Word: sinclairism
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...since the year began. As the first quarter ended, New York's Guaranty Trust reported in its monthly survey that businessmen had virtually stopped talking about a slip in business, more and more were talking about a "boom already set to start rolling again." In Washington Commerce Secretary Sinclair Weeks said that business activity was hitting a pace undiminished from the record rate reached in the final 1955 quarter, with chances "better than even" that '56 business would top the previous year...
...biggest vote of confidence came from U.S. businessmen themselves. In what he called "the best economic news of the year," Commerce Secretary Sinclair Weeks announced that U.S. business will spend a record $35 billion to expand plants and production in 1956, or 22% more than igss's previous high of $28.7 billion...
Standard of California tacked on new projects for cracking plants worth another $70 million. Still another was Sinclair Oil, which turned a profit of $80 million in 1955 (some 8% better than 1954), and plans a huge expansion program. Since 1951, Sinclair has spent $750 million on capital improvement. Said Sinclair's President P. C. Spencer: "Our estimate of the future offers no prospect that such expenditures will be less over the next five years. They may well be substantially greater...
...Largest cargo ship under any flag: D. K. Ludwig's Sinclair Petrolore (55,000 deadweight tons), with a speed of 15 knots. She flies the Liberian flag...
...editor of surpassing skill, a journalist of scintillating brilliance, a rare humorist and a savage critic. For years he was the brightest star on the Baltimore Sunpapers. He was the forward lance in the march of American letters from John Fox Jr. (The Little Shepherd of Kingdom Come) to Sinclair Lewis, helped kill off much of the trash in American writing. Many of the best U.S. writers of the century (Lewis, Dreiser, Cather, Pound. Fitzgerald) were discovered or trundled by Mencken in his happy days as co-editor (with George Jean Nathan) of the Smart...