Word: smithing
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Dates: during 1950-1959
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Died. Sidney Earle Smith, 62, Canada's well-traveled Secretary of State for External Affairs, Nova Scotia-born lawyer who gave most of his career to education, was president of the University of Manitoba (1934-44) and the University of Toronto (1945-57), entered politics at 60 when-soon after the first Tory election victory in 22 years-he accepted the External Affairs portfolio in 1957; of a cere-'bral hemorrhage; in Ottawa...
...Structure of the American Economy. In 1935, while on the staff of the Department of Agriculture in Washington, Means published a study of price trends in the Depression to which he gave the title: "Industrial Prices and Their Relative Inflexibility." In it Means said that the classical Adam Smith laissez-faire free market, in which prices are set by a constant interplay of supply and demand, did not exist. In place of Smith's market-price theory, Means offered his administered-price theory. Said he: "An administered price is a price set by someone, usually a producer...
Over a year ago when I was a Smith-Mundt lecturer in Bolivia, I heard the joke that Bolivia and her troubles should be divided among her neighbors. It was told to me by Bolivians, and it was not a new joke then...
...Burns's strategy paid off. Alaska's victory softened almost all further opposition; even Sam Rayburn, long opposed to Hawaiian statehood, decided to go along. And even Virginia's stubborn Rules Committee Chairman Howard Smith had seen the handwriting on the bill, decided that he could not prevent its movement to the floor (TIME, March 16). Added to that was the momentum of the Senate's victory, planned by Majority Leader Lyndon Johnson, who had even won over some Southern defectors (although not such diehards as Virginia's Harry Byrd, Mississippi's Jim Eastland...
...week's end, Lieut. James Astrue will have used up all his leave. When M.C. Wendell asks him what British adventurer explored the waters around Jamestown in 1608 and afterward the waters around New England, what will he say? Will he say John Smith and stay on the show? Or will he say Raleigh, lose his championship to one Dave Fries, and go back to duty with a check for $143,600 in his pocket? Tune in to NBC, Friday, March 20, 12 noon E.S.T...