Word: builders
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...Reluctantly signed into law Congress' $1,990,000,000 omnibus housing bill. His principal objections: builder-inspired provisions that 1) permit inflationary lower down payments, e.g., $300 instead of $700 on a $10,000 house, on home mortgages insured by the Federal Housing Administration, 2) boost the Administration's original housing budget by 104% to almost $2 billion. The President noted that the added spending was not mandatory, implying that he might take his time putting the new law into full effect...
Your July 1 cover story, "The Temple Builder," provides a record and an insight to the thinking of our Supreme Court which every literate American should read. The court's recent decisions are terrifying. Did Khrushchev and Chou En-lai sit in on those historic decisions? If not, they were well represented (except for Tom Clark, who recognized the "clear and present danger...
...Promoter. Whatever the personal profit made on the water deal (some say $100 million, others $6 million), the parallel fact was that Harry Chandler placed his faith in growth. When, shortly after World War I, Times Reporter Bill Henry brought a young, Brooklyn-born plane builder in to see the boss, Chandler's eyes brightened. Donald Douglas, Reporter Henry explained, had worked for Glenn Martin on planes for the Army and Navy; now he wanted to open his own aircraft factory in Los Angeles. Said Chandler: "I don't know much about either aviation or Mr. Douglas...
...Equal rights for civilized men," was Empire Builder Cecil Rhodes's 19th century formula for peace between black and white in Africa. It promised the black nothing immediately, but gave him a future hope. Now the South Africa where Rhodes made his fortune seeks to deny the blacks even a future claim to equality. To the north, in the lands named for Rhodes, South Africa's course is viewed with foreboding, but Rhodesia's own halfway house is an anxious place. The tendency among the frightened and the angry is to find ingenious definitions of "civilized...
...boats at Alamitos Bay, hopes to, have it finished by 1960. In the Puget Sound area half a dozen new marinas are abuilding, including one $500,000 anchorage at Roche Harbor with a special customs-immigration office to speed Canada-bound yachtsmen on their way. Marina Builder Charles A. Chancy, who has built some 400 since 1935, currently has 50 projects on his books, including a mammoth $14 million marina at the north end of San Francisco Bay, with docks for 1,800 boats and moorings for another...