Word: phantoms
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Dates: during 1950-1959
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...campaign strategy of Adlai Stevenson, phantom candidate for the Democratic presidential nomination (TIME, Oct. 5), was sadly reaffirmed by another Democratic hopeful, who went to Stevenson to ask for his endorsement and anonymously told about the outcome last week. Adlai replied that 1) he would endorse no one, at least not until after the presidential primaries; 2) he will not withdraw his own name from speculation, but 3) he will make no overt effort to obtain the Democratic nomination. In Cheyenne, Wyo., Democratic Pacemaker John Kennedy tut-tutted such coy stratagems. Said he: "The primaries are going to be decisive...
...most important auto show. So eager were Frenchmen to see the new cars that Paris hotels were booked solid weeks in advance. What they saw were cars ranging from Italy's tiny $1,070 Vespa Deluxe to Rolls-Royce's most expensive model, the $26,000 Phantom V, designed for "important guests and executives," with a TV set, figured French walnut woodwork and air conditioning that adjusts automatically. There was also a multifuel engine, designed for trucks and military vehicles, that Britain's Rootes Group claims will run on "anything from lighter fuel to Scotch whisky...
...told, it lent Jasper $21.2 million of its currently estimated $40 million in assets, some $10.3 million without any security. To get around a law requiring that building societies list separately every mortgage over $14,000, Jasper and the Building Society set up a string of more than 451 phantom companies with such freewheeling names as Snowfleck, Pantic, and Vagid, lent them each something under...
MCDONNELL AIRCRAFT CORP. will get new contract for more than $100 million from Navy for Phantom II jet fighters, a carrier-based supersonic (Mach 2 plus) plane...
...India labeled the plan a "distribution of poverty," and Frank Moraes, well-known editor of the Indian Express, called it "a cowardly alibi for collectivism." Critics raised the specter of farm collectives and feared India was headed toward the "communes" of Red China. Nehru at first railed at these "phantom fears," then grew more bitter, finally snapped: "Well, if it comes to Communism...