Word: slum
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...this debt is one well worth paying, for urban blight--in the form of rapidly growing slums and deteriorating transportation systems--is one of the nation's most persistent and depressing problems. In New York, for example, the impressive office buildings going up along Park Avenue and in the mid-town area stand in radical contrast to the slum conditions spreading in what not too long ago were fine residential neighborhoods. The cities are so much the center of modern cultural, social and economic life that their decay must be a cause for great national concern...
...private investment for urban renewal a likely possibility. Real estate men are not practicing philanthropy, at least not on business hours, and slum properties are very profitable investments because of the high population concentration. To participate in urban renewal projects would mean not only giving up lucrative tenement properties, but also paying exorbitant prices for slum land in order to construct (at high cost) less profitable housing. So a lot of government money is needed to set up a meaningful urban renewal program. With the state unwilling and the city unable to contribute a great deal, the bulk...
...large injections of Federal money do not guarantee the success of a given project, for urban renewal is a tricky and complex business. It can create as many new problems as it solves old ones. For example, it does no good to tear down a slum when you have no place to house those who are dispossessed and when the new housing will accomodate not slum dwellers but higher income residents. By giving the old inhabitants no new housing within their means, the urban renewal project has merely hastened the creation of a new slum somewhere else. These mistakes...
Soutines at $50. Barnes was a strange and brilliant man who rose out of a South Philadelphia slum to become a chemist and make a fortune out of an antiseptic called Argyrol. But his chief passion in life was art. He read everything he could find on the subject. He bought Modiglianis when the artist was still an unknown, once scooped up 60 Soutines at an average of $50 apiece, acquired some of the world s finest Matisses and assembled the most impressive group of Cézannes outside the Louvre. His collection was to include everyone from Tintoretto...
...burst. In the slum suburbs of Belcourt and Clos Salembier, from the tar-paper shacks of Maison-Carrée, Moslems erupted in wild demonstrations. Rebel flags blossomed on dozens of minarets. Cars belonging to Europeans were smashed and burned, shops and cafes turned into a shambles. A luckless policeman was caught by the crowd and his throat cut. Nine other Europeans were beaten to death, burned alive or fatally stabbed with sharpened screwdrivers...