Word: allowables
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Dates: during 1960-1969
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...Mediterranean to stay. In Red Star, the organ of the Soviet Defense Ministry, Vice Admiral Nikolai Smirnov said it was "imperative for the Soviet Union, in the interests of security," to strengthen its fleet. The presence of Soviet ships in the Mediterranean, the admiral wrote, "does not allow the Sixth Fleet to carry out the Pentagon's designs with impunity and behave as unceremoniously as before...
...November FORTUNE, Herman Kahn, director of the Hudson Institute research organization, wrote that most experts in the West anticipated that, without Soviet intervention, Czechoslovakia would start trading with West Germany, permit the establishment of strong Western cultural influences, allow a "general atrophy" of the Communist Party and the eventual flowering of social democracy...
...Sheik Akif al-Faiz, Minister of Communications and leader of the largest Bedouin tribe, threatened to withdraw his support if the king used Bedouin troops against the fedayeen. Hussein, under pressure as well from Saudi Arabia, which subsidizes Jordan's budget, promised to lift the curfew and to allow the fedayeen to keep their arms. In turn, they promised to keep their armed men off the streets of Amman...
Belated Cooling. The stickiest task involves Nixon's campaign pledge to allow the 10% surcharge on federal income taxes to expire next summer-or at least to reduce it substantially. That promise may have made obvious political sense at the time, but the economic wisdom of cutting taxes is not nearly so clear. Only belatedly does the surcharge seem to be having the desired effect of cooling off the economy. As one piece of evidence that the tax is finally working, the Federal Reserve Board reported last week that the U.S. money supply grew by only 4.5% during...
...final version). A facsimile edition of Eliot's first draft, riddled with Pound's penciled comments, will be published in September 1969. Until that time, the draft, with other notes and the unpublished manuscript, will remain encapsulated: the New York Public Library has declined to allow scholars or journalists to do more than inspect (without taking notes) a few pages selected from its hoard...