Word: walling
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Dates: during 1950-1959
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...February. Herter was prowling around a cattle auction in Walterboro, S.C. when he got word that Dulles wanted to talk to him on the telephone. He took the call on an old-fashioned wall phone, got the word from Dulles that he was heading off for Walter Reed Hospital for his hernia operation. "Don't rush back," said Dulles. "If you do, they'll think I'm worse than I am-and if I am that bad, you'll need the rest to handle the work...
...secretary announces that Mr.------ is ready, he enters (with wise instructions to "have some intelligent questions ready for the interviewer"), and he is ushered into a small room where the interviewer may have ashtrays and paperwork scattered about his desk and crayon drawings by his daughter on the wall. They talk about hockey, or Hemingway, or Baroque, and everyone is relieved when the interview is over...
Furthermore, although it enabled us to have the "Boston tea party, the revolution, and the DAR," if it were dried up, we could have the Henley races on the East River from the U.N. to Wall St., and could juxtapose Hadrian's wall and the Mason-Dixon Line...
...sense, Wall Street is now paying for the success of its campaign to recruit small stockholders. Once a stockholder has an account, the high-priced blue chips that he first bought may seem pretty stodgy beside the greater gains possible in more speculative companies. He knows that top growth companies such as Polaroid and Texas Instruments, which have increased several hundred percent in a few years, were once considered risky. Says Stock Exchange President G. Keith Funston: "We have no objection to people buying into small and little-known companies-provided they know what they are doing...
...Wall Street's concern, as voiced in its ads, is all to the good. But the Street and the corporations it serves can do a great deal more to curb uninformed speculation by their own efforts, instead of wagging a finger at the public. When irresponsible rumors boom a stock, company officials often keep quiet rather than making the prompt denials that would cool it off. Many a stock has been run up on wild rumors when there is so little stock available that any buying or selling sends it rollercoasting. The exchange has the power to suspend trading...