Word: bonanzas
(lookup in dictionary)
(lookup stats)
Dates: during 1960-1969
Sort By: most recent first
(reverse)
...important to professorial prestige as the ability to teach or carry out the research once a grant is landed. The competition is keen and the potential prizes are well worth the effort: the Federal Government and private foundations annually present the nation's universities with a $5 billion bonanza in research money...
...sure, tough screening and accounting procedures help make certain that the bonanza is not a boondoggle; both the givers and the receivers of grants rightly insist that money invested in research has paid off a hundredfold in scholarly discoveries. Nonetheless, some educators are beginning to wonder about the impact of all that easy-come money on the universities. Salary, prestige and promotion depend upon a scholar's ability to probe and publish-which in turn often depends upon his ability to unearth research grants. "You need the federal loot to do the research to do the book...
...Head Shop, a hole-in-the-wall Lower East Side shop opened last year by Jeff Click, 25, and Ben Schawinsky, 27, who wanted "to do something legal and be in touch with the beautiful people." Their initial $500 investment turned into a $3,000 a week bonanza, so last October they opened a Greenwich Village branch. Both shops keep psychedelic hours (2 p.m. to 10 p.m.), sell up to 5,000 packs of cigarette paper a month, count as regular customers Allen Ginsberg, Timothy Leary, and by now, say the owners, "we've reached the Madison Avenue crowd...
...employees. The 81-acre plot, long the ramshackle home of the city's wholesale produce market, will soon be cleared by urban renewal. The San Francisco Redevelopment Agency sold the land for a bargain $11.5 million, but the city expects a $3,000,000-a-year bonanza in realty taxes, plus increased convention and tourist trade. Says Redevelopment Director M. Justin Herman: "We held out to find one buyer who had the strength and sophistication to do the whole project. You can't get design value except with size...
...garish, multicolored letterhead, its owner once answered a formal appointment request by advising "I am personally away more or less." When he died of a heart ailment during a Florida vacation last week at 94, L. L. (for Leon Leonwood) Bean left a $4,000,000-a-year backwoods bonanza that could have been far bigger had he ever branched beyond tiny (pop. 4,000) Freeport, Me. But Bean liked his sportsman's supply business the way it was. "I get three good meals a day," he once said, "and I can't eat four...