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Word: independentsâ (lookup in dictionary) (lookup stats)
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...success in the supertanker business is collateral. Like the other independents???a group that soon came to be known as the Argonauts?Onassis practiced a clever technique of self-financing. Because the oil companies were unwilling to tie up cash reserves in new hulls, he only asked them for long-term (seven years or more) charters to haul their crude. Armed with the charters, he made firm contracts with shipbuilders, banks and insurance concerns, pointing out that the new tankers, with life spans of up to 25 years, would earn back their cost in roughly a third of their working...

Author: /time Magazine | Title: FROM CAMELOT TO ELYSIUM (VIA OLYMPIC AIRWAYS) | 10/25/1968 | See Source »

...disenchanted Democrats, on the other hand, like Rockefeller. The trend is underscored by a recent Gallup survey. Among voters of all ages, 46% consider themselves Democrats, 27% Republicans, 27% independents. But among those under 30, only 38% call themselves Democrats and 22% Republicans. The remaining 40% regard themselves as independents???voters who are more concerned with current is sues and individual excellence than with traditional party labels or party loyalty...

Author: /time Magazine | Title: Nation: IN SEARCH OF POLITICAL MIRACLES | 7/26/1968 | See Source »

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