Word: demand
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Dates: during 1960-1969
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...Senators Mark Hatfield, Hugh Scott and Howard Baker and Nixon's Communications Chief Herb Klein walked out into a volley of gunfire on the street. The victim was a 29-year-old Treasury agent-in-training who was shot when he refused a holdup man's demand for money. He was treated by another member of the group, Kentucky Congressman Tim Lee Carter, who happens to be a doctor as well as a politician...
...damaged the country's trade position and weakened confidence in the franc. As last week's labor talks approached, French workers complained that price increases have eaten into earlier wage gains, and insisted on new increases of 10% to 12%. Eventually, the union leaders trimmed their demand by half. But government negotiators argued that even a 6% raise would force the franc's "immediate devaluation." They offered...
Shopkeepers to the Streets. Big wage increases could put new inflationary pressures on an economy that is already severely strained. Because inflation has hindered exports and stoked domestic demand for imports, French trade deficits ran more than $200 million a month in both December and January. Devaluation of the franc would relieve the competitive imbalance by making French goods cheaper on world markets. But devaluation would also be a bitter political setback for Charles de Gaulle, who has staked his prestige on maintaining parity of the franc at 20 U.S. cents. Even so, a currency that foreigners hesitate to handle...
...sharply in mid-1966 and then rise too rapidly in 1967 and 1968. The great rises of the past two years have fueled inflation, which the board is now trying earnestly to stop. Since December, the money supply has not grown at all, and bankers cannot meet the increasing demand for loans. Martin's foes were jubilant when the $42,500-a-year chairman recently confessed to a three-year "heritage of errors" in economic policymaking by the board, Congress and the Administration...
Commenting on the new professorships in urban studies, Kain said, "In some senses, we were already lagging behind the demand for people in these areas." He added, "I'm certain that having all these people will make a difference around here...