Word: walls
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Dates: during 1960-1969
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Strength of Reality. Whatever lies beyond, the new eschatology may make it harder for some people to face death. Says the Rev. Kevin Wall, prior of the Dominican House of Studies in Berkeley, Calif.: "Those who hold myth-convictions are better prepared to face death with equanimity. It is more difficult for the rationalist to contemplate death." German Protestant Theologian Dorothee Solle believes that "emphasis on this world means an intensification of the death experience. The new theology says that life is definite, not indefinite, that our chances are limited...
Into the Water. It was at Monaco that Italy's world champion, Alberto Ascari, drove straight through a sea wall into the Mediterranean (luckily, he could swim); that Rudy Caracciola suffered the leg injury that left him a cripple for life; that Luigi Fagioli crashed and died. Last week 16 cars and drivers took the starter's flag, and only six finished the race. Among those who did not: Scotland's Jimmy Clark, the 1965 Grand Prix champion, who smashed into a retaining wall and walked away...
...Montgomery Ward & Co. scotched weeks of Wall Street rumors that it was a ripe-and-ready takeover target by announcing plans for an acquisition of its own. Robert E. Brooker, chairman of the Chicago-based retailing and mail-order giant, said Ward would buy Los Angeles' MSL Industries Inc. for some $90 million in securities as a first step toward building "a substantial manufacturing complex." MSL last year rang up $116 million in sales of industrial fasteners, plastics and other products, earned $6.4 million-which is just the sort of tonic Ward can use. Suffering from tight pressure...
...Alfred, solved his management problem painfully. After losing $763,155 in 1961, he decentralized his operations, surrounded himself with youthful aides (the average age of his five senior vice presidents is 43), began training second-echelon executives because "there's no place for us to steal talent from." Wall Street has responded to Levitt's resulting 20%-a-year growth by lifting the price of Levitt & Sons stock on the American Stock Exchange from a low of $4 a share in 1963 to $24.88 at week's end. His own 66% holdings are worth $50 million...
...Italy. A good many of the scenes are merely blackout sketches, some as brief as a minute: a beautiful girl stares wistfully at a bridal gown in a shop window; the camera pulls back to show her nun's habit. A group of starving peasants gaze at a wall poster reading "Help India." An inquiring reporter asks a man without TV what he does to amuse himself...