Word: built
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Dates: during 1970-1979
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...signs of the growing power and diversity of the Soviet armed forces are more striking than the U.S.S.R.'s development of aircraft carriers. Though the Soviets built two helicopter-carrying warships in the 1960s, it was not until 1976 that they produced their first true carrier, the 38,000-ton Kiev. Last February came her sister ship, the Minsk, and two more of the same class are being built...
...surface ships. Jane's Fighting Ships, the authoritative British guide to the world's navies, notes that possession of a carrier force gives the Soviet Union "an intervention capability in so-called peacetime." Jane's believes that no more carriers of the Kiev class will be built after the first four, but expects a new class of larger Soviet aircraft carriers to begin appearing on the high seas in the early 1980s...
...arrival in Paris was marked by pageantry appropriate for the first trip to Western Europe by the top leader of the Chinese people. After Hua's American-built 707 jet rolled up at Orly Airport, he stepped onto an "extralong" red carpet for a brief walk to an Alouette helicopter and a 15-minute flight to the Esplanade des Invalides, where 150 mounted members of the elite Republican Guard were drawn up in splendid array. There was an obligatory wreath-laying at the Tomb of the Unknown Soldier at the Arc de Triomphe, a succulent lunch of salmon...
That is, one could buy $10,000 worth of stock with just $1,000. Many thousands did, lured into the market by boosters like John J. Raskob, the stenographer turned entrepreneur who built the Empire State Building. "Everyone ought to be rich," he wrote in an exuberant Ladies' Home Journal article; anyone who could invest $15 a month, he declared, could eventually reap a profit of $80,000. A Harvard behavioral psychologist named John Watson even found therapeutic value in speculation. "Sex has become so free and abundant," he theorized, "that it no longer provides the thrill it once...
That apparently ended the legal troubles that had dogged Cornfeld for seven years since the fall of I.O.S., which he started in the 1950s and built into the world's largest offshore investment com bine. At its peak in the late 1960s, I.O.S. managed assets totaling more than $2 billion in mutual funds alone; armies of I.O.S. "reps" rang doorbells everywhere to persuade people to put their savings into one or another of I.O.S.'s 130 in vestment outlets. Cornfeld, a onetime social worker, proclaimed that "everyone can be a millionaire." As if to prove it, he lived...