Word: wellingtons
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...weeping. It was not worried about any downturn in the economy; instead it was suffering from frustrated optimism. The Street and investors throughout the nation seemed to have forgotten that the decade's growth would not be evident immediately. Said A. Moyer Kulp, vice president of the Wellington Fund, second biggest U.S. mutual fund: "The market has been too impatient. Men's minds just got things soaring too soon." Seldom in Wall Street's history had the turnabout from giddy optimism to pessimism been so abrupt...
Died. Clarence George ("Pete") Wellington, 69, longtime (since 1916) staffer of the Kansas City Star who rose to managing editor (1947-54) and executive editor (since 1954), received a rare accolade from onetime Star Cub Reporter Ernest Hemingway: "He taught me how to write"; of a heart attack, while on a Caribbean cruise...
...Complained. The man who fashioned this dramatic political triumph for Britain's Conservatives sports the languidly aristocratic look and the offhandedly arrogant air of a lordly old Tory of the style of Wellington and Disraeli. But behind the elaborately careless Edwardian manner that provokes both cheers and jeers for "Supermac" and "Macwonder," Harold Macmillan maintains a superbly efficient mastery of the political art of the practical. For all his proud Tory brows and mustache, Macmillan possesses an agile intelligence and free-ranging historical imagination that have enabled him to adjust cheerfully to the limits of Britain's present...
Refill. In Wellington, New Zealand, an anonymous blood donor called on Dr. John Mercer to donate a pint, was pronounced anemic, left with a pint more blood than when he arrived...
...London was talking about the revolt of the 20-year-old Guardsman of No. 1 Company, Coldstream Guards,* who bore the appropriate name of Victor Footer. He steadfastly denied that he had intentionally kicked the woman, even though she was "sniggering" at him. But he was marched off to Wellington Barracks and charged with "irregular conduct while on sentry-go" and with being "extremely idle"-a brigade term used to cover anything unbecoming a guardsman. By the time Footer got his ten days CB (confinement to barracks), he was a national hero...