Word: conduite
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Dates: during 1960-1969
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Simon is former assistant director of the Foundation for Youth and Student Affairs, a WUS-affiliated organization recently exposed by Ramparts magazine as a conduit for CIA funds. WUS is a church-related federation of campus and service organizations, many of which, including the National Student Association, have admitted receiving CIA monies...
...March 1945, this private conduit had admitted an astonishing emissary onto Swiss soil: Nazi General Karl Wolff, commander of the SS (Hitler's elite Schutzstaffel) in northern Italy. Like many of his fellow generals, Wolff had lost faith in a Führer whose paranoia refused to see that Germany was losing the war; like few of them, Wolff was prepared to do something about it. Meeting with Dulles in Zurich, he proposed to deliver every enemy soldier in northern Italy to the Allied cause...
Loosening Hobble. Then, last June, the Supreme Court encouraged those who argue that the 14th Amendment should be the main conduit of equal rights. By a vote of 7 to 2, the court ruled in Katzenbach v. Morgan that Congress may enforce the 14th Amendment by enacting a federal law that displaces a state law-even though the state law does not itself violate the 14th...
...well does the agency perform this balance-wheel job that private mortgage men consider it indispensable. Precisely because of Fannie Mae's high standing in the financial community, Congress often gives it unsought extra duties handling programs of dubious soundness. This year Fannie Mae has become the conduit to unload assorted government-owned financial assets on private borrowers to further President Johnson's goal of holding down the apparent level of federal spending...
More and more lawyers are now advising clients to set up "revocable inter vivos [living] trusts," which in effect act as a conduit during a man's lifetime for the transfer of his property to his heirs. The creator of such a trust, however, retains full control of it, and as a result he escapes federal gift taxes, though not estate or income taxes on whatever the trust earns. He can change the trust as he pleases until he dies. The trust thus takes the place of a will-and all property that goes into it bypasses probate...