Word: whitmans
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King's office itself is part of the non-literary side of the collection. A bust of Longfellow by a black woman sculptor graces her bookcase, and a stained glass window by Sarah Lyman Whitman, the first woman stained glass designer, is behindKing's desk...
...mundane ways, Americans like to look ahead. In Manhattan last week, long before anyone ate a turkey, a giant spruce tree from New Jersey was raised over the Rockefeller Center ice-skating rink. The Christmas season was already under way. In the Northern California lumber town of Burney, Don Whitman, 67, closed down his barbershop and his wife Edna locked her antique shop, and the two of them renewed a family tradition: cutting Christmas trees. "It's a happiness business," says Mrs. Whitman. "I imagine all the excitement and joy connected with every Christmas tree...
...dollar's decline was accelerated by hard-headed investors, primarily corporations and banks, that have been hedging their positions in money markets. "The line between hedging and speculation is pretty thin," says Whitman. Yet she believes that corporate moneymen will rush to buy dollars as soon as they become convinced that the U.S will stick to a clear-cut economic policy. In Whitman's view, the Administration's dollar-revival plan consists of one Band-Aid and one magic bullet. The move to big intervention-selling gold, buying dollars-will barely patch a scratch. But the shift...
Protectionist pressures may intensify because South Korea, Hong Kong, Taiwan and Singapore are becoming new Japans. Their advances have been nurtured by the West's aid, so it would be doubly tragic if the West tried to throttle them with tariffs and quotas. If protectionism bursts out, Whitman warns, "the worst casualties would be the least well-off countries. The industrialized countries would muddle through. But all economies would grow more slowly, and that would exacerbate the issue of income distribution. It's a lot easier to redistribute a growing pie than a stagnant...
...native optimism persuades Whitman that sense and sanity will ultimately prevail. She is hopeful that the world trade negotiations, now grinding slowly in Geneva, will reach a creative conclusion by their Dec. 15 deadline. Such talks are a classic chicken game, and nothing is ever decided until the last 24 hours. What happens in the final hours may well determine whether the world economy springs ahead or merely limps along in the 1980s...