Word: basic
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Dates: during 1960-1969
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...bonds every five years or so would create endless headaches for home buyers and builders of schools, roads and factories. Variable interest rates would amount to a recognition that lenders expect continued inflation. That in itself could explosively aggravate the nation's inflationary psychology, which is the basic problem. In the long run, the U.S. simply cannot have healthy long-term capital markets in the midst of inflation. The need to ensure a continued flow of long-term money into houses, schools and other public facilities is thus one of the most important reasons why curbing inflation...
...crucial legal issue involves Section 203 of the recently enacted Military Procurement Bill. That section forbids the Defense Department, beginning next fiscal year, to fund any research not having "a direct and apparent relationship to a specific military function." Thus, future Defense funding of the Cambridge Project-which involves basic rather than applied research-would seem to be illegal...
...Defense Department may very well try to thwart the intent of this law-i.e., limiting the military's influence in American society-by claiming that even basic research is directly related to "a specific military function." John Womack Jr. 59, assistant professor of History and a member of the anti-Project minority on the Brooks subcommittee, said Wednesday that Harvard involvement in the Project "may amount to collusion" with the Defense Department in circumventing Section...
...conceptions of theatre on a university level. Sarah Hyde, who was acting with the Royal Shakespeare Company for the past two years, attended many of these rehearsals and has interviewed the director in the hope that those who see the production will be more informed as to its basic aims...
From this basic premise I tried not to enforce anything but hoped that the production would grow out of the actors; had I worked with a different cast, it would have been an entirely different production...