Word: downwards
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...Form groups of from six to eight men. Sling rifle from the shoulder, muzzle downward, and raise hands aloft...
Most unusual boat: a Higgins Industries, Inc. $17,000, 42-foot, Eureka model offshore pleasure cruiser. Eureka has a spoonbill bow with wood strips diverging downward to drive a cushion of spray under the hull. The tunnel-stern (fashioned after the belly of a sulphur-bottom whale) houses the screw, which is protected below by an extra heavy skeg, a solid metal, keel-like extension of the hull. Purpose: to enable the boat to crunch through driftwood, bounce over logs, hurdle narrow land spits, climb a beach and land a party dry-shod, wham up on a sloping concrete...
...this paradox possible? The answer lies in the nature of the endowed institution. Harvard does not live on its endowments but on the interest which they earn. Thus, as the interest rate falls its income dwindles proportionately; so that to maintain income at a stable level, the downward trend of the interest rate would have to be offset by a proportional growth of endowments. And unfortunately there is little hope for endowments to increase: steeply progressive taxes prevent the accumulation of fabulous fortunes, and low interest rates discourage donations of large capital funds. The endowed college is hemmed...
...John implied that the already crushing British income tax, which long ago ceased to be purely a "soak-the-rich" proposition, will have to be extended downward from the white-collar to the soiled-collar class. Britain is spending half her national income on the war, the Chancellor warned, yet even with armament plants going full blast 1,400,000 workers are still unemployed. Sir John, with typical British forthrightness, declared that a war of this magnitude cannot be fought on any easy assumption that it will not depress the existing standard of living in Britain and elsewhere...
Although he finds The Committee of Eight's personnel recommendations generally excellent. Marshall H. Stone '23, associate professor of Mathematics, writing in this week's The Nation doubts the effects on undergraduate teaching of the downward shift in age-distribution in the permanent Faculty ranks...