Word: bank
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Dates: during 1960-1969
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...First adopted in the U.S. by the city of Los Angeles in 1903, the recall has been used to topple two mayors there and to unseat city officers elsewhere. Only North Dakota has ever ousted a Governor-Lynn Joseph Frazier, in 1921, because of a bank scandal. The same electorate sent him to the U.S. Senate the very next year...
...meeting a girl. In London there is a footbridge with railroad tracks across the Thames which runs between Charing Cross and Waterloo stations called the Hungerford footbridge. On the Charing Cross side there is a dock. To one side are the Victoria Embankment Gardens, to the other the South Bank Gardens. These Gardens are full of flowers, and also serve as a playground for children, who are "rocking horse people." If you were on the river in a boat, the flowers would be overhead. A few blocks away is Trafalger Square, which has fountains. We have already determined that...
...final clue to the girl's location would be if there was a bank on that side of the river. This is derived from the title: Lucy in the Sky with Diamonds, which is anagrammatic for Lsd, which stands for pounds, shillings, and pence, which implies a bank. (We are indebted to Mr. Peter Stansky for this observation.) Unfortunately, my map of London does not show banks...
...Feed Itself. Partly responsible for ADB's go-slow approach to loans is the task of getting to know its far-flung customers-and vice versa. To accomplish this, the bank offers technical assistance where necessary, as well as surveys of its findings, including a recent study of food problems facing Indonesia and South Korea. Watanabe's pragmatic belief, which is reflected in such projects as the Thai loan and the Filipino study, is that "the region's first concern is feeding itself...
Perhaps the biggest stumbling block for ADB is its 61% interest rate, which reflects the world's tight-money markets. For struggling member-customers like Nepal, the rate could prove prohibitive. To offset this and make money more attainable, the bank is creating a special loan fund that promises to benefit both donor and recipient. The borrower would get his money at reasonable terms in exchange for agreeing to buy from donor countries the supplies for the projects involved. Canada, Denmark and Japan have promised contributions to the special fund, but its success may well depend on U.S. participation...