Word: spites
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Dates: during 1950-1959
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DeGaulle has always proposed as a remedy the establishment of a strong state, which will make the government of France possible in spite of party conflicts and intra-party splits but which will nevertheless continue to owe its authority to popular consent...
...supposed to be a policy-maker, a guide, a Legislator a la Rousseau, but a constitutional and national conscience: the man who sees to it that the political community of France survives in spite of all the accidents of history. His power of arbitration consists mainly of two weapons: the right to dissolve the National Assembly, and the right to take almost unlimited emergency measures in case of extreme danger to the state...
...document does not endanger democracy in France. De Gaulle himself, who is likely to be the first President of the new Republic, is neither a demagogue nor an autocrat. The institution of the Republic, in spite of what many critics of the Constitution declare, can hardly serve as a springboard for dictatorship. The emergency powers are described so minutely that they cannot really be used except in situations such as the fall of the Third Republic in June, 1940, or like the fall of the Fourth last May--circumstances in which a "national arbiter" might prove indispensable...
...called "Memory of the Morning After" and is about Louis Collin who never uses alcohol and carries a fresh pack of cigarettes because it is good psychology "to break the ice" when he meets people. Louis is a boy of modest origin and of modest imagination who in spite of such failings can perceive that the only way to get anywhere in the world is to snag the attention of the boss, to show him what a fellow with a genuine dose of ambition can really...
...single argument most widely used by the bears is simply the high price of stocks. In spite of a second quarter pickup in earnings, the stocks in the Dow Jones industrials average are now selling at more than 18 times earnings, v. 7.5 times earnings in 1949, 10.2 in 1953, and 12 times earnings at the bottom of the decline last October. But few security analysts are willing to "argue with the tape." i.e., what the market has done in the face of falling profits. As the market has picked up steam, more and more of them have become bullish...