Word: counter
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Dates: during 1960-1969
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...Defense of U.S. The bill accelerates construction of the Ballistic Missile Early Warning System, which will give 15 minutes' warning of an attack. To speed detection by priceless minutes, the program also steps up work on Midas, a satellite-borne, spy-in-the-sky warning system. To counter an enemy's manned bombers, the bill will improve the Nike-Hercules and Bomarc ground-to-air missiles, beef up the F-101, F-102 and F106 interceptors...
Insiders nominate Bert Howard as the single most powerful individual. Though technically assistant to Bing Blasingame, he dominates policymaking, chairs the "legislative task force" that keeps a hawk-eyed watch on federal legislation, and swoops in to fight bills that run counter to A.M.A. principles. The headquarters' permanent staff inevitably wields great power. No one-year president, such as Larson, can dislodge it. A front runner for next year's presidency, who showed an itch to get the reins in his own hands, was shunted aside last week...
...kind of supervision which insures high ethical standards." Fearful that there has been a consequent "lowering of standards in market operations," Cary wants to re-examine the rules to see if they sufficiently protect investors. Specifically, he is anxious to take a hard look at the over-the-counter market (where investors suffer "a lack of basic information"), mutual funds (charges of excessive fees to investment advisers), and the billowing of new or "hot" issues, which the SEC suspects are often given "artificial stimulation...
When the swift little stallion was gaveled off at over-the-counter prices in 1957, the suggestion of such a future seemed absurd. His lineage was the best: his sire was the prolific Adios, whose offspring have earned $6,868,930 during the last five seasons; his dam was Debby Hanover, sired by Billy Direct. But Adios Butler was small and unimpressive-looking, and his owner, Horse Breeder Russel Carpenter, mayor of Chester, N.Y., figured he was a loser. Carpenter persuaded Paige West, a lean horse breeder and sulky driver from Snow Hill, Md., to try to bid the price...
Tested last week at Dulles International Airport near Washington, D.C., which opens for business next year, was a mobile lounge, an innovation credited to Eero Saarinen that should make plane waiting a bit more pleasant. After checking in at the ticket counter, the passenger goes to the proper loading gate, which is really the wide doorway into the lounge. The lounge (54 ft. long, 17½ ft. high and 16 ft. wide) has comfortable chairs, tinted windows, piped-in music and air conditioning. At take-off time, it is driven to the waiting plane parked on the runway. The lounge...