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Dates: during 1950-1959
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Sadly, Federation Prime Minister Sir Roy Welensky complained: "The Congress is not the sort of organization I believe will benefit the Federation. You can't fight extremism with extremism with any hope of success." But the fact was that Welensky's own policy of "partnership"-i.e., a policy of advancing the Negro, but so slowly that the whites will hardly notice -has satisfied no one. If the Dr. Bandas wanted an end to the Central African federation, so apparently did Southern Rhodesia's whites. In the last territorial election they gave a majority of their votes...
...December. ¶ For a cool $75,000, Harold Minsky's burlesque show (38 girls, three comedians) flew to Chicago from Las Vegas' swank Dunes Hotel to put on one performance for 1,200 conventioneers from the National Homebuilders Association. Said one homebuilder: "This is exactly the sort of thing this industry needs. We're too stodgy." ¶ Jingly, gutter-wise Threepenny Opera passed its 1,405th performance, became New York's third longest running musical, behind Oklahoma! (2,248) and South Pacific (1,925). Gross of the 229-seat Theater de Lys totals...
This publishing success would not impress the Japanese. Each month 680 poetry magazines with a combined circulation of 240,000 are printed in Japan. Toyo Keizai, a sort of Japanese Wall Street Journal, runs a haiku assortment every week. Hototogisu (Cuckoo), a haiku magazine founded in 1897, claims a substantial though private monthly circulation of 20,000. Japan's 500,000 practicing poets can win prize money from most of the metropolitan newspapers and from the Emperor himself. They write in all the classic forms, but the simple 17-syllable haiku, usually arranged in a 5-7-5 pattern...
...leaders at "Manhattan's Hotel Commodore. Their theme: "Recovery: how strong, how long?" Their conclusion: recovery should continue well into 1959. Even as they met, there were indications that while some parts of the economy have stopped to catch their breath, others continued to spring along in a sort of relay race...
...Normal" Inflation. In arguments, most speechmakers fail to distinguish between runaway inflation of the sort that swept Germany after World War II, and that now has Chile and Bolivia in its grip, and the so-called "normal" inflation of 1% or 2% a year that has usually accompanied times of prosperity. Nobody wants runaway inflation. But many economists believe that the U.S. economy cannot grow and prosper without some measure of "normal" inflation...