Word: interestingly
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Dates: during 1950-1959
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...special interest in the Democrats v. Nixon contests was the fact that Tennessean Kefauver did as well in the Midwest, where he is still regarded as the farmers' friend, as in the South, which regards him as a civil libertarian. Massachusetts Catholic Kennedy trailed Nixon in the East, the Midwest and the Far West, picked up his entire advantage in the South, whose friendship he has been careful to cultivate, e.g., by his recent vote for the jury-trial amendment on the Senate's civil rights bill...
...Association, whose members sell newsprint for U.S. dollars, complained that the "abnormal and artificially high value of the Canadian dollar" had created an "urgent and pressing problem" for ex port industries, which still must pay their domestic costs in high-priced Canadian dollars. In Alberta cattle growers found the interest of U.S. buyers waning in the face of a 6% exchange...
Supply & Demand. Economists had a ready explanation for the demand for the Canadian dollar: heavy foreign investments in Canadian securities. But Canada's tight-money policies also figured in the climb. Last week the Royal Bank of Canada and the Bank of Montreal increased their prime rate-the interest rate on high-grade business loans-to 5¾% (v. 4½% in New York). The rise will drive more Canadian borrowers to the New York money markets for funds, and with their borrowed U.S. dollars, they will help bid up the price of Canadian dollars...
...With interest rates at their highest levels in more than 25 years, the Federal Reserve, whose tight-money policy was designed to offset the very real danger of runaway inflation and its disastrous consequences, is now starting to look around the next bend. Testifying before the Senate Finance Committee last week, Chairman William McChesney Martin Jr., who still emphasizes the perils of inflation, permitted himself a guarded hint that he thinks his policy may have succeeded. Said Martin: "I think savings are increasing rapidly. I am inclined to think we are reaching a leveling-out process, and interest rates...
Iranian oil law passed this month specifies that the state company must hold a 30% interest in any joint venture, assuring Iran of at least a 65% slice of the profits. Like it or not, Iran has so much promising oil land that at least two U.S. companies are now considering moving into Iran to explore under the terms...