Word: funnelers
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Dates: during 1970-1979
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...approved of quality. By the end of the '20s, more than 1 million gallons a year of Canadian whisky came illicitly into the U.S., and a sizable proportion of it came from Seagram's. Until his death in 1971, Sam insisted that there was never a direct funnel between himself and speakeasies in the U.S., and he once dismissed the question by observing, "I never went on the other side of the border to count the empty Seagram bottles...
...pace. Why had he left? The day was nearing 22 straight hours of highway unraveling followed by the unraveling of events at The Wheel. The sound of an approaching freight train rent the air, rising above the flailing of rain. That's the sound people hear when the funnel is about to scoop them up. It turned out to be only a train...
Restic was holing up with game films and assistant coaches this week, a difficult man for sportswriters to corner. So Matthews would have lunch with Restic at the Varsity Club today and get all the dope, then funnel it to reporters...
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...