Word: accountability
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Dates: during 1970-1979
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...dilemma of this University is that you can't police the Harvard area without going onto Cambridge streets and Cambridge's jurisdiction, as opposed to other colleges, where the campus is closed and confined," Shannon says. The apparent rise in violent crime in the Cambridge area appears to account for the overall crime increase registered on the Harvard police computer, because the incidence of crime on Harvard property registers a decline on the same set of statistics...
...according to the account given by Assistant District Attorney Thomas Orloff, Newton was riding along in a new Lincoln Continental, when he was accosted by a group of prostitutes. One of the prostitutes called out something like "Hey, baby!" Newton jumped out of the car, Orloff says, and began arguing with one of them, Kathleen Smith, 17. The others ran. When they heard a shot fired, they turned back and saw Smith lying on the ground, shot in the head. The girl lingered in a coma for 96 days before she died...
...dollar's tribulations are focusing further attention on the trade problem with Japan. A main cause of the dollar's weakness is the U.S. trade deficit, which may run to more than $30 billion this year; the deficit with Japan will account for almost half of that. Economist Otto Eckstein of Data Resources Inc. in Lexington, Mass., last week declared that what is really needed to restore the dollar's health is "quick and dramatic relief from Japanese imports." In trade, says Eckstein, the Japanese "have done nothing for us." The Japanese, for their part, argue vehemently...
Because the PAT plans are costly and complex to run, especially for smaller banks, the future may well lie with the simpler system of negotiable order of withdrawals, or NOWS. Here a customer need only open a single savings account and when he wants to pay a bill, write a withdrawal order: a draft that looks like a check and can be used...
...putting the money in bank certificates of deposit paying around 9% interest. Such profits on even the most efficient farms are too meager to interest big corporations. The fears that the family farm would be taken over by "agribusiness" have proved unfounded. Corporations with more than ten stockholders account for less than 2% of U.S. farm sales. Even farms large enough to incorporate themselves generally operate as a family affair?emphatically including Pat Benedict's. His farm, like many others, has been incorporated only to save on estate taxes for his heirs...