Word: expressed
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Dates: during 1970-1979
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Last week Fukuda announced a much bigger, $7.6 billion program of spending and loans, mostly for housing, superhighways, express trains, local transportation and sewer systems. To lower unemployment, Fukuda proposes retraining laid-off workers and granting as yet unspecified hiring incentives to employers. In addition, the nation's central bank would lower interest rates slightly to encourage business spending. All that, said Fukuda, should boost the annual growth rate to 6.7% by next spring, from 5.9% forecast currently, ease unemployment and stem the tide of bankruptcies, now running at 1,500 a month...
...appears likely that if enough students express an interest they will be able to take three meals a week at Harkness Commons. Rachel Raven, manager of the facility, said yesterday she sees no major obstacles to the plan...
...power in next March's parliamentary elections - which is entirely possible. The work of a so far anonymous author, Days is an instant hit: its first printing of 50,000 copies sold out in a day. The novel says the book editor of the French newsmagazine L 'Express, is "a marvelous projection of the present that always remains on the edge of reality...
...Riverside Park in Agawam, Mass., the main attraction was the Kennedy clan. Paterfamilias Ted braved the Thunderbolt roller coaster with Teddy Jr., 15, sailed through the "Music Express" with Kara, 17, and happily bumped minicars with Patrick, 10. The occasion: a three-day family outing in western Massachusetts. Besides his own brood of three, Ted took along seven of their cousins. The agenda included canoeing, visiting a wildlife sanctuary and, of course, sleeping under the stars. The Kennedys also visited the home of Herman Melville in Pittsfield, and caught the Linda Ronstadt concert at Tanglewood, where they were joined...
...Lance's case, the question is compounded by the fact that his loans-$5.3 million between 1975 and January 1977-were granted for the express purpose of enabling Lance to buy, with two partners, a majority share of the stock in his own bank. Federal law forbids banks to make such loans to their own officers, lest unscrupulous bankers use depositors' money to enrich themselves; but the law is silent about stock-purchase loans to correspondent bankers. Yet if a banker cannot borrow money from his own bank to buy its stock, why should he be allowed...