Word: gap
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Dates: during 1960-1969
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...Western world owe their rising living standard in large part to the monetary system that now shows increasing signs of fragility. There are at least two separate, but related, troubles. The volume of world trade is rising far more quickly than the global supply of gold. To overcome that gap, the IMF last year devised a sort of "paper gold"-a new international money called "special drawing rights." Use of the SDKs, as they are called, awaits ratification by nations that contribute at least 80% of the IMF's $21 billion bankroll...
...feel an ever more crushing burden of taxes. He has yet to persuade a great number of citizens that he is wholly to be trusted. His narrow victory may complicate the task. "The problem will not be easy," he acknowledged this week. "We are confronted with the generation gap; we are confronted also with a racial gap. But I am going to try to establish communications with every one of the dissenting groups...
...forbidden him to take trips in the flat," the bishop writes, "he would no doubt have gone out with friends when he wanted to drop acid. And then I would have accomplished nothing except alienation." By the time Pike returned to the U.S., he was convinced that the gap between them had been conquered. He was stunned when a priest interrupted evensong services at Grace Cathedral in San Francisco to tell Pike that his son had been found dead in a Manhattan hotel room...
...attempt to close that gap is part technological, part financial, part political. In big cities, building-trades unions have long been a major obstacle to fully industrialized housing?buildings with huge parts preassembled in a factory instead of handcrafted at the site from myriad bits and pieces. That money-saving process increases the employment of industrial workers but reduces the need for highly paid (up to $7.30 an hour) building craftsmen at the site. When Chicago's Mayor Richard Daley started flexing his political muscles, however, the unions agreed not only to erect factory-fabricated units, which had long been...
Harvard junior Keith Colburn finished a scant four seconds behind Shorter in third place. Colburn ran the best race of his career, starting strongly and maintaining a steady pace in fourth position most of the way. Throughout the fourth mile, Colburn gradually whittled away the gap between himself and Princeton's Eamon Downey. The two of them matched strides until Colburn turned on his speed in the final 100 yards to edge Downey by a second...