Word: squalling
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Dates: during 1960-1960
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...always, his staff had primed Nixon with bits of local knowledge to toss off at opportune moments. Landing on the island of Kauai in a rain squall, he smilingly observed that Kauai legend holds rain to be a good omen. At Hilo, on the island of Hawaii, he mentioned not only the tidal wave that devastated Hilo last May but also the big wave that hit the city back in 1946. On Maui, he tried his tongue on some flattering words in Hawaiian: "Maui no ka oi"-roughly, "Maui is the best of all the islands...
...There appears to be justification for 'sensible' bullishness," reported Herbert H. Weitsman of L. F. Rothschild & Co. last week. This cautious appraisal illustrated Wall Street's changing mood. Only a month ago, traders sat in their storm cellars, waiting for the market squall that would knock stocks lower and lower. Since then, noticing patches of blue in the sky, they have gradually emerged. Most Streeters last week felt that the market was not going to take a hard fall, and may even be headed for a strong summer rally. Last week the market rose for the fifth...
Last week the Commons' rowdiest squall yet burst over Bomarc when word came from Washington that the U.S. Air Force, worried that Bomarc's test failures would delay its operational status until too near the end of the diminishing bomber era, proposed a sweeping switch in spending to other defensive hardware (see NATIONAL AFFAIRS). In the past, Diefenbaker had properly insisted that all Bomarc's failures were minor "nickel-and-dime" malfunctions, and pointed out that the U.S. was spending $500 million on it this year, while Canada had committed only $15 million for work...