Word: flow
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Dates: during 1960-1969
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...riffles the hair with a comb, examining density and flow; then he begins...
...economic problems have troubled John Kennedy more than the U.S. gold outflow-the steady erosion of the nation's gold reserves by foreign claims. Early in his Administration, the President determined to make a concerted drive to stem the flow. That determination remains. But many businessmen and economists are concerned about whether the Administration is actually doing enough to stop a long-term outflow that could eventually drain the nation's reserves to a perilous level and destroy international confidence in the dollar...
Even during the cruises, mail and radio reports flow out to the yacht. Last week, heading slowly back to Estoril from a trip through the Mediterranean, he paused briefly off Gibraltar to confer with two leaders of his council. He also stopped at Cartagena as guest of the local naval commander...
...Still Backward. Occasionally Franco contributes an article on economics to a Madrid journal, signing his pieces "Hispanicus," and he takes full credit for Spain's economic progress. Actually, much of the credit belongs to huge injections of cash and advice from abroad. Start of the money flow came even before Franco agreed to let the U.S. build air and naval bases on Spanish soil; in a decade the U.S. pumped $503 million into Spain in military aid alone. An even greater sum from abroad has gone to modernize the Spanish economy and implement the 1959 stabilization plan after Spain...
Advice from Europe. Many bankers both at home and abroad sniff that this is overly mild medicine. The real reason for the continuing gold drain, they argue, lies in low U.S. interest rates, which encourage U.S. investment capital to flow out to higher-interest countries abroad...