Word: investable
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Dates: during 1960-1969
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...foundation could solicit money from alumni,"Calkins said, "and then invest it in areas like Roxbury and Harlem. As the loans were paid back, the money would go to a college of the donor's choice...
Calkins, speaking on WHRB's Radio Forum, said that he opposed present student demands that Harvard invest some of its $1 billion endowment in urban renewal for areas like Roxbury...
Landlord's Profits. Most mutual funds invest their shareholders' money in stocks and bonds, but U.S. Investment Fund puts 70% of its revenue into income-producing U.S. real estate. Moreover, the fund sells its shares only outside the U.S. to non-U.S. citizens in order to avoid supervision by the Securities and Exchange Commission. Last week the fund's realty holdings passed the $100 million mark as it bought Ling-Temco-Vought's 32-story headquarters building in downtown Dallas for $16.5 million. L.T.V. will lease the space it already occupies, and the fund will...
...discipline that can be practiced by someone who has fled the old priesthood and has yet to found his own. The question that arises from many of Cohen's poems is: Where can a radically enlightened individual invest his passion and get a steady and satisfying return? Revolutionary politics has its possibilities but, as Cohen notes in his poem Kerensky, the vision of revolution is all too brief. Cohen's own experiences in this area include a disappointing 1961 adventure in Cuba as a would-be volunteer for Castro just before the Bay of Pigs invasion...
...simple matter of fuel presents another problem. A man will happily invest thousands of dollars in a boat, but turn into a pinchpenny when it comes to filling his gas tanks. In Southern California, an area that usually leads the nation in watery accidents, the island of Santa Catalina shimmers enticingly on the horizon, just 24 miles from Los Angeles. "Santa Catalina," says Coast Guard Lieut. Edward McGuire. "You can see it, and the distance seems perfect for a weekend's outing. Everybody makes a try for it, and lots fail: out of gas." In Miami, power-boatmen quickly...