Word: boarding
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Dates: during 1960-1969
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...mixed in the new junior high are twelve-and 13-year-olds from four disparate parishes: a black ghetto, a largely middle-class white neighborhood, a Mexican-American neighborhood and a Japanese community where the school enrolls many Buddhists. Similar consolidations have been suggested by a new archdiocesan-education board in Chicago, where ethnic parish lines sometimes place poorly utilized schools within a few blocks of each other...
...Boring Boards. The problem is that the Journal staff is suddenly being called upon to work harder at the paper's original reason for being: covering financial news. This may include intriguing stories about corporate competition and executive politics. More often, however, it involves checking out public relations handouts, tabulating financial statements and reporting boring board meetings. Journal reporters handle such items not only for the paper but also for its Dow Jones financial-news wire, which is facing serious competition for the first time. A similar wire opened last year by Reuters claims some 600 clients...
...formation of more such ministries. Previously, an elderly vicar could hang on to his parish even if no one ever attended his services. Now he can be compelled to join a group ministry or be packed off into retirement. The pastoral measure also establishes a ten-man advisory board to determine what churches should be demolished, preserved or put to some other use. Even this new concern, however, has not entirely erased the melancholy over the decay of England's country churches. "An empty country church," says the Rev. Philip Goodrich, vicar of a commuter-belt church near London...
...start it. New York's Morgan Guaranty Trust Co. took the reluctant first step. The bank is, after all, well attuned to credit pressures. A leading corporate lender, it was one of the banks most severely squeezed in the "credit crunch" of 1966. This time, the Federal Reserve Board's policy of gradual "disinflation without deflation" has kept U.S. banks at some distance from anything like the 1966 crisis. Though forced to pay interest as high as 81%, the banks have been able to bring home some $2.4 billion in "Eurodollars"-or about one-fourth...
Whether problems are created on the drawing board or crop up during manufacture, human error is almost always involved. Auto executives privately complain that today's assembly-line workers, who earn $5.50 an hour in wages and fringe benefits, tend to take less pride in their jobs than their elders. American Motors had to recall 750 cars over the past year because workers carelessly installed the wrong alternators, which did not generate enough current to keep the batteries fully charged under heavy loads. To overcome lax workmanship on the production line, G.M.'s Buick Division not long...