Word: think
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Dates: during 1950-1959
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...learned about Frontier College from Fellow Yaleman Ben Spock, was a teacher in an Ontario construction camp in 1928. Recalls Bishop Stokes (who answered to the camp tag, "Slim"): "I asked the carpenter boss, 'Can I have some 18-inch spreaders?' He answered: 'Young man, I think you mean, "May I have some 18-inch spreaders...
...that any official action was being considered to stem the gold outflow. Treasury officials professed to be pleased at the growing signs that the U.S. policy of helping Europe to boost exports was running according to plan. Said Per Jacobsson, director of the International Monetary Fund: "I do not think the U.S. gold outflow represents any real threat to the dollar. With the U.S. possessing more than half of the world's gold it would be absurd to say that...
Many stockholders are baffled by splits; they think that a 2-for-1 split doubles their money. Actually a stock split does not of itself increase the stockholders' equity at all. The new shares are based on the same corporate net worth, thus are technically worth precisely half the old. Sewell Avery, former board chairman of Montgomery Ward, long opposed splits, sneered at them as "two hat checks...
...price to the public was $45 a share. Similarly, when the Great Atlantic & Pacific Tea Co. wanted to sell a large block this spring, it first split the old shares, selling at around $500, so that the price to the public was $44.50 a share. Even conservative underwriters think there is a time for companies to split. Says Sumner Emerson, partner of Morgan Stanley & Co.: "A company that is going ahead fast and thinks it is going to have to sell more stock to finance its growth should probably split when its shares go to a high price...
...nowadays crops up more often and with greater virulence. Surprisingly, another problem microbe is Aerobacter aerogenes, found naturally on many food plants and in water and milk, as well as in man's digestive tract. Once rated almost harmless, it is now a killer. In sum, optimists who think it is old-fashioned nonsense to talk about fatal "blood poisoning" are wrong. There are now more deaths from septicemia than there were before the antibiotic age, said Dr. Finland...