Word: interalli
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Dates: during 1960-1969
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...Another poll, conducted by New York's John H. Kraft, Inc., revealed, to no one's astonishment, that members of the A.F.L.-C.I.O. overwhelmingly fa vor the re-election of Lyndon Johnson in 1968. The report, based on inter views with 1,700 unionists, showed the President a 55%-to-22% favorite over Nixon, 46%-to-30% favorite over Romney, and a 60%-to-16% choice over Reagan. There was one surprise, though, and a portent of trouble. A.F.L.-C.I.O. members under the age of 30, more flexible in their political allegiances than their fathers, preferred Romney over...
Revenue & Relief. Recently, at a ceremony on the Jupiá dam site, Brazilian President Arthur da Costa e Silva (TIME cover, April 21) was presented with a loan of $34 million from the Inter-American Development Bank. But 70% of the Urubupungá project was home financed. In fact, a reason for building two dams instead of one was to keep finances within reach: getting Jupiá into production fast will relieve the power shortage even while it produces revenue to build the second...
...normally supply 44% of the money to finance homes; mutual savings banks and commercial banks each provide another 14%. Thus 70% of the $275 billion tied up in residential loans (mostly of 20-to 30-year duration) comes from passbook savings subject to almost instant withdrawal. When inter est rates rise rapidly, S & Ls and savings banks are caught in a pincers. To keep their savings accounts, they must pay higher interest, but their income from existing loans remains fixed. So they curb new lending...
...Rockefeller's Office of Inter-American Affairs. He earned a commission as a naval aviator, served four years on antisubmarine patrol but never sighted a sub. While in service he married Mary Louise Phillips, a Vassar art major he had met at a postfootball party at Yale. She quit in her senior year to marry him; they now have five children.* Eager for a career in public affairs, he entered Harvard Law School in 1945, because "law schools seem to attract an extraordinary number of the people who have the highest potential of each generation." He made the Harvard...
Secondly, we need generalists who are competent to inter-relate the functions and the interests of one component of our society with another, who understand how to calculate the common, overlapping interest. Someone must comprehend and be capable of acting on knowledge about where the various pieces of the picture fit together, how they best integrate into the whole coordinated effort. The man who develops an inter-disciplinary, inter-community experience can better perform this function. Ideas must cross-fertilize across arbitrary groupings, and ultimately to communicate those ideas effectively you need to movement, not just words and pieces...