Word: wall
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Dates: during 1960-1969
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...letters about it. Minnesota's Democratic Senator Hubert H. Humphrey has received 700 letters about taxes so far this session-and only one of them clearly approved of the President's proposals. Humphrey staffers talk jokingly of framing that lone letter on the Senator's office wall...
Despite all the hostility, the President predicted at his press conference that "we are going to get the tax cut." Although there are differences of opinion about details, he said, "there is a consensus that there should be a tax cut." In a speech before Wall Street security analysts, Presidential Economic Adviser Walter W. Heller made the same point, spoke of the "remarkable consensus which developed in 1962 on the economy's need for a federal...
...municipal elections held at the darkest hour of the Berlin blockade in 1948, West Berliners showed their defiance of the Reds by giving their beloved mayor, Ernst Reuter, a record 64.5% of the popular vote. Communism's Wall has done nothing to reduce their solidarity. Last week, urged on by posters that warned "Whoever stays at home votes for the Wall," 90% of eligible West Berliners trudged through foggy, snowy streets to give able Mayor Willy Brandt, Reuter's protégé, a landslide victory for another term in office. Brandt's Socialists got almost...
...seemed like such a good idea, right after World War II, for those Americans for whom a house had always been a dream house. The shell home came along, providing an inexpensive (average cost: $3,000), wall-to-wall do-it-yourself kit that was finished on the outside but left the interior up to the buyer. The shell house industry that started out so promisingly has just gone through one of the crudest shakeouts in business history, and is emerging a vastly smaller but much stronger part of the nation's $25.6 billion housing business...
...into busi ness with $600 borrowed from his father. The idea had great appeal to returning servicemen, who did not yet have it made and were handy with their hands. By 1961, shell firms accounted for 8% of the one-family housing market and had be come one of Wall Street's bets on the future. But fast-buck builders swarmed in, competition stiffened, and many firms began putting up frames with little regard for quality or adequate financing. The in evitable reckoning came last year, when defaults and repossessions drove 90% of the 200 U.S. shell builders...