Word: worth
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Dates: during 1950-1959
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...Justice Department official explained the reasoning behind the Administration's policy. "From my experience in the law," said he, "it is well worth taking some time to prove you are legally right before going ahead. If we take a little time to do it right now, we will save years in the long run in carrying...
Broadcaster Murrow does not practice the objectivity that Policymaker Murrow preached. He could be accused of using the word "objectivity" sloppily. For, like any other journalist worth his salt, Murrow concedes that, for all the lip service paid to it, there is no such thing as true objectivity in handling the news. The job, as he sees it, is "to know one's own prejudices and try to do the best you can to be fair." He admits to open violations of the CBS policy, notably in some sharply partisan See It Now shows on civil-liberties issues...
...with Asian flu." Only in Mississippi, with 24,600 cases, was there evidence of an epidemic, but other states may not be far behind. Most strongly affected so far were schools. At the University of Colorado, 670 students (out of 9,733) were bedded. Texas Christian University at Fort Worth estimated that 700 students out of 5,400 were down with flu; many high school football games all over the state were canceled...
...tight money finally beginning to ease? Last week the fact that the Treasury's twelve-year bond issue was oversubscribed nine times was a clear sign to some Wall Streeters that it is. To the surprise of the Treasury, there were $4.6 billion worth of takers for the $500 million in long-term bonds, with the result that large investors had to be rationed to 10% of their requests. Only three months ago former Treasury Secretary George Humphrey told the Senate Finance Committee that he doubted whether the Government could sell a long-term bond. Having done...
...list, nobody could take away the astonishing success carved by Revson. Last week he estimated 1957 Revlon earnings at between $3.35 and $3.50 a share on sales of $90 million, up from $3.14 a share last year. With his brother Martin, executive vice president, Charles Revson owns 950,000 (worth $25 million) of Revlon's nearly 2,670,000 shares (Senior Vice President Charles Lachman, who is represented by the "l" in Revlon, owns 525,000). With that much financial stake in his own company, Revson expects a lot from Madison Avenue. Small Warwick & Legler (1956 billings: $14.5 million...