Word: suited
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Dates: during 1950-1959
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Justice-in-a-Jiffy. A short, stocky man, who presided over every kind of case, from the unsuccessful libel suit brought by Harold Laski against the paper that accused him of advocating violent revolution to the treason trial of Klaus Fuchs and the sensational cases of the "Chalk Pit Murder" and the "Vampire," he soon became known as the "Tiger." Green young barristers would sit up all night polishing their briefs before daring to appear before him in the morning and risk hearing him say, "Let's skip the rest and hear your last point, please." Even rich...
...week's trial series trailed only once at the opening gun. But many experts still like Columbia, and 51-year-old Skipper Cunningham, with an eye toward the bad weather that often roils New England waters in late September, feels that "heavy weather is Columbia's long suit." He admits his yacht is weakest with the wind astern but adds, "she's a bear cat to windward." And the saying goes that if a boat can go to windward better than the others, she does not have to do anything else. When polled, six experts who have...
...Herbert J. Yates, 78, president of Republic Pictures, one of the few old-line movie bosses left in control of his own studio, was hit by a stockholder's suit intended to deprive him of control. In the suit, a New York accountant charged Yates with improper stock deals and with running Republic "as though it were a private business.'' Supporting item in the complaint: for years Yates has been casting his wife, aging (37) Vera Ralston, possibly one of the most wooden actresses ever to appear on a screen, in a series of money-losing movies...
Grand Prix. The efforts of the radio and camera men have encouraged other Japanese industries to follow suit. Says Koji Kato, director of Alps Shoji toy company: "Past experience shows that flimsy, cheap toys are the best way to lose a market. We are now working to make toys more durable, safer, and at the same time more advanced than foreign makes." U.S. Toymaker Louis Marx is giving the industry a hand, recently went to Japan with a plan to reorganize the entire Japanese toy industry by supplying U.S. technicians, leasing machines, supplying designs and working out a "division...
...that it was time once again to lean gently against the economic winds. FRB gave the San Francisco Reserve Bank permission to hike its discount rate from 1¾% to 2%, the first such credit-tightening boost in eight months. The other eleven Federal Reserve banks will probably follow suit soon, thus signaling that 1) the Fed agrees that the recession is over, and 2) it is on guard to make certain that the recovery proceeds in a sound, orderly fashion...