Word: interests
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Dates: during 1960-1969
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...panel headed by Robert A. Ainsworth Jr. of the Fifth U.S. Circuit Court of Appeals in New Orleans, the new code provides only one narrow loophole. Because several judges protested that the ban on nonjudicial activities was too sweeping, an exception was made for services in the public interest, such as teaching at law schools-provided that approval is obtained from the appropriate judicial council, that the services do not interfere with judicial duties, and that the pay is publicly announced...
From the viewpoint of public interest, the Geneva trip was something of a disappointment. Except for an open-air evening Mass celebrated by the Pope in the Pare de la Grange, where 60,000 people showed up, the crowds were amazingly small. Some Protestant traditionalists showed their displeasure at the visit by holding a prayer vigil at the supposed site of Calvin's grave, and nine Presbyterian ministers picketed World Council headquarters with signs saying "No peace with Rome" shortly before the Pope's arrival. The major threat to the peace of the day-a planned demonstration...
Inflation has distorted the entire economy. It has forced the Government to raise taxes, curtail its spending for social programs and reduce the supply of money. One result is that interest rates have climbed to their highest levels in a century, spreading turmoil in the financial markets and discomfort in corporate board rooms. Businessmen gloomily foresee a slow year for profits. Consumers, despite their affluence, feel financially strapped and vexed to the point of outrage at the soaring prices they must pay for both the necessities and the luxuries of life. President Nixon says that an attack on inflation...
Last week the battle against inflation entered a new and crucial phase. The phase began when the nation's commercial banks raised their minimum interest charge for loans from 71% to an unprecedented 81% - a move that was widely interpreted as a portent of a serious credit crisis. The next day, the Government's top economic policymakers managed to sound downright alarmist as they made a rare joint appearance at a Washington press conference to plead for an extension of the 10% surtax on personal and corporate incomes. That tax, which is due to expire June...
Inflation has damaged the quality of life in the U.S., particularly in cities, and is cutting into the social fabric. Companies find it increasingly difficult to lure employees from field offices to head quarters cities where prices are highest, particularly in New York and Chicago. Lofty interest rates and fast-rising land and construction costs aggravate the na tion's shortage of modern housing and put homes beyond the financial reach of many people...