Word: cash
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Dates: during 1960-1969
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...Promised Cash. It was a common joke among the summit delegates that every time the subject of money was raised, Sheik Abdullah as Salim as Sabah of oil-rich Kuwait left the horse shoe conference table for the men's room. But last week Sabah pledged $4,500,000 a year for five years to the Arab war chest, and Egypt, Algeria, Saudi Arabia, Libya, Morocco and Yemen joined in, raising the total commitments to $14 million annually for the next five years...
...Broadway musical. Then Louis Armstrong's recording hit the counters. Typically, Satchmo gave it a rasping rhythm and lowdown authority-qualities it never had in the original-and his single recording knocked the Beatles right off the top of the bestselling lists. Both Republicans and Democrats wanted to cash in on the song's popularity, but Dolly Producer David Merrick, a loyal Democrat, gave the tune exclusively to Johnson for Hello, Lyndon! and threatened to sue Barry Goldwater if he dared...
...colleges founded since World War II that range in fame from Brandeis near Boston down to Yampa Valley College in Steamboat Springs, Colo. The aim of New College is to make Spanish moss the prestige equivalent of New England ivy, and the school starts out with $11 million in cash assets, raised in fund drives, and 115 acres of landscaped bayfront property...
...record $6.1 billion worth of agricultural products, $1 billion more than in the previous year. Only $1.6 billion of the total was tied in with U.S. aid programs-and the recent rise in the exports of foods and fibers has been almost completely among those sold for hard cash...
...changed hands for $300,000 in 1954, and Westinghouse Broadcasting put up $10 million for New York City's WINS, which had brought only $425,000 in 1952. Says a top staffer: "Radio stations are the ideal small business. They can be picked up for very little cash-down. They cost little to stay on the air, have few failures and are easy to unload...