Word: ets
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...King and Queen of Siam were on hand for the first luncheon. President Herbert Hoover spoke from Washington. Even in the chauffeurs' waiting room, champagne flowed. Mr. Bagby's Musical Mornings were scheduled in the ballroom (Kirsten Flagstad, Giovanni Martinelli, et al.). Thus, 30 years ago, the new Waldorf-Astoria opened on Manhattan's Park Avenue, setting a tone of stately, if slightly too chromium-plated, elegance that lasted nearly into the days of Hiltonization. This week, for the first time since the Waldorf debut, a new hotel opened in Manhattan, but the atmosphere was different...
Ever since the resignation of Chrysler Corp. President William C. Newberg a year ago on conflict-of-interest charges (TIME, July 11, 1960 et seq.), the directors of the nation's third biggest automobile company have been knocking on corporate doors across the U.S. seeking a new president. Last week, in a move that caught Detroit by surprise, the Chrysler board called off its hunt for an outsider and turned inside to tap Administrative Vice President Lynn Alfred Townsend...
...Stadium, a team of oldtime Yankees, including such gone greats as Bill Dickey, Allie Reynolds, Charlie Keller, and Lefty Gomez, takes on a mixed bag of former Brooklyn Dodger and New York Giant stars: Pee Wee Reese, Jackie Robinson, Mickey Owen, Ralph Branca, Bill Terry, Frankie Frisch, Bobby Thompson, et...
Last week, to celebrate the 70th anniversary of Rerum Novarum, Pope John XXIII issued his own social encyclical, a message firmly oriented toward the new problems of the mid-20th century. Titled Mater et Magistra (Mother and Teacher) and addressed broadly to "all Christians," it is 25,000 words long-probably the longest encyclical in history-and ranges farther and wider than either of its two predecessors. It is also more polished; John and his advisers have been tinkering with it for many months, and its publication was reportedly delayed several times for last-minute changes...
...Mater et Magistra takes careful measure of the massive power that science and technology have given the state to raise living standards and increase social welfare. It also warns the state of the danger this power carries to restrict the freedom of the individual. The state must therefore be careful to protect "the right that individual persons possess of being always primarily responsible for their own upkeep and that of their own family, which implies that in the economic systems the free development of productive activities should be permitted and facilitated...