Word: walls
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Dates: during 1950-1959
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YEARS ago, before crushing income taxes, a Wall Street customer's man shrewdly invited a prospective client out to his yacht club, and there, so goes the story, proudly pointed out a dazzling harbor filled with his and other stockbrokers' yachts. "Mighty fine," said the dubious client, "but where are the customers' yachts?" As of last week, with 30 million Americans sailing almost 6,000,000 boats of all kinds in the greatest boating boom of all time, Wall Street's customers-along with U.S. butchers, bakers and candlestick makers-had enough yachts to swamp Wall...
William Orville Douglas, 58, appointed by F.D.R. in 1939. Born in Minnesota, raised in Yakima, Wash., sheep-herded eastward to work his way through Columbia Law School with topflight record. Practiced in Wall Street, taught briefly at Columbia, brilliantly at Yale. A born rebel, became chairman of Securities and Exchange Commission in 1937, thereupon unleashed, in his own word, "sulphurous" attack on Wall Street. Although he had never been a judge, Roosevelt appointed him to the court on the retirement of Louis Brandeis. On the bench, pencil behind ear, hair awry, Presbyterian Douglas became a dauntless proponent of labor, civil...
When the late Philip Lehman, head of Wall Street's Lehman Bros., and his wife started collecting in 1911, they began cautiously by buying a conventional Hoppner, Rembrandt's Portrait of an Elderly Man, Goya's Countess Altamira, and two matching portraits by 15th century painter Francesco del Cossa. Their first modest plunge, which today would strain most museum budgets, barely caused a ripple in an art world then dominated by such high, wide spenders as J. Pierpont Morgan, Henry Clay Frick and Benjamin Altman...
...inconveniently located. Women won't have it that way; they want galleys in the open, where they can call up the deckhouse easily, and they want plenty of space. The galley has automatic hot-and cold-water systems, dish racks, food-storage cabinets and the main cabin has wall-to-wall carpeting, overstuffed couches...
...year highway-building program that will crisscross the nation with a 41,000-mile interstate superhighway network,* plus thousands of miles of state and local roads. The program will be the largest public-works project in history, dwarfing the construction of the Roman road system and the Great Wall of China. The interstate network will reach into every corner of the U.S.-75% of it over new routes-to link 42 state capitals and 90% of all cities with more than 50,000 population. It will carry a fifth of the nation's traffic, provide vital defense routes...