Word: discounters
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Dates: during 1960-1969
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Friendly Murders. According to the FBI, for example, Philadelphia endured a startling 70% increase in serious offenses between 1951 and 1953. Why? Simply because one police district failed to report 5,000 complaints in 1951. The new FBI report itself warns readers to discount this year's Baltimore figures, which show a 71% crime increase from 1964 to 1965. Reason: more accurate reporting in 1965, compared with previous years when Baltimore cops kept the peace largely by not tallying a great many crimes...
...terebi for TV, demo for demonstration and the inevitable baseballisms pray bollu, storiku and hitto. Franglais permits a Frenchman to do le planning et research on le manpowerisation of a complexe industrielle before taking off for le weekend in le country. German now is splattered with such terms as discount house, shopping center, ready to wear and cash and carry. And the latest expression in Frankfurt ad agencies is Ziehn wir's am Flaggenmast hoch und sehn wir wer gruesst -Let's run it up the flagpole and see if anyone salutes...
...enabled businesses in many parts of the world, particularly in Europe and Japan, to operate more efficiently. The U.S. influence not only punched holes in the traditional autocratic ways of the old aristocratic hierarchies, but popularized such modern ideas as cost accounting, mass merchandising and advertising techniques, supermarkets and discount houses...
...raised the bank rate-the interest that other banks must pay to borrow from Britain's central bank. The rate was increased from 6% to 7%, a level it last reached during the sterling crisis of November 1964. Thus Britain became the sixth European nation to raise its discount rate in the past ten weeks; the British rate, moreover, is now the highest...
...this confronted the Bank of England with a delicate dilemma: Should the bank recommend an increase in Britain's discount rate from 6% to 7%, or perhaps more? Such a move would reduce the sterling drain, but it would make it harder for British businessmen to borrow money, and thus unsettle the economy more. The decision is largely up to Leslie K. O'Brien, who took office last week as the bank's 114th governor...