Word: accounting
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Dates: during 1950-1959
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...Armada, by Garrett Mattingly. A clear, exciting account of one of history's most crucial and inept naval campaigns, and of the stormy political climate in which it was fought...
...received a pillared shrine in Lincoln Cathedral. In 1791 the tomb was opened by the president of the Royal Society. Inside was "the complete skeleton of a boy, three feet, three inches long." For years, on a plaque above the tomb, visitors to Lincoln Cathedral could read a full account of the story, softened only by a small postscript casting doubt on its authenticity. Last week the plaque disappeared. To replace it, a new version was being lettered: "Trumped up stories of 'ritual murders' of Christian boys by Jewish communities were common throughout Europe during the Middle Ages...
...Miami Beach there were opinions to fit every account. Said Louis E. Corrington Jr., president of Chicago's Southmoor Bank & Trust Co.: "Right now, money is the tightest I have ever seen it. It will be worse after the steel strike is over and companies start building inventories and go to the banks to borrow." Said Russell H. Eichman, vice president of Cleveland's Central National Bank: "If the steel strike requires a slowing up of auto sales, that in itself will automatically ease the tight money situation." Said Scott L. Moore, president of the American National Bank...
...whole governments and at the turn of the century all but controlled the financial destiny of the U.S. Morgan is still a name to conjure with. Its famed building at 23 Wall St. is known throughout the financial world as "The Corner." Said an international banker with an account at Alexander's bank: "When I cash a check abroad, they never look at my signature; they look at the name Morgan and cash it immediately...
IMPORT CURBS on Japanese stainless-steel flatware were ordered by President Eisenhower to protect U.S. producers. Japanese now account for 90% of all imports. New restrictions are aimed at cutting flatware imports from Japan to 5,750,000 dozen pieces; duties of 60% to 67^½% will be imposed on all imports in excess of that total...