Word: dollar
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Dates: during 1970-1979
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...hope the federal courts will rule in NORML's favor. In the meantime, the paraquat problem is very much with us, and an end to the spraying program coupled with the launching of the city's pot testing project will represent two important steps towards dealing with this tax-dollar funded health threat...
...issue, inflation. I'm one of those who goes home every weekend, and I find that people are fearful. They tell me that hamburger cost $1.29 last week, and now it's $1.69." Adds Ways and Means Chairman Al Ullman: "When people realize that every dollar of a tax cut is another dollar of deficit, and when they relate that to inflation, I think that by and large they would rather have less cuts and therefore less deficit...
...accelerated foreign buying. One New York banker remarks: "Overseas buying early last week was a wave not to be believed." The main interest is coming from West Germany, where institutions and private investors have been seeking a double killing on low Wall Street prices and the cheap U.S. dollar. Merrill Lynch reports doing good business for private Arab investors from Abu Dhabi and Dubai. Britain's Prudential Assurance Co. has been a buyer in the U.S. market...
...forms the most systematic collection of British art, mainly 18th and early 19th century, in existence outside London's Tate Gallery. Mellon has thus in a few years given away buildings and works of art worth rather more than $200 million. Even granted the parlous state of the dollar, no other living American has committed himself to art patronage on this scale. (Paul Getty endowed his mock-Pompeian Getty Museum above Malibu, Calif., to the tune of a staggering $700 million, but Getty died in 1976, and very little of the money has been spent...
...Proxmire said, the federal government spent only about one cent for every dollar of city funding, but by 1976 this figure had risen to 25 cents of federal money for every city-funded dollar. Estimates for 1978 predict that the U.S. government will spend 47.5 cents this year for every dollar of city funds provided, he said...