Word: watt
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Dates: during 1960-1969
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...once-moribund development is losing its scars under the bold doctoring of Los Angeles-based R. A. Watt Co. Inc., a Boise Cascade Corp. subsidiary that ranks among the nation's five largest residential builders. Since taking over the place a year ago, Watt has renamed it New Bellehurst, refurbished many of its wrecked houses, redesigned others, sold 116 homes for $4,500,000. Having risked $21 million to buy the property out of receivership, Watt expects to wind up in a few years with a tidy profit and a stylish $48 million community of 2,000 homes...
...become increasingly enticing because building can start at once, and there is no need to tie up capital in land inventories. But one after another, builders looked at the wreckage of Bellehurst and declined-even after Long Beach Federal S & L settled its fight with the bank board. Finally, Watt hired a computer, made 31 separate runs over the possibilities of profit and cash return, and decided to take the gamble. Since then, the company has also announced plans to take over the unbuilt portion of a grandiose Middlesex County, N.J., project that went into receivership five years...
...next morning to discuss what they considered to be the most important result of the Caucus--the formation of a committee to keep this new voice alive. Representatives from about 25 institutions met to form a Cambridge-based Committee of Concerned Asian Scholars, chaired by Professor John R. Watt, who teaches Chinese history at MIT. The Committee will publish a news-letter, draw up a statement commenting on the Tuxedo Park Statement (a "moderate" position paper by 14 prominent scholars), disseminate information to Congress, and generally "start publicizing the growing concern over Asian affairs and make ourselves known as consultants...
...MEETING of the new Committee, Professor Watt said of the Philadelphia Caucus: 'This is the first time that Asian scholars have gotten together to express their political views in a meeting instead of in private. We should have had such a meeting four years ago. We've had one now." The other activists agree with him. One of them said: "In the past it's been the Milton Sachses and those who signed the Tuxedo Statement who have spoken for Asian scholars. We're changing all that. We're showing that we can get 'wrought...
...Freedom Machine, as Uncle T calls his show, began more than a year ago when some friends at M.I.T.'s 18-watt WTBS asked him to come over and play some of his 7000 records. Soon after, the more powerful (20,000 watts) WBUR gave him a three-hour chunks of their broadcast...