How can Google Docs Spreadsheet be prevented from expanding to the size of the cell contents?

Example:
--------
**The cell expands vertically to fit the cell contents:**

![enter image description here][1]


**The cell expands horizontally to fit the cell contents:**

![enter image description here][2]

**Would like to see something like this instead:**

![enter image description here][3]


  [1]: https://i.sstatic.net/xqyBQ.gif
  [2]: https://i.sstatic.net/MsVmL.gif
  [3]: https://i.sstatic.net/riOas.gif