Word: interests
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Dates: during 1960-1969
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...challenges academic freedom. But when the issues are obscured by a veil of polemic, reasoned discussion becomes impossible. Academic freedom suffers because researchers are threatened with or subjected to personal attack for doing studies which are perceived as inimical to someone's or some group's interest...
...from the museum said that Bates Lowry, 43, had "resigned for personal reasons." Actually, the reasons were not so much personal as mysterious. One put forth by knowledgeable observers was that President William S. Paley had demanded Lowry's resignation because he felt that Lowry had shown insufficient interest in raising funds. That was hardly enough to fire a man outright. An additional motive seemed necessary. The likely one would be that Lowry, who was somewhat brash and arrogant in manner, had managed to antagonize either an influential senior curator or official, or some trustees, or a combination...
...government controls the supply of Eurodollars; nor is there any regulation of the interest rates on Eurodollar loans or the uses to which they are put. Thus the expatriate dollars are extraordinarily sensitive to the gyrations of monetary supply and demand. They race across national boundaries in response to tiny changes in interest rates, and their existence complicates government efforts to curb currency speculation. It is hardly surprising that European moneymen have come to regard the Eurodollar as a genie that has somehow escaped from its bottle...
Financial leaders are particularly worried because the interest rates on Eurodollars have been rising with alarming speed. They jumped from 7% in December to a record 10% last week on three-month loans. Economic policymakers complain that the rise is leading to an unwanted worldwide increase in interest costs...
Like General Sherman, most U.S. investors are convinced that war is something less than heaven. Last week, ignoring the normally bearish portents of monetary upheavals abroad and higher interest rates at home, Wall Street's customers seized on rumors of brightened peace prospects in Viet Nam to continue the stock market's best rally in more than a year. The Dow Jones industrial average rose four points to close at a year's high of 961.61. All told, the 38-point rise since late April was the Dow's best performance since 13 months ago-when...