Word: drains
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Dates: during 1960-1969
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...weeks, all 23 Ford plants in Britain have been paralyzed. Every day, the company has lost almost $5,000,000 in production and Britain has lost about $2,400,000 in exports. Britain can ill afford the drain, especially since its trade deficit widened from $214 million in January to $338 million in February. Ford assembly lines in West Germany and Belgium are also pinched. The lack of British-made components has turned production schedules upside down. Ford executives have hinted that they may drop their expansion plans in Britain and divert some of their operations to calmer shores...
...blunder as Secretary of Transportation. Volpe announced this weekend that he would soon decide whether the government should continue its drive to build a supersonic transport (SST). In doing so, Volpe left broad hints that he is eager to send another $300 million of federal money down the SST drain...
...Urban Studies, told the Council that the system would make a target of Cambridge in any war where it otherwise might not be. He also cited the growing needs of the cities for federal funds, and said that the $5-6 billion estimated cost of the ABM would drain cities of needed funds...
Some people in the Defense Department have proposed that the U.S. ignore confessions altogether. They argue that P.O.W.s should sign anything, as long as they do not divulge classified military information or imperil other prisoners. A well-publicized official policy to this effect would drain confessions of any real significance, in the manner of the disclaimer that preceded the Government's own "confession" last month that the Pueblo was inside North Korean waters...
...black professors will also raise a moral dilemna for Harvard. Since most of the nation's Afro-American specialists are now teaching at small black colleges in the South, any success that Harvard has in attracting black professors will come at the expense of a debilitating brain drain from the Southern colleges. The attrition may be fatal for colleges like Miles and Tougaloo; and for many Southern blacks, those colleges are the only educational openings available...