Word: wall
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Dates: during 1950-1959
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...warfare plotting room in Norfolk, sailormen stand 24-hour-a-day vigil over a map that represents the millions of square miles of Atlantic Ocean (see cut). From the Navy's far-flung detection posts come reports of unidentified contacts, instantly plotted with diamond-shaped metal markers. This wall-sized chart is televised daily to Atlantic Fleet Commander Jerauld Wright, Admiral U.S.N.; top-secret reports on sightings are typed on red paper, circulated among the proper officials of the Pentagon-and the typewriter ribbons are locked up after use to prevent unauthorized people from examining the ribbon imprints. This...
...last six months of 1957, the U.S. Navy recorded 186 separate reports of what may have been Soviet subs. Only last week, in the Navy's secret ASW plotting room at Norfolk, Va., a black, diamond-shaped marker indicating a "goblin"-a Russian submarine-went up on the wall-to-wall map. The goblin's position: perilously near Iceland, where NATO maintains an important airbase...
...Though Wall Streeters are uneasy about the swiftness of the rise, few expect a substantial selloff. Earnings and dividends are now more secure* than they were a few months ago, and many institutions are waiting for a dip to buy. What Wall Streeters call the "350 Club"-the bears who saw the industrials declining to that level last winter-has been dissolved; it has been reorganized as the "450 Club." But these analysts could be wrong again. "There are hundreds of professional investors and institutions who go down on their knees at night, praying that the market will return...
...Washington and Wall Street, the big worry is the galloping ghost of inflation, returning to haunt the U.S. economy even as it comes up out of recession. Said Chairman Raymond Saulnier of the President's Council of Economic Advisers last week: "Inflation is the problem now." But the U.S. could be thankful that inflation is not a far bigger problem-as it surely would be if the clamor for stronger antirecession measures had been heeded...
...Wall Crumbles. In shoring up segregation, Author Dabbs suggests, the South is committing itself to another lost cause-that "of keeping a changeless social order in a changing world." Even while the South frets, fumes and fights its delaying actions, the wall of segregation is crumbling, Author Dabbs believes, under the assault of four powerful forces: 1) the law, 2) industrialization (the machine "knows nothing about the Negro's place"), 3) the democratic spirit, 4) the Christian tradition...