Word: charterers
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Dates: during 1960-1969
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...impelled by a declared charter interest in politics, the Atlantic strove to break out of its parochial mold. It took a sturdy abolitionist position, endorsed Lincoln's election in both 1860 and 1864. It risked the wrath of its readers in 1869 with an article by Harriet Beecher Stowe recounting Lord Byron's incestuous relations with his sister -and spent the next 40 years recovering the 15,000 circulation that it lost as a result. But it could be stuffy too. In an 1882 article on "The Prominence of Athleticism in England," it claimed that Americans could...
...from shipping. Too many operators and ships are crowding the sea lanes. "They produce ships like hamburgers these days," says Niarchos. His own fleet has slipped into second place behind the expanding operations of the U.S.'s Daniel K. Ludwig. More and more oil companies, instead of chartering, are buying their own tankers. As a result, cutthroat competition is common among charter operators such as Niarchos: charter rates for a 42,000-ton tanker have dropped from $4 per deadweight ton in 1956 to $1.90 today...
...shrewd bargain. In return for ?2,000 sterling a year and the "protection" of the British crown, King Lewanika of Barotseland granted Rhodes a monopoly of the natural resources of his kingdom. As it turned out, the king's domain covered quite a bit of territory, and under charter from Queen Victoria, Rhodes directed his newly formed British South Africa Co. to exploit, explore and settle thousands of square miles of south and central Africa...
Died. Clive Bell, 83, British art critic and charter member of London's once celebrated Bloomsbury Group of intellectuals (others: John Maynard Keynes, E. M. Forster, and Bell's sister-in-law Virginia Woolf), a vociferous champion of such post impressionists as Cézanne, Van Gogh and Gauguin in the early 1900s when other Britons thought them horrid; of cancer; in London...
...American? He's still around, but his haunts have changed, and so have his looks: he is younger now-often no more than 20-and far less affluent. He crosses the ocean on a charter flight, not a luxury liner, carries no steamer trunk but a single (generally battered) suitcase, and sometimes gets along on a knapsack. He travels in a Volkswagen (also generally battered) or a secondhand scooter, or he hitchhikes. He will stay in hostels or third-class hotels but prefers to bed down in a sleeping bag, never cares what his food is cooked...