Word: borrowing
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Dates: during 1960-1969
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...violence at New York City's Coney Island, and a prison eruption in Baltimore. Deaths, mostly of old people, were up 40% in New York, 50% in Atlanta and in St. Louis, where 146 fatalities were directly attributed to the weather. The St. Louis city morgue had to borrow stretchers when it received eight to ten times as many bodies as normal. "Deaths will hit several hundred before this is over," predicted Dr. W. W. Billings, coroner of suburban Madison County. "It's like a plague...
...American's thirst for novelty means, of course, that he also continues to borrow from abroad. The U.S. is a melting pot not only for races but for ideas as well, and many of the American customs and habits that travel abroad have already been influenced at home by other cultures. From the King James Bible to Scandinavian modern furniture to LSD, some of the best and worst of culture in the U.S. has been imported. With the rise of U.S. power and affluence, much American music, cinema, art, design, ballet and theater have begun to meet and marry...
...this confronted the Bank of England with a delicate dilemma: Should the bank recommend an increase in Britain's discount rate from 6% to 7%, or perhaps more? Such a move would reduce the sterling drain, but it would make it harder for British businessmen to borrow money, and thus unsettle the economy more. The decision is largely up to Leslie K. O'Brien, who took office last week as the bank's 114th governor...
Shortage of Engines. It could not have happened at a worse time, because the company was about to borrow $75 million, through an offering of convertible debentures, to help finance the production and sale of its growing volume of planes. With the falling stock prices creating the prospect of unfavorable terms for the debentures, a group of underwriters led by Merrill Lynch, Pierce, Fenner & Smith last week postponed the issue from this week to next...
...Keyes's books are not really worth reading, why do so many people read them? The answer, to borrow yet another gem from the author's bottomless thesaurus, is not far to seek. Mrs. Keyes's disciples are predominantly women who prefer to take their history with heavy doses of high romance. The Keyes have...