Word: crediters
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Dates: during 1960-1969
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...judgment had never been seriously questioned. There was no lack of dissent about the bombing and the basic U.S. involvement in Viet Nam, but rarely had a commander in the field been so immune to technical criticism of his own performance. Justly, management-minded Westmoreland was given great credit for the herculean logistical feats of 1965 and 1966. Until last year, anyway, his basic strategy, a compromise between search-and-destroy and a holding operation in the populated areas, seemed to be successful...
...south more like Italians in the north, and making both of them hunger for the good things of the consumer life. For this prosperity, the Christian Democrats, as the dominant partner in the Center Left coalition of Premier Moro during the past five years, rightly claim considerable credit...
...when Britain devalued the pound from $4.04 to $2.80, the IMF learned about it only belatedly. Last year the British consulted with the fund for weeks before making up their minds how much devaluation to risk. Afterward, the IMF gave the U.K. a hefty $1.4 billion stand-by credit to help it get back on its feet. As one condition, IMF aides scrutinized and gave tacit approval to the draconian British budget introduced last week (see THE WORLD) before the Labor Government dared present it to Parliament. Had the IMF considered the British economic cutback too meager, it could have...
...creation of a new international money - paper gold - to take the pressure off dollars, pounds and real gold in bankrolling world trade and investment. It goes by the clumsy name of "Special Drawing Rights," or SDKs for short. Actually, SDKs would have some characteristics of currency and some of credit. They would consist of wholly artificial reserves, carried on the IMF's books as a separate fund and backed by pledges of contributions from IMF members in their own currencies. Nations would automatically participate in accordance with their regular IMF deposits; the U.S., for example, provides...
...special meeting yesterday, the Law School Faculty voted to allow second-year students to take one or two non-law University courses for degree credit...