Word: bank
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Dates: during 1960-1969
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...collecting TIME autographs since the Jimmy Byrnes man-of-the-year cover in 1947, writes us triumphantly that he now-after many delays-has rounded up all twelve. One of the difficult ones to get, he reports, was who was then vice chairman and is now president of the Bank of America. Peterson was one of the 21 "American capitalists" who made the Moscow trip, and Khrushchev, too, found him an amiably deliberate fellow...
During the final hours of debate, South Dakota's Republican Senator Karl Mundt introduced an amendment that would have prohibited the use of the Export-Import Bank to guarantee Russian payments to commercial traders in the U.S.-Soviet wheat deal. That threatened to throw the aid bill or the wheat deal-or both-back into a welter of confusion and conflict. Only under the urging of both Senate Majority Leader Mike Mansfield and Minority Leader Everett Dirksen did Mundt finally agree to withdraw his amendment and to submit it later as separate legislation...
...smacks the ball at an illuminated picture of a fairway, 17 feet away. Elapsed time between the sound of club on ball and the ball's impact on screen enables the computer to calculate length of drive and probable roll within five yards. One of a bank of 30 lights behind screen is activated by ball and shows on screen as ball actually landing on fairway. Player presses a button and another picture appears taken from approximate position of ball. Player squints at the flag, picks his club, and swings again. On reaching the green, player putts into real...
...efforts to aid Latin America. The Alliance is ineffective, he argued, because it is improperly managed; in other words, the United States Agency for International Development mishandles the billion dollars a year that the Alliance funnels into Latin America. He called for the establishment of an inter-American fund bank to replace the Alliance. This bank would be financed largely by the United States, but its direction would be entirely Latin. "Today, and each day more so," Goulart stated, "Latin America should present to the world a united, solid cohesive front in the collective defense of our common interests...
Other articles include a discussion of the City Council by Boston Globe reporter James S. Doyle; an often obscure report on New England railroad mergers by Richard D. Hill, vice president of the First National Bank of Boston; and an appeal for a Boston opera company by Sarah Caldwell, who is well-meaning but too shrill in her enthusiasm...