Word: bulking
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Dates: during 1960-1969
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...budget news been announced than the Administration started talking about tax-cut goodies to be handed out in 1963. Walter Heller, chairman of the President's Council of Economic Advisers, called for a tax reduction of $5 billion, including a 10% cut in corporation taxes but with the bulk of the cut going to individuals. Treasury Secretary Douglas Dillon followed up with the prediction of a "significant" cut in taxes, adding that since tax concessions already have been given to corporations, "by far the major part" of the new cuts should take place in individual tax rates...
...Trujillos squeezed out of the Dominican Republic in 31 years of misrule will probably never be known. But a respected, independent Swiss newspaper, Basel's National-Zeitung, has made an informed-and startling-estimate. It comes to $800 million, half in cash, half in stocks and bonds, the bulk of it said to be salted away in a neat little empire of numbered Swiss bank accounts and disguised European holding companies. The sum is about equal to one year's gross national product in the Dominican Republic...
Because of his turn-of-the-century conservatism and his great bulk (247 Ibs), Republican Benjamin Franklin Dillingham II, 46, is devastatingly described as "a fat old young man." Running for the Senate seat vacated by retiring Democrat Oren Long, Dillingham never had a chance against Representative Daniel Inouye, 38, slum child, war hero, first U.S. Congressman of Japanese descent, New Frontiersman ("To be President-Kennedy's rubber stamp is an honor") and by far Hawaii's top vote-getter. If there had been any doubt, it vanished when the Honolulu Advertiser, of which the Dillingham family owns...
Raking the Ranks. Behind all this Nordic furor stood two stubborn men, stiffened by an antagonism as ridiculous as it was real. One was Franz-Josef Strauss, 47, West Germany's bull-bodied, bull-tempered Minister of Defense, who for all his bulk has a skin thin enough to invite puncturing. The other was Der Spiegel's frail, blond Publisher Rudolf Augstein, 39, who has seldom missed a chance to play the matador to Defense Minister Strauss's bull...
Paying the Price. Ironically, Los Angeles' indifferent newspaper readers also stand to benefit from the loss of two papers. In the last ten months, the fat and lethargic Times, which had the habit of substituting sheer bulk for journalistic merit, has begun to show new life. It is even bulkier than before, but it is a far better newspaper. The Times has beefed up its Washington coverage and joined hands with the Washington Post in the organization of a news service. It has also added four fulltime political editors, two of them stolen from Hearst. Foreign coverage has grown...