Word: investments
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Dates: during 1970-1979
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...annual commitment of $1.5 billion for the next five years was in the hands of Congress, not the Administration. To help stanch the hemorrhage of reserves, he proposed an Israeli-U.S. trade council, similar to the Soviet-U.S. Trade Council, to encourage U.S. businessmen to invest in Israel...
...animals (including a herd of elephants), chariot races, and one of the world's highest Ferris wheels (150 ft.). LeRoy has already shouldered Hardwicke Companies Inc., a firm in which he is a major stockholder, into spending $50 million on Great Adventure; eventually the company expects to invest $200 million. Says Charles Stein, head of Hardwicke, which has investments in safari-type parks round the world: "We put our whole company at stake because we believe in his creations...
Without naming a figure, Nixon also promised to give the Egyptians economic, scientific, medical and technical aid, as well as to work out cultural exchange programs and to encourage American business to invest in Egypt. At the moment, ventures worth $2 billion are under discussion. Sadat accepted an invitation from Nixon to visit the U.S. later this year...
Meanwhile, commercial banks face new checking competition from another source: Boston's Fidelity Group of Mutual Funds last week announced a plan that enables customers to write checks against interest-earning mutual fund accounts. Fidelity is starting a Daily Income Trust that will invest deposits of $5,000 or more in such high-interest securities as Treasury bills and bank certificates of deposit. Each investor who wants the service can also open a no-balance checking account at Boston's National Shawmut Bank. When the bank gets a check for payment, it will withdraw the funds from...
...Well, I don't anticipate either of those events transpiring. I don't see that it's realistic to consider any reference of this matter either by the Congress or by the President to the courts. The Constitution does invest the responsibility to the Congress rather than the Courts...