Word: growth
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Dates: during 1960-1969
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...hosts to suspend their rule barring Lebanese and Western newsmen from the country. As a result, Arafat had a sizable EastWest audience for the first formal press conference he has ever held. Oozing confidence, the guerrilla leader strode into the Damascus University law-school auditorium wearing a five-day growth of beard but without the tinted wraparound sunglasses that have become something of a trademark...
...missile. Radical students, who staged a march at "I-lab" in April, insist that a university should totally shun research that is aimed at killing people. Moderate students and professors argue that the special labs' secrecy violates the academic principle of free inquiry, and more basically, that the growth of the special labs has diverted M.I.T. talent from domestic and social problems, such as housing, pollution and transportation. In fiscal 1969, the Instrumentation and Lincoln labs accounted for almost 70% of the $176 million that M.I.T. spent on all types of research...
...economic giant will continue its incredible growth. By 1975, says the Bank of California's economic consultant, Alden Fensel, California's gross state product will reach $150 billion, and business spending $18 billion (from the present $13.3 billion). By the same year, California's population will have risen to 23.5 million, and its personal income will have climbed from $81.7 billion to $100 billion...
Amexco's growth enabled it to survive a blow that might have shattered another company. In 1963, an obscure subsidiary, American Express Warehousing, was duped into issuing warehouse receipts for the nonexistent salad oil of Speculator Anthony De Angelis. American Express in 1967 agreed to pay $60 million to settle creditors' claims, half immediately, the rest in annual installments of $5,000,000 each year through 1973. The payments do not reduce Amexco's current reported profits because they are charged against earnings retained from prior years, and the company's growth has given it enough...
...success or failure of America's efforts to combat the apocalyptic cycle of waste and congestion appears to depend on the willingness of imaginative and enlightened public figures to lend their time to such banalities as sanitation, pollution, congestion, and conservation-and finally population growth...