Word: cash
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Dates: during 1960-1969
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Bounced Check. Despite $40 million in credits from Russia and a $20 million interest-free loan from Red China, Ghana's cash reserves are so low that the government recently bounced a check for some $30,000. Government contractors are paid in "certificates," must wait before cashing them in. Fearful of Ghana's plunge toward radical socialism, many foreign firms are preparing for the inevitable day of nationalization by drawing up plans for the rapid evacuation of stocks and personnel. Foreign investment has dried...
...freshman Republican legislators who outran the Republican national ticket in 1960, Morse said the Democrats had successfully portrayed Republicans as people with "cash registers in their brains, and a ticker tape in their hearts...
...Government surplus stockpiles to bulge. To induce the farmer to grow less, the program bribed him with subsidies: for cutting his normal acreage of corn or grain sorghums by 20%, the Government paid him 50% of the value of the forgone crop. This payment was made either in cash or in the form of grain taken from the surplus stockpiles, which the farmer could then sell or feed to his stock...
Growing on Goat's Milk. Cash was scarce. "I don't think I bought a steak for ten years," she recalls. But life was rich. While Henry taught pathology at Yale, they lived in a series of rented houses in Bethany, Conn. The Buntings skied, hiked, played tennis, spent long nights banding chimney swifts in a New Haven heating plant. For $200 they managed to buy 50 acres on a Vermont mountaintop. built a tar-paper shack retreat for $26. In 1940 the first of their four children (a daughter, three sons) was born...
...trying to say a good film needs prurience. But I do think that art is poorly served by a rapidfire series of fiscal transactions. Not even so beauteous a salesman as Nadja Tiller can make drama out of cash-and-carry...