Word: buying
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Dates: during 1960-1969
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...Most encouraging note in the report was that the services themselves, under McNamara's prodding, have actually become enthusiastic about saving money. The Navy, planning to buy 1,400 Sparrow air-to-air missiles, found it already had enough, scrapped the order at a saving of $45 million. The Marine Corps found it could adapt Army 120-mm. shells for use in its M103 tanks at a cost of 32#162 per shell instead of paying $95 each for new ones. The Army decided it could get along with $1,200,000 less worth of insect repellent than...
Aside from the New York Times, which thought that Fidel's friendly new look "deserves serious scrutiny and thorough exploration," the reaction was generally cool. The State Department regarded the Cuban overture as an attempt to buy time and take some of the steam out of the OAS, advised Castro to back his words with evidence. Said a spokesman: "We have consistently maintained that there are two elements that are not negotiable-Castro's ties of dependency with the Soviet Union, which are tantamount to Soviet domination, and the continuance of Castro's promotion of subversion elsewhere...
...annual take in ice has been estimated at more than $10 million. Among major icemen, box office employees have always had the longest tongs, which goes a long way toward explaining why they have always behaved with such freezing contempt toward the wretched public that lines up to buy ice-free tickets at the wicket. Brokers testified that they regularly delivered envelopes to box offices containing checks covering the list price of tickets plus agreed amounts of extra cash, usually about $5 to $7 for an orchestra seat...
...Producers also own theaters and rent them to themselves. They hire themselves as "pressagent" or "stage director" at fat salaries out of the basic investment. They sometimes make speculative investments of their own with investors' money. One producer even used part of the nut to buy himself a lobster boat...
Anxiety & Affluence. Not only has Paris slipped creatively, but it has also declined as a market. Play-safe French collectors never bought modern art, even French impressionists, on a big scale; and Paris art dealers always counted on Americans to buy moderns. Now that first-rate moderns are created in New York, Americans-and many Europeans-buy them in New York.*Moreover, as Cordier says, "the art market is particularly sensitive to fluctuations in the stock market," and the Paris Bourse failed to recover from the 1962 slump as strongly as the New York stock market...