Word: funneled
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Ford has yet to completely explain how his plan would funnel money from motorists into the pockets of the unemployed. Yet he feels that immediate action is necessary. "I don't know what they are thinking in Washington or whether they know we're in real trouble," he says. "There's no time left." The auto industry already is in a depression, according to Ford; he predicts sales of 8.4 million next year, down about 600,000 from projections for this year and sharply below the 11.4 million sales of 1973. Workers laid off at his company...
...dollar has also lost some of its zing because of a policy switch by the oil-producing countries. Until recently, the oil nations received and invested nearly all of their oil revenues in dollars and British pounds; lately, they have begun to spread out and funnel more of their receipts into other currencies, notably the Swiss franc. Alarmed at a sudden and disruptive surge in demand for Swiss francs from nervous outsiders eager to unload dollar holdings, the Berne government took steps to stop the surge. Nonresident foreigners will have to pay 3% quarterly penalties on new bank deposits...
...known as the Chinese Intelligence Service and is believed to be part of the foreign ministry's information department. The service's primary job is to sift intelligence data from members of Chinese embassies and overseas news correspondents, who act as secret agents. The Chinese Communist Party, however, does funnel funds to revolutionary groups abroad, particularly in Asia and Africa. From time to time, Chinese covert operations also have failed spectacularly. In 1965, Indonesia reacted to China's attempt to sponsor a revolution in the archipelago by butchering tens of thousands of Communists...
...shadowy world of illegal pro-football betting, they are known as "readers" - informers who funnel inside information on a team's physical and mental condition to bookies and oddsmakers (TIME, Jan. 14). Most bookies have to settle for readers who pick up their dope secondhand from players, coaches, owners or even locker-room attendants. Now two big-time operators in New York City stand accused of using the best kind of reader available: the official orthopedic surgeon of the New York Giants...
That left the 17th, a 441-yard par 4. It was a treacherous hole. The tee was set back in a funnel of trees overlooking a narrow creek. About 200 yards out, the hole began a deceptively sharp 75-degree dogleg right toward a 2800-square-foot green. There was deep rough and a line of thick trees on both sides of the fairway, and in front of the green there was a gaping pond that had already served as an unwelcome commode for the balls and dreams of more than a few players in the Pleasant Valley field...