Word: grossing
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Dates: during 1960-1969
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Written during a hectic three-and-a-half weeks in the summer of 1741, Handel's oratorio has always been a smash. If a nearly endless succession of well-meaning popularizers have taken gross and extravagant liberties with it, Handel is partly to blame. A shrewd businessman, he ensured The Messiah's success by hiring the best and most popular singers in 18th century London to sing it. If the bass singer was not very good, Handel would turn the bass aria into a recitative, rewrite it for an alto or even a soprano. For flexible soprano voices...
...arena where the U.S. and Russia will have less influence is Asia. Thanks to a phenomenal growth rate, Japan has already become the world's third-ranking economic power; by 1980, its gross national product will have exceeded that of all the other nations in Asia combined. Japan will certainly continue to resist the impulse to become a military power once again. But its industrial and economic strength will give Japan growing influence over its Asian neighbors, and economic aid plus a regional military role will probably become inevitable toward the end of the decade...
...gross national product of about $1.4 trillion (in 1968 dollars), compared with about $943 billion now. The growth rate should be in the range of 4.3% to 4.4% a year, compared with an average 4% for the postwar period...
...occupied the administration building to dramatize their demand that 20% of the construction workers on future Harvard buildings be drawn from black and other "third world" groups. Last week Harvard officials cited the fact that the nonwhite population of Cambridge is less than 10%, and called the 20% proposal "gross and seemingly illegal discrimination." Next day black students responded by preventing workers from entering a Harvard construction site, taking over the faculty club and seizing University Hall as well. Once more, they left the administration building without causing violence, but not before Harvard got a court injunction, and at least...
...Monetary History of the United States 1867-1960, a decline in the nation's money supply has preceded every recession except one (1869-70) in the last hundred years. After World War I, for example, the Government cut its spending by an amount equal to 16% of the U.S. gross national product. On top of that, the Federal Reserve contracted the money supply by 5.2%. Says Paul McCracken: "The remarkable thing is not that there was a 1921 recession but that our economic system survived under this massive fiscal and monetary whipsaw...