Word: weir
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Spotty Spotters. But some thought that total freedom was unwise. "Most college freshmen, at 17, aren't secure enough to tolerate the absence of intellectual con trols without anxiety," said Psychologist Weir. Added Caltech's George Beadle: "Isn't there a fallacy in complete freedom? Most of us have to have a push to get things done." M.I.T.'s Soderberg: "Since our students are relatively immature at the beginning of college, completely unrestricted freedom probably can't be applied until the third year...
...spot the budding genius in time? Ideally, said Weir, it should be done at the secondary level. But this is often impossible because, of 22 or so schools in the U.S. that train teachers to handle ex ceptional children, all but two schools are interested in training them for "the exceptionally handicapped, rather than the exceptionally bright." Added Caltech's Frederick Lindvall: "There's a stigma attached to being called a brain. The athletic department is much more successful than we are at singling out its exceptional students...
Businessmen will probably soon have to take into account a new cost factor: an increase in the price of steel. The increase will be based on 1) inevitable wage boosts and 2) the need for cash for expansion. Last week Ernest Tenner Weir, chairman of National Steel, fifth biggest producer, touched off the campaign for higher prices...
...cost of reproduction, which he estimates at $187 a ton, yet "it is on these bases of value that the steel industry is now showing its earnings and paying its dividends." Citing National Steel's own 1,000,000-ton expansion program, which will cost $650 million, Weir pointed out that his company could expect to sell only $400 million worth of securities to finance the job. The additional $250 million must be saved out of earnings during the next five years-at the rate of $50 million yearly-but steel prices are not high enough...
...other companies, which produce 69% of the nation's steel, are well aware of the difficulties of raising expansion capital, he said, but "unfortunately their influence in the direction of steel industry policies is a minority one." Weir called on steel management "to quit being behind and show real leadership. The real fact is that the earnings of the steel industry are not equal to its financial necessities. In the final analysis our country must have steel and no excuse will be taken...