Word: expectance
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Dates: during 1970-1979
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...totaling upward of $5 million a year, paid by shipping companies to union officials to buy labor peace. The FBI also infiltrated waterfront racketeers in New York at such a level that one undercover man became a courier for payoffs from shipping companies to the union. Justice Department lawyers expect to obtain indictments against both union officials and shippers starting next month...
White House economists, perhaps too optimistically, expect a food-cost rise of about 6% this year, on top of last year's 8% increase. Beef will lead the parade. Over the past two or three years, high feed costs and drought made cattle raising unprofitable. Beef supplies piled up and prices fell, so ranchers cut back their herds even more...
Those found guilty of overdeducting in previous years can expect audits, as can those whose returns were prepared by tax advisers suspected of bending the law. Even simple math mistakes or failure to sign the form can trigger an audit, since agents scanning these "problem" returns may spot irregularities...
...Commerce Secretary himself. An inveterate doodler, Richardson, who also served as Attorney General in the Richard Nixon administration until the infamous Saturday Night Massacre, loaded his self-portrait with symbolism. He is painted into a corner, Richardson pointed out, but signal flags in the background impart the message: "I expect to refloat." Tiny sperm whales on his blue necktie recall the adage, "The spouting whale gets harpooned." Quipped Richardson of his canvas: "You may ask yourself, 'Why not the best?' The answer, of course, is that it's too expensive...
...honestly didn't even expect to make the final this week,"' Evert, who picked up $10,500 for second place, said...