Word: availability
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Dates: during 1960-1969
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...delight of my fellows, he began to push my chair out the back door--to little avail. Next he picked up my briefcase and said, "Come with me." As he was nearing the back of the room I called, "I'll sue you if you lose that." In despair he waddled off to fetch the Lieutenant...
...direct result of the gold emergency, the Federal Reserve Board has already raised the discount rate-the interest that Federal Reserve banks charge member banks to borrow money-from 4½% to 5%. That increase will make loans less avail able-and more expensive. Very shortly, people seeking a bank loan for a car, a trip or a color TV set will probably find that it is costing them more in interest than it would have last week; those with less than gilt-edged credit ratings may find it impossible to borrow from a bank. The same principle applies...
...Since then, he has not been seen. For a while, he was allowed to play chess over the phone with a friend in Peking, but then the phone was cut off. Foreign diplomats try to peer through the gate in the high wall surrounding his house but to no avail...
...Protesting fines slapped on Warsaw University students for demonstrating against the ban, some 3,000 students paraded through the downtown campus for two days shouting slogans. The government's answer: truckloads of helmeted militiamen, who used truncheons and tear gas to try to subdue the demonstrators. To no avail. At week's end, the students took to the streets again...
...added his voice to those demanding that the London gold pool be closed, and that the U.S. limit its $35-an-oz. sales of bullion to the settlement of debts with other countries. That "selective convertibility" recipe stops short of outright dollar devaluation be cause some gold would remain avail able at today's price. It would also keep U.S. gold losses to a minimum. The free-market price of gold would un doubtedly soar, but that at least would promote mining and hinder future spec ulation. Raising the price of gold would require authorization from Congress, a process...