Word: closed
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Dates: during 1960-1969
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Last spring Procaccino adroitly capitalized on the revolt by Negro militants that temporarily caused tuition free City College to close. To many whites of modest means, who regard the school as an indispensable social-economic ladder, the Negro demands for wholesale admission of blacks meant lowered academic standards and less room for whites. City College Alumnus Mario Procaccino brought a court suit to compel the city to reopen the institution. It put him in the favorable position of using respectable means to stand up to the radicals. He scored points across the board with this bit of alliterative class propaganda...
...more than the size of the settlements, however, was the fact that both were won in wildcat strikes -a tactic almost never used by West Germany's well-disciplined labor unions. Some businessmen wondered aloud whether Germany had caught the "English sickness" that allows British shop stewards to close whole industries in defiance of national union leaders...
...lost much face in Asia and Africa. Once the Third World carefully watched the competition between India and China. India still has trouble aplenty, but economic planners no longer seriously consider the "Chinese model." Albania is China's only real friend, and Peking has but a few close acquaintances-Pakistan, Rumania, Syria, Nepal, Tanzania, Mali, Guinea. Peking has diplomatic relations with only 46 countries, and at present keeps ambassadors in 18 of them. During the Cultural Revolution, all but one of them were recalled to Peking...
...immediate cause of this chaos is the congressional drive to close tax loopholes. Interest paid on municipal bonds has always been exempt from federal income tax, but the reform bill that the House passed in August would make such interest partially taxable for many individual investors. Banks, which normally buy 70% to 80% of all municipal bonds, would continue to collect tax-free interest, but their officers fear that if the bill is finally enacted it will be only a matter of time before that exemption is limited, too. The slowdown in municipal-bond sales has produced something close...
...their effort to develop doors that slam with what automen call a solid "thunk." One result showed up last week as American Motors introduced the Hornet, its new small car, with an advertisement that urged: "Open a door and listen for the reassuring thunk you get when you close it." In auto showrooms, the sound of a car door slamming touches some responsive chord in the frazzled psyche of the American buyer-and all the automakers know it. "There is very little to go on when you buy a car these days," says Carl Hedeen, General Motors' chief...