Word: nathanisms
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...caught by surprise. Its executive committee had called for simple picketing. But the 375 students who voluntarily turned in their bursar's cards to the administration adopted four demands: no on-campus recruiting by Dow, the CIA, or the U.S. military, and no disciplinary action against the demonstrators. President Nathan M. Pusey '28 called the demands "simply a non-document" with "no status at all," and 81 undergraduates were put on probation...
...Died. Nathan Handwerker, 83, founder of Nathan's Famous, the Coney Island hot-dog emporium; following a heart attack; in Sarasota, Fla. Polish-born, Handwerker came to the U.S. in 1912 with $28 and much energy. He went to work in Manhattan as a delivery boy, moonlighting weekends at Feltman's, Coney Island birthplace of the hot dog. Encouraged by two singing waiters, Jimmy Durante and Eddie Cantor, Handwerker in 1916 took his savings of $300 and set up his own nickel hot-dog stand, slicing Feltman's price in half. The business grew into a multimillion...
...construction of the Nathan M. Pusey Memorial Library will not face a serious delay because of the on-going strike of heavy equipment operators in construction projects throughout Massachusetts, a Buildings and Grounds official of the library project said yesterday...
Recession is a dirty word to politicians and one that even economists use with some trepidation, partly because it is difficult to define precisely (see box next page). Nonetheless, five of the nine members of TIME'S Board of Economists -Otto Eckstein, Walter Heller, Robert Nathan, Arthur Okun and Joseph Pechman-declare that the U.S. economy is heading into a recession, one that cannot be blamed only on the direct effects of the fuel shortage...
...Several who had looked forward to an upturn starting at midyear now think it will be delayed until the fourth quarter. That will produce only 1% real growth or less-.3% says IBM's David Grove. But most cling to forecasts that unemployment will peak at about 6% (Nathan, an exception, guesses 7% or more) and that consumer prices this year will average close to 9% higher than in 1973. Though scarcely cheery, those latter predictions are little worse than those made a few months ago. The inflation forecast actually assumes some improvement: the Government reported last week that...