Word: highway
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Dates: during 1960-1969
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...city of rich, luminous colors that smells of dende oil, coconut milk and malagueta pepper and resounds to the throaty, metal-stringed strum of the African berimbau. To the north, once-sleepy Belem has turned into a throbbing mainstream of the Amazon's economic life, thanks to the highway linking it to Brasilia. In the remote Amazon city of Manaus, Brazil's fabled old turn-of-the-century rubber capital, life moves almost as languidly as the deep black waters of the nearby Rio Negro...
...sluggish last winter, the President and the Reserve Board have been working in tandem. The Federal Reserve sliced required bank reserves to make money more available. The Administration pushed the reinstatement of the 7% investment credit on corporate capital spending, pumped money into a drooping mortgage market, stepped up highway and other construction spending, including $1.14 billion more released last week. Federal Reserve Chairman William McChesney Martin and his governors also took a major step last week. The seven-man board voted unanimously to reduce the discount rate-the interest rate charged banks that borrow from the Federal Reserve-from...
...Committee has found discrimination mostly at the low-income level, and expects it to become more severe if the proposed Inner Belt is built. Construction of the highway would probably mean the loss of 1200 homes, and the project leaders hope to find new openings for Negroes before that occurs...
...blusters and pounds his fist if someone maligns Lyndon Johnson or another Democrat. He knows California as few other people do: probably no one else could be so effusive about the redwoods or the Los Angeles freeway system; probably no one else can name the tiny settlements that dot Highway 395 as it climbs from Barstow to Bishop...
...done," he says. "All they were really concerned with was taxes, I guess." Working without the blessings of second sight, Brown pitched a campaign that emphasized the "results" of his eight years in office: electoral reforms, a two billion dollar water program, a master plan for education, highway construction, and the establishment of a Fair Employment Practices Commission...