Word: breeders
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...money-trading rules. One might be to widen the fluctuations in currency prices that central banks can permit-perhaps a rise from the present 1% to 5% above or below official value. Flows of speculative money have become so large that the 1% limit has become unrealistic and a breeder of crises instead of a stabilizer...
Egyptian generals and Cabinet members in the early 1960s knew Wolfgang Lotz as a wealthy German horse breeder with an engaging habit of sending champagne and other lavish gifts to well-placed friends. They thought of him as an ex-Wehrmacht captain in Rommel's Afrika Korps who later made a fortune in Australia. Some whispered that he was actually a former lieutenant colonel in Hitler's dread SS who had joined Egyptian intelligence...
...Breeder Reactor. One casualty is the Princeton-Pennsylvania proton synchrotron on the Princeton campus, which is used for basic particle research by 14 universities. From a recent budget of $5,000,000 annually, the synchrotron funds have now been cut to $3.5 million, and will be down to $2,000,000 next year. Beyond that the Atomic Energy Commission is cutting off funds completely-after a total investment of $30 million on a project that, according to Director Milton White, has not yet had a chance to reach its peak efficiency. Another important tool for probing the secrets...
Although scientists complain that the Atomic Energy Commission, along with the Department of Defense and NASA, gets a disproportionate share of federal research funds, the AEC itself has had to shut down its molten-salt breeder reactor at Oak Ridge. The Bureau of the Budget simply did not release $3,000,000 authorized for it by Congress. This was especially dismaying to environmentalists, because the breeder reactor promises, eventually, to be the cleanest and most efficient fuel source for electric power...
Died. Alene Stern Erlanger, 75, dog fancier and breeder of championship poodles, who, as civilian consultant to the quartermaster general from 1942 to 1945, was responsible for the formation and training of America's infantry scout-dog platoons (the K-9 Corps); in Elberon...