Word: hiked
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Dates: during 1960-1969
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...Striding out of Memphis along U.S. Highway 51, with a Bible in one hand and in the other an ivory-headed ebony cane that he had acquired during a 1964 trip to Africa, Meredith was bound for Jackson, Miss., 213 miles to the south. The announced purpose of the hike was to encourage Mississippi Negroes to register as voters, to challenge, as he put it, "the all-pervasive and overriding fear that dominates the day-to-day life of the Negro in the United States...
...there is no rice stored at the next two stations." And once Giap's men arrive, he must keep them supplied by the same tortuous, 800-mile route. Every pair of 81-mm. mortar rounds fired by Giap's men in the South represents a three-month hike down the trail...
...there was a softer note from another side. Last week Federal Reserve Chairman William Mc-Chesney Martin, who had previously urged tax increases to battle inflation, told a meeting of the American Bankers Association that he could well under stand why the President had held off on a tax hike until "he knows where we are going in Viet Nam." In a fascinating sideshow to the ABA sessions in Spain, Martin's Federal Reserve colleague, Board Member J. Dewey Daane, appeared in a Toledo ring and made four respectable passes with a scarlet and yellow cape at a "bull...
...increase. This time the index was up by 3.5%, to a level of 112.5, meaning that last month it required $112.50 to buy what a consumer was able to purchase for $100 during the base period. When added to the January-March increases, it represented the sharpest four-month hike in the cost of living in the last 15 years...
Actually, Johnson could have tempered the current excesses by calling for higher taxes early this year-and then he could have rescinded the tax hike before November. Now it is probably too close to election for him to risk a tax increase, unless a major expansion in Viet Nam spending leaves him no other choice. Instead, the President has fought inflation by using the old jawbone technique and several new devices, including the speedup in withholding taxes. Most important, he has depended on Chairman William McChesney Martin and the Federal Reserve Board to cool off the economy by tightening credit...