Word: afforded
(lookup in dictionary)
(lookup stats)
Dates: during 1960-1969
Sort By: most recent first
(reverse)
...fact is that the New Haven, like any other company that is losing money, cannot afford to stay in business. In 1962, six months after three trustees had been charged by the U.S. District Court with determining whether the railroad could be reorganized and maintained under private management, they reported that the source of the New Haven's trouble was its passenger deficit. Every railroad in the country loses money on its passenger operation, but the cause of the New Haven's special problem is its extremely high ratio of passenger service to freight service; one of the smaller roads...
...ninth and final ICC hearing is scheduled for January 31 in Washington (there is one in Boston on January 17). Chances are considered fair to good that the New Haven's application will be approved, providing the railroad with an ultimatum that the states can no longer afford to ignore. Relieved of any legal obligation to provide an unprofitable service, the New Haven will be unmistakeably recognizable for what railroads in this country--although not in Europe--still are, a private enterprise. It would be surprising if bailing out the New Haven did not become a top priority issue...
...votes"-a nearly accurate reference to the scandal-tinged 1948 Texas senatorial primary in which Lyndon squeaked through by 87 votes. The President protested: "You haven't been here six hours, and you've already taken one vote away from me." Retorted Wilson: "Mr. President, you can afford to lose one vote...
...California, his father finally bestowed his blessings. Drafted in 1954, he toured Europe as conductor of the Seventh Army Symphony. "I conducted every day for a year," says Lewis, "an opportunity few conductors get. It was a time to make all the mistakes, a luxury you can't afford when you're conducting a major symphony. The fact that I'm at La Scala now I probably owe to the Seventh Army...
...Sword's Other Side. Prosperity will bring the Government an extra $8.5 billion in tax revenues in the next fiscal year, and that means the U.S. can afford to boost its total federal spending by $8.5 billion without causing significant inflationary pressure. If spending bulges much higher, the economists can fight inflation by brandishing the other sides of their Keynesian swords. Though Keynes spoke more about stimulus than restraint, he also stressed that his ideas could be turned around to bring an overworked economy back into balance. Says Walter Heller: "It should be made entirely clear that Keynes...