Word: fasts
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Dates: during 1960-1969
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NATIONS are like people: no matter how much money they have, they never seem to have enough. Today the world has more capital funds for investment than ever be fore. Yet there is disturbing evidence that capital is not being created fast enough to meet the rising volume of legitimate needs. Capital is scarce and costly almost every where, and the global shortage will worsen unless two basic remedial steps are taken. First, ways must be found to develop more funds. Second, the "flow" or distribution of capital has to be sped up and improved...
Government is a fast-growing source of capital formation. Though the Government spends prodigiously on services, salaries, subsidies and defense, which add little directly to capital formation, it does make quite a contribution to the nation's capital resources by building dams and roads, making loans, and investing in education, manpower training, health programs, research and development. The Budget Bureau estimates that these federal investments will rise from $27.3 billion in fiscal 1967 to $31.9 billion...
...last week's twelve-hour endurance race at Sebring, Fla., the one-two finish of the fast new Porsche prototypes was almost a foregone conclusion. But the performance of ex-Road Racing Champion Roger Penske's Chevrolet Camaros, which placed third and fourth, was a startling surprise. The Camaro, after all, is a standard road car, not a finely tuned racer. Penske's entries were no run-of-the-showroom models, to be sure; at a cost approaching $25,000 apiece, each machine had been modified for racing with the addition of everything from a souped...
...McDonnell two months ago sold 25 DC-10s to American Airlines at $16 million apiece; American also has an option to buy 25 more. Lockheed's response was to slash L-1011 prices from $17 million to $15 million each, and coolly advise prospective customers to buy fast-before the price went back...
...Boss. Such expansion has characterized Morrison's ever since it opened its first cafeteria in a Mobile relief hall in 1920. Named after Co-Founder J. Arthur Morrison, an Alabama restaurateur who had seen a cafeteria in Denver and brought the idea South, the business caught on so fast that three more branches were opened within a year. Anxious to avoid the dreariness that afflicted so many other cafeterias, Morrison's employed waiters to carry the customer's tray to his table, also set most of its serving lines out of sight of the dining areas...