Word: grained
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Richard Nixon and his White House have managed to stand above it all, exonerated by a vast majority of the American people. McGovern is running against President Nixon, not against ITT or Continental Grain or Maurice Stans and his overstuffed safe. The American people, for all their wariness, still separate the presidency from the events below. They do not want it to falter or be demeaned even though the men in office arrive there by the questionable trade of politics. All politicians, most people understand, can survive only on vast sums in campaign contributions, sometimes degradingly solicited. So while...
Before being chosen as president on the retirement of John Sloan Dickey, a master builder who had quintupled Dartmouth's endowment to $114 million, Kemeny was widely regarded as a near genius in the field of computers and math. Now 46, he is the son of a grain dealer from Budapest who fled Nazi anti-Semitism to settle in New York in 1940. A star student in advanced math and philosophy at Princeton, Kemeny was drafted to work on the Manhattan Project, and later became Albert Einstein's assistant. In 1953, when he was 27 and a teacher...
...like to say that in the introduction to the Confi Guide, it was suggested that readers take the articles with a grain of salt. With respect to the article on the Afro-American Studies Department, I would like to suggest that readers of its use several tons of salt and pepper in order to balance its failures. Kevin Mercadel '74 Endorsed unanimously by the members of Afro
Because six to nine months can elapse between the time a dealer buys from a farmer and sells to a customer, the value of the grain held in terminals can fluctuate wildly. If the price rises, the dealer can make a large profit. If the price drops just a few cents, a large dealer can lose millions. To hedge against such losses, dealers usually go into the commodities futures market and buy enough grain to cover each order, contracting to purchase the grain at a specified price six months to a year ahead. Shipping the grain itself from storage elevators...
American farmers and traders to sell their goods overseas at a gain. Like any poker player, the men who wager in the grain-trading business are able to rest a bit more easily if they know they have an ace in the hole...