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Word: drains (lookup in dictionary) (lookup stats)
Dates: during 1960-1969
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Usage:

...last month's visit to the Pentagon by General Gaston Lavaud, chief of procurement for the French Defense Ministry. He brought with him a reply to repeated Washington appeals that NATO nations do more of their military purchasing from American firms to help the U.S.'s gold drain. "You need dollars. Here is what will get you dollars,'' said Lavaud, handing U.S. officers a list of things that France would like to buy. It included equipment for a gaseous diffusion plant to make enriched uranium, plans for nuclear submarines, propulsion and guidance gear for rocket missiles...

Author: /time Magazine | Title: World: The Gallic Bomb | 4/27/1962 | See Source »

Scott Fitzgerald, by Andrew Turnbull. A meticulous, sensitive biography of the writer who invented the Jazz Age and the Lost Generation, poured himself down the drain with the dregs of martinis, and is now riding a wave of posthumous popularity...

Author: /time Magazine | Title: Cinema: Apr. 20, 1962 | 4/20/1962 | See Source »

...also taken in three-fourths of its 600,000 Puerto Rican citizens since World War II. Often unskilled and unemployed, the newcomers are forced to live in dark and dingy tenements at exorbitant rents, often five or six to a room. They cause a drain on city welfare programs, often breed racial conflict...

Author: /time Magazine | Title: Cities: The Renaissance | 3/23/1962 | See Source »

...perform peritoneal dialyses-exchange of body fluids in the abdominal cavity. The doctor put a big hypodermic needle through the abdominal wall of each baby, and through it he dripped a sugar solution until the little bellies were slightly bloated. After an hour, a similar amount of fluid was drained off, and some of the salt, mixed and diluted, came with it. The needle stayed in place, and the drip-and-drain process was repeated every four hours, round the clock. Dr.Kiley worked on five babies this way for 36 hours, with only an hour's nap, until...

Author: /time Magazine | Title: Medicine: Death in the Formula | 3/23/1962 | See Source »

...gold drain, a major U.S. affliction since 1958, results from the fact that the U.S. spends and lends more abroad than it earns there. In its foreign trade, the U.S. regularly shows a comfortable surplus ($5.6 billion last year). But this is more than outweighed by tourist spending, private investment abroad, foreign aid, military assistance to U.S. allies, and the cost of maintaining U.S. troops overseas-all of which added up to $16.6 billion last year. Things have improved somewhat since 1960, when the nation lost a jarring $1.7 billion worth of gold. But the fact that...

Author: /time Magazine | Title: Business: Waging the Gold War | 3/23/1962 | See Source »

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