Word: flooded
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Dates: during 1970-1979
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...Carter's original "hit list" of 32 water projects. The President compromised and restored 14 of the originally doomed projects. Then the House Public Works Appropriations Subcommittee restored 17 of the 18 projects still on Carter's list. (The lone loser: the $1 million Grove Lake, Kans., flood-control project.) Carter met three times with the subcommittee chairman, Alabama Congressman Tom Bevill, 56, with little result. The President then enlisted the aid of House Majority Leader Thomas ("Tip") O'Neill Jr., who was only able to persuade Bevill to cut small sums from five of the projects...
...Burnsian consensus reached at the April meeting of the FOMC was that some trimming of the growth of the money supply is necessary; too much money had begun to flood into the economy as it picked up steam in early spring. The group's decision was to push the federal funds rate up a bit, to as much as 5½%. The Federal Reserve's tighter money policy is already showing up in higher short-term interest rates-to which the stock markets are keenly sensitive-as well as in a rise in the prime lending rate that...
...Path Between the Seas looks back with frank admiration on the men and machines that toiled 44 years to join the Atlantic and Pacific oceans at the Isthmus of Panama. Historian David McCullough, 44, author of The Johnstown Flood and The Great Bridge, skirts such contemporary controversies as U.S. control over the Canal Zone. There is matter enough for him in history. The isthmus belonged to Colombia until 1903, when the U.S., under Teddy Roosevelt, encouraged a local revolt and sent American warships to block the landing of Colombian troops. Congressional doves objected to the gunboat diplomacy, but they were...
...issue was brought to public attention again in the Curt Flood case. Flood, a star outfielder for the St. Louis Cardinals, challenged the right of that team to trade him against his wishes. The Supreme Court voted 5-3 in favour of the owners, on the grounds that if the reserve clause was an anti-competitive measure, it was up to Congress to legislate the inclusion of professional baseball under the Sherman Antitrust...
...expense of its owner (James Stewart). Also aboard are many of his paintings and a gang of hijackers who gas crew and passengers and slip down below the altitude where radar can track the craft. Then they fly it smack into the ocean. The thing sinks but does not flood, thanks to some watertight compartments Stewart has thoughtfully provided for his artwork. Everyone behaves predictably. Pilot Jack Lemmon is valiant and resourceful, older character people like Olivia de Havilland and Joseph Gotten are stoic and gallant, while the hysteric (Lee Grant) is hysterical...