Word: feds
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Dates: during 1960-1969
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Brainchild of Frans Q. den Hollander, former president of Netherlands Railway, Trans Europe was born of a desire to make travel truly pleasant. "I am fed up with the bureaucrats at the borders," said Den Hollander. His original plan called for a single type of train that would link a united Europe-with a spur under the Channel to Britain. Although that grand scheme has yet to be realized, Den Hollander has succeeded in eliminating visa-checking delays at borders. Nowadays customs officials do their work aboard the moving trains...
Indeed, the bulk of his best poetry is seared with a fiery desperation, fed by rage and self-laceration. The world's ills become his own, and his own the world's: / hear...
...plant is not available, says Bellows, the paper could share production facilities with the New York Times -the kind of quasimerger that has taken place at considerable savings in other cities. As for the problem of distribution, that could be solved-unions permitting-by satellite printing plants fed by electronic transmission. "That way," says Denson, "you could jump across the New York traffic...
Unconcerned, the Fed's chairman delivered another lecture, this one against speculative trading by institutions. "Increasingly," said Martin, "managers of mutual funds, and portfolio and pension-fund administrators are measuring their success in terms of relatively short-term market performance. In effect, they set a target on a growth stock, attain that target, unload, and then seek other opportunities for quick capital gains." Given the size of their buying power, said Martin, such activity "may virtually corner the market in individual stocks," at the least cause undesirable price fluctuations. "Practices of this nature" said he, "contain poisonous qualities reminiscent...
...musical score by computer; after its performance by a chamber-music society, critics called it "flat but interesting." Art students at Harvard create modern abstractions by using a computer to scan a conventional scene, then program it to delete parts of the picture. Two M.I.T. political science students fed 300 variables from two dozen small wars into computers to predict the outcome of the Viet Nam war. Their less than sensational finding: if both sides follow present tactics, the war will move gradually toward settlement...