Word: chasing
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Dates: during 1950-1959
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Bankers have long clamored for the cut in reserves (TIME, Jan. 20) as the logical follow-through to the discount-rate reductions. But last week they grumbled that the cut was not big enough. Said President George Champion of the Chase Manhattan Bank, second biggest in the U.S.: "This is only a token adjustment and not as much as will be needed. The time is ripe to loosen up much more on reserve requirements...
...admit my husband wears horn-rimmed glasses, but about the only time they set on his ears is when he watches some esoteric program on TV such as Perry Mason, The Tracer or Bugs Bunny. We also go skindiving, go on camping trips to the desert, chase rabbits with the kids, cook over a cozy campfire, make love by moonlight, and can have the best family fight in the neighborhood...
...hoped to give the economy a lift by making it more attractive for businesses and consumers to borrow funds. Chase Manhattan Bank, second biggest in the U.S., quickly cut its prime loan rate from 4½% to 4%; on the West Coast, the Bank of America, the nation's biggest, did the same-as did hundreds of smaller banks everywhere. Yet many banks kept their rates unchanged simply because there is still a great difference of opinion on how tight credit actually...
...served with Montgomery's Desert Rats in North Africa, later, as a U.S. Marine captain, saw action at Saipan and Iwo Jima, as a major commanded a battalion of the 1st Marine Division in Korea, authored the bestselling (2,000,000 copies) war novel The Sea Chase; of cancer; in San Rafael, Calif...
...main studious interests at Harvard lay in the field of natural history. The most conspicuous things in his room were his rifle, his hunting kit, and his trophies of the chase. He always had live turtles and insects in his study, and Mark Sullivan recalls "the excitement caused by a particularly large turtle, sent by a friend from the southern seas, which got out of its box one night and started toward the bathroom in search of water...