Word: seesaws
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Dates: during 1960-1969
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North Madison, Ohio, Rabbit Run Theater: William Gibson's Two for the Seesaw...
...produced Some Like It Hot and The Apartment; they are releasing By Love Possessed this month, West Side Story in the fall; they have cast and scheduled a folio of properties that includes a film version of Lillian Hellman's The Children's Hour, Two for the Seesaw, Irma la Douce, Toys in the Attic, James Michener's Hawaii, and John O'Hara's A Rage to Live. And they have multiple picture deals with dozens of high-density stars such as Jack Lemmon, Shirley MacLaine, Dean Martin, Jason Robards Jr. and Yul Brynner...
Among the bankers who frankly doubt that the Government can make the seesaw work is Roy Reierson, chief economist of the Bankers Trust Co., who told the Joint Economic Committee of the Congress that "essentially the aims are contradictory." He pointed out that as bond yields decline, the inducement to invest at long term will weaken, and investors may switch to the short-term market, driving rates down there as well. Other critics are also afraid that the abandonment of the "bills preferably" policy will commit the Fed to supporting long-term holdings, upset the market and launch...
...operation at Chelsea (Mass.) Naval Hospital relieved the spasms, but Kennedy then found that his left leg was a quarter-inch shorter than his right, and the resulting seesaw effect tended increasingly to bring the spasms back. By 1954 he was a cripple on crutches. He hobbled into New York's Hospital for Special Surgery. Doctors tried a delicate spinal fusion. It failed, and Kennedy contracted a near-fatal staphylococcus infection. Another operation four months later was successful, and novocain treatments broke the cycle of muscle spasms. The President still must wear a quarter-inch riser in the heel...
Established and prosperous, locked for years in a seesaw battle for economic first place, both papers hesitate to take stands on sensitive issues that, by offending any group, might jeopardize their positions...