is "so beautiful and orderly and ultrasimple...
...news that the New York Times has never seen fit to print was a statement of its annual earnings and condition. Last week, in a detailed story on its financial page, the Times broke precedent and published its first annual report. With characteristic reserve, the Times announced that its ledger had been kept in good, black ink ever since 1896, when it was bought by the late Adolph Ochs for $75,000. Total profits...
...economy that has so far seen few breaks in prices, one commodity became cheaper last week: money. Following the drop in the Federal Reserve discount rate fortnight ago, major U.S. banks cut their prime rates-those for the biggest borrowers with the best credit-½% to 3½%, the second bankers' cut in the five months in which the Federal discount rate has dropped from 3½% to 1¾%. Other forms of short-term commercial paper, such as 30-to-90-day notes, also dropped ¼% to 1¼%. But for small borrowers and for consumers buying...