Word: ets
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...mathematicians, TIME et al. couldn't pass a seventh-grade arithmetic test. "Over the past ten years M.I.T.'s gain: 365%. Thus $1,000 invested in M.I.T. shares ten years ago would be worth $3,650 today.." You get zero on that one. My twelve-year-old says to tell...
...through Europe, televiewers watched Geneva's week-long series of ceremonies, commemorations and rededications. High point for Genevans was Switzerland's first "Son et Lumière," a $60,000 pageant of colored spotlights and tape-recorded voices that ranged all over the Reformation Monument, the university and the old city walls to illustrate with real-life details the story of the Great Reformer...
...RELIEF for shareholders getting stock under antitrust divestiture decrees will be favorably considered by Justice and Treasury Departments in hope of speeding settlement of Du Pont-G.M. case (TIME, June 27, 1957 et seq.), aiding in overall antitrust enforcement. But Treasury and Justice oppose as too liberal bill to free Du Pont stockholders from paying regular income tax on G.M. stock when they receive it, require only payment of lower capital gains tax rate when G.M. stock is sold...
...ducked perhaps the hottest issue involved in the railroads' financial difficulties: union featherbedding. After reporting that conductors, brakemen, engineers, firemen, et al. in 1958 worked on the average only 57% of the hours for which they were paid, against 64% in 1947, the commission lamely concluded that "railroad work-rules and certain full-crew laws may unjustifiably involve uneconomic use of labor," said that a further "comprehensive review of labor-management relations is required...
...American past, suggesting that only yesterday Horatio Alger was king. "Status striving" to him seems to be a modern menace, and he writes of it with scant mention of Thorstein ("conspicuous consumption") Veblen or of the massive, fascinating and often exhilarating social climbs described by Balzac, Stendhal, Jane Austen, et...