Word: ende
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Dates: during 1960-1969
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...possible future cuts rather than further increases in the rate from which all other interest rates are calibrated. Gaylord Freeman, chairman of Chicago's First National Bank, goes so far as to predict that the prime rate may drop to 7½% or even 7% by year-end. Most bankers and economists are more cautious. They warn that interest rates could yet bounce up again. So far, though, demand has been dropping more than it usually does in the summer...
...Exchange. From an early 1969 low of 34⅛, it climbed to a June high of 130½. In July it fell back into the 70s, then swiftly rebounded. An announcement by company officials that they are "formulating plans" to begin exploratory drilling off Sumatra by year's end sent the stock up 101 points in one day early last week, to 106⅜. It closed Friday at 101⅜−or about 85 times Natomas' 1968 earnings of $1.20 a share...
...want a continuity of beautiful pictures and beautiful movement," insisted Photographer Gordon Parks about his first feature film, The Learning Tree. "I try to start each scene with a beautiful still photo and end each scene with a beautiful still photo." Indeed, there are many images of startling beauty in Parks' film, like the dappled summer light shining through the trees on a country lane. The Learning Tree's major problem is not with pictures but with people...
...END OF LIBERALISM by Theodore J. Lowi. 322 pages. Norton...
...failure of government. Accordingly, he would strengthen congressional control over federal programs by putting a five-to ten-year limit on all organic acts of legislation. Congress would then be free to overhaul or eliminate programs that do not turn out as they were intended. He would end de facto apartheid in congested areas by breaking down the artificial distinction between cities and suburbs. A study of Chicago convinced him that Negroes could be redistributed by bus throughout city and suburban schools until they constituted about 15% of the student body in each. This, Lowi feels, would achieve integration...