Word: prosperous
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Dates: during 1960-1969
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Remember Judge Roy Hofheinz? He's Houston's one-man answer to P.T. Barnum, William Zeckendorf and Clint Murchison-the developer extraordinary whose projects always seem to start with a thud, then prosper with a vengeance. His Astrodome, for example. Hailed as "the Eighth Wonder of the World," the air-conditioned stadium began with a clear plastic roof. Baseball players lost fly balls in the glare, so the dome was painted. Then sunlight could not reach the grass, which withered, so artificial turf was laid down. Now everybody is happy...
...such an electric climate, anti-war feelings didn't prosper. The Harvard Pacifist Association counted 14 pious members, all Quakers and Jehovah's Witnesses. Even they did their best to contribute, as conscience and beliefs would allow--the CRIMSON noted with grudging approval, "They have offered themselves as subjects for study to psychologists who have been invited to attend their meetings...
...nation. In his speechmaking, the President touched frequently on the myriad crises that have overtaken his ill-starred Administration. He emphasized the "urgent" need for enactment of his 10% surcharge on income taxes and for the adoption of "a program of national austerity to ensure that our economy will prosper and that our fiscal position will be sound." For the first time, he came out with a warm endorsement of the Kerner Commission report on last summer's riots. Having previously all but ignored the commission's exhaustive assessment of the racial crisis, the President somewhat defensively declared...
...certain consistency. If history is any guide, stocks will rise and fall along with three fundamental factors: 1) the overall health of the economy, 2) the state of corporate profits, and 3) the availability and cost of money. Investors who have faith that the nation will continue to prosper still feel comfortable about the future of common stocks...
...Saunders was maneuvering so skillfully toward merger, an unexpected problem arose: the New York Central began making noises about backing out of the deal. Elated by rising profits in 1966, Perlman announced that the Central appeared to be "recession-proof" and might not have to merge in order to prosper. Saunders paid calls on Central directors, pointed out that their line, unlike the Pennsy, was not widely diversified; he warned that a dip in the general economy would cause the Central painful headaches. Last year's mini-recession proved Saunders right. Rail returns for the less diversified Central during...