Word: centralized
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Dates: during 1960-1969
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Officials of the Massachusetts Bay Transportation Authority (MBTA) and the Penn-Central Railroad yesterday signed an agreement which will enable the MBTA to vacate its Bennett-Eliot car barns-the site of the library complex. The 12-acre site lies across Boylston St, from Eliot House...
Under the agreement, the MBTA will pay the Penn Central $7 million for a tract of land near South Station in Boston, and will relocate the car barns there...
...site near South Station where the car barns will be put has long been a railroad switching facility for the Penn Central. The railroad now has one year to relocate that facility to Reading or Allston...
Squeezing South Africa. The falling gold price puts South Africa in a particularly uncomfortable position. South African mines provide 77% of the non-Communist world's gold output, but as part of a 1968 pact, central banks agreed to stop buying the metal. That strategy was intended to force South Africa to sell all its gold on the free market, thus depressing the price. South Africa tried to break the embargo but found only Portugal and some Middle East sheikdoms willing to risk the wrath of the major monetary powers by purchasing newly mined gold...
...after sundown on Friday, we stopped at this place just off Delaware's John F. Kennedy Memorial Highway. As far as roadside rest areas go, it wasn't any Howard Johnson's. Lacking the proper blandness, the place was creatively ugly. Most of it consisted of nothing but a central lobby, plastic glassy skylights, and a semi-cubistic chandelier. All in all, little more than a retarded version of Miami Beach. Except that off to one side of the lobby, roped off with velvet covered ropes, was a plaster bust of JFK painted to look bronze...