Word: investable
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Dates: during 1960-1969
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...victory over hunger also demands that backward countries scale new heights of social, political and economic organization. As the U.S. example shows, it takes vast amounts of capital-$30,500 per U.S. farm worker v. $19,600 for an industrial worker. Some experts figure that developing countries must invest $80 billion before 1980 just to feed their growing populations at today's unhappy level. Beyond that, there is a need for chains of agricultural-research centers and schools abroad, partly staffed by an army of young U.S. technicians-one Congressman would call them the "bread and butter corps." Incentives...
...economy, there was also plenty of argument about how to go at it. Last week Andrew Brimmer, Johnson's newest appointee to the Federal Reserve Board, urged a suspension of the 1962 law that lets companies deduct from their income tax up to 7% of what they invest in new factories and equipment. Brimmer insisted that capital spending has now reached "unsustainable levels," posing a threat of sharp cutbacks and a drop in the whole economy later...
Group Leader Muscat seemed pleased to see him go. "Huffines wasn't chief executive of those companies," he said. "I am. He sold because he wanted extra money to invest in farms and chicken ranches and that sort of thing." Huffines retorted that chickens, actually, are only a small part of the operation...
...page blast at lawyers and 300 pages of assorted forms that readers are urged to use in setting up revocable living trusts. In Dacey's version, a man puts most of his estate into life insurance, makes a bank trustee but directs the bank to invest the estate in a mutual fund. While the bank pays his heirs out of the trust income, the mutual fund turns a tidy profit in assorted fees...
Patricia Peardon makes a beautiful Olivia, though she is not at ease with her lines; and the veils she and her retinue wear when Viola-Cesario first visits her ought to be far less transparent. Elizabeth Parrish needs to invest the part of Olivia's maid Maria with more vivacity. Fabian, her male counterpart, fails in the hands of Julian Miller to leave much of any impression...