Word: gargantuans
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Last year Bunker and his syndicate began buying silver again, this time on a truly gargantuan scale. They were soon imitated by other speculators shaken by international crises and distrustful of paper money. It was this that sent the price of silver from $6 per oz. in early 1979 to $50 per oz. in January of this year. Chairman Walter Hoving of Tiffany & Co., the famous jewelry store, was incensed. Tiffany ran an ad in the New York Times last week asserting: "We think it is unconscionable for anyone to hoard several billion, yes billion, dollars worth of silver...
...figments of theorists' imaginations, black holes apparently do exist. Radio and infrared data gathered within just the past few years imply that the centers of all galaxies are dominated by supermassive objects. For example, current exploration of the heart of our own Milky Way galaxy has recently revealed a gargantuan whirlpool of matter whose integrity can be maintained only by the existence of a heretofore unrecognized "something" having several million times the mass of our Sun. Gulping perhaps whole stars, and presumably growing, this bizarre region is probably a black hole. The qualifier is needed because we are still learning...
Corporation members said Heiskell's business background will help during the coming five years of the Harvard Campaign, the University's gargantuan fund drive. Heiskell's appointment tips the Corporation's membership further towards business...
This year, these miscellaneous groupings-- and other budget categories, which exist more concretely in budgetary tables than anywhere else--made possible a $223,000 surplus in the Faculty budget. That money looks insignificant next to the gargantuan $50 million overall Faculty budget, and you shouldn't expect it to help moderate next year's tuition increase. The $223,000 will disappear into the Faculty's Fund for Instruction, a $4 million account which has absorbed past surpluses and from which the Faculty covers any deficit it runs...
...ever behind the choices the Corporation makes. Although Harvard's phenomenal $1.4 billion endowment--nearly twice as large as Yale's the nearest competitor--looks like a sturdy nest egg to envious officials of other universities, Corporation members see only inflation and recession eating away at it. A gargantuan $250 million fund drive will kick off this fall to shore up the endowment so they can rest easy once more...