Word: cash
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Dates: during 1960-1969
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Most of this odd burden accrues from a key provision of the twelve-year-old Food for Peace program, allowing the U.S. to sell surplus farm commodities to dollar-poor countries for the recipients' own currency, which remains in the nations of origin. About 20% of the cash is earmarked for U.S. use, and part of this is absorbed by routine operations such as maintaining embassies and aid missions. The other 80%, though U.S.-owned, is reserved for the recipient nation's benefit...
...grow forever. Under President Johnson's proposed Food for Freedom program (TIME, Feb. 18), recipient nations would pay for U.S. food in dollars under a long-term credit arrangement starting in 1971. Meanwhile, the U.S. is considering establishing binational philanthropic foundations to soak up much of the cash and use it primarily for education. A bill to start such a program languished in committee last year. Congress apparently could not believe that the Administration really needed help to spend money...
...father Ferdinando was a village Vivaldi who blew a mean clarinet- and all the cash he could get his hands on. He had improvidently wed a gifted but relatively impecunious pianist who promptly presented him with a son. At three, Ferruccio was playing scales. At six, he was forced to practice four hours at a stretch by a father determined to produce a moneymaking prodigy. At seven, he made his debut in Trieste, and for the rest of his life, with brief intermissions, he was chained to the concert circuit like a monkey to a street organ. Father had expensive...
Crowell Collier achieved its come back by catering to the nation's ever growing appetite for knowledge. In 1960 the company bought, for $8,000,000 in cash and an undisclosed amount of stock, the Macmillan Co., the U.S.'s third largest college-textbook publisher...
...obviously born to play a bauble-headed blonde who marries a man to enjoy his money instead of bringing her own. Elke makes a weak role weaker by delivering all of her lines as though she had learned them phonetically, but she at last articulates one crucial point: her cash...