Word: cash
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Dates: during 1960-1969
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...Selma pair that he knew of an after-hours spot suitable to their needs and took them in a taxi to the Anchor, a respectable-looking apartment building a mile away. In the building, Edwards told them, was "a club where Congressmen go," and he would need some cash for membership dues. Mayor Smitherman gave him some money, and Race Horse left the two Southerners after promising to return with the membership cards...
When foreign central banks exercise the legal right to cash their dollars in for gold, they drain gold from the United States. This decline in the gold stock causes people to lose confidence in the current rate of exchange. An initial decline in the gold stock, resulting in a loss of confidence, could precipitate a "run" on the dollar, forcing the U.S. to devalue. And because countries back their currencies with dollar and pound reserves, devaluation of these currencies--or even the fear of devaluation--could cause a world-wide crisis...
Confidence in the dollar has ben bolstered temporarily by President Johnson's determination to eliminate the deficit in our balance of payments. But increased gold losses this year may undermine that confidence, inducing foreigners to cash in their dollars on a larger scale. Even departing Secretary of the Treasury C. Douglas Dillon concedes the desirability of some revision in the present monetary system. When the U.S. "gets into balance," he told the House Banking Committee some weeks ago, "the world will need to consider whether some other form of reserve asset than the dollar will be needed." The gold loss...
Detroit has several top-notch sluggers in Norm Cash, Bill Freehan, Don Demeter, and Al Kaline, but their mound staff is not good. Dave Wickersham (19-12) and Mickey Lolich (18-9) are the only two reliable hurlers--and two is not enough...
...poverty committee faces a difficult beset with many problems. For example, the federal government puts 90 per cent of the cost for projects, with 10 per cent coming from the local community. In Cambridge, it is possible that there might be some resistance to putting up any extra cash, for City Manager John J. Curry keeps close tabs on the budget. The City can offer its 10 per cent contribution in "kind" (donation of classrooms or personnel, for example), but even this sort of assessment can cost dollars...