Word: homer
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Dates: during 1960-1969
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...Metropolitan Museum buys Rembrandt's Aristotle Contemplating the Bust of Homer for $2,300,000 at public auction...
Federal District Court Judge Homer Thornberry was one man who profoundly sympathized with Judge Clement Haynsworth after the Senate rejected the South Carolinian for the Supreme Court. In a sense, Thornberry had been there himself. Lyndon Johnson nominated him to replace Justice Abe Fortas on the theory that Fortas would be moving up to Chief Justice on Earl Warren's retirement. Thornberry is depressed by Haynsworth's rejection. "Haynsworth was unacceptable because he is a conservative Southerner," Thornberry tells friends in Texas, "not because he's unethical." Then he adds: "The fight is gone from the Senate...
...crisis has been long building. In a current book, The Price of Money, Sidney Homer and Richard Johannesen date the bear market in bonds from 1946, when high-quality corporate debentures sold at interest rates of 2.45%. But the rise in rates and the concurrent drop in bond prices have speeded up enormously since the current inflation began in 1965-and especially this year. Last week, for example, the New Jersey Turnpike Authority sold $137 million worth of bonds at a tax-free interest yield of 7%, compared with a 5⅞ yield on bonds that it had sold four...
...share in the revenues or profits. These expedients are not available to home buyers or local government units that must sell bonds, and some authorities think that much more radical changes in the markets will be required if they are to raise the cash that they need. Sidney Homer and Economist Henry Wallich, among others, have seriously suggested that mortgage and bond issuers may have to pay variable interest rates tied to movements in consumer prices. Some experts also expect a swing from long to short-term financing. There are signs of that happening already. Executives of Hawaiian Electric...
American Painting: From its Beginnings to the Armory Show by Jules David Prown; The Twentieth Century by Barbara Rose. 269 pages. 2 vols. Skira. $50. How and why American art developed from West and Copley through Homer and Ryder to Pollock, De Kooning and Warhol. With anecdotes about each painter, these companion volumes provide a wieldy and informative analysis of art technique in relation to the nation's history...