Word: jannings
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Dates: during 1960-1969
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...holidays in. And they are packing the islands right up to the high-water mark. Pan American increased its seats to and from the Caribbean by 41% this year (to 26,000 a week), but so many people are there now that no seats are available coming back before Jan. 10. Late bookers found BOAC in the same merry fix. Puerto Rico had upwards of 75,000 visitors last weekend alone. Jamaica's bookings were up 25% from last year. The sun-seekers poured in with their presents already bought, and were prepared to sing Silent Night on Christmas...
...second stage of a two-stage income-tax cut, thus giving consumers $11.5 billion more to spend and corporations $3 billion more to invest. In addition, they put through a long-overdue reduction in excise taxes, slicing $1.5 billion this year and another $1.5 billion in the year beginning Jan. 1. In an application of the Keynesian argument that an economy is likely to grow best when the government pumps in more money than it takes out, they boosted total federal spending to a record high of $121 billion and ran a deficit of more than $5 billion. Meanwhile...
...they have invested $190 billion in new plants and machines in the past five years?will pay off with a 3% productivity gain in 1966. That will serve to temper inflation, and so will the fact that the medicare bill will lift social security taxes $5.5 billion yearly beginning Jan. 1. As of now, Government economists expect that consumer prices will rise about 2.5% and wholesale prices will increase 3%?which is not bad enough to require stern corrective measures...
...problems of everyday life. In its intimate, folksy manner, with such articles as Why I Left Sunday School or How to Listen to a Sermon, the magazine was engaging but seldom provocative. Now the old order is changing. Last week the Rev. Daniel A. Poling, 81, announced that on Jan. 1 he will retire as editor after 40 years on the job. A conservative in his politics as well as his religion, Poling will be replaced by Ford Steward, 56. A staffer since 1938, Stewart has developed some ideas of his own about how to run a religious monthly...
...sound of Jingle Bells faded in a banquet room at San Francisco's Mark Hopkins Hotel, Chairman Horace W. Brower rose to address 80 of his top executives. Said Brower, 65, who is recuperating from major heart surgery: "I'm pulling out as chief executive Jan. 1. That will give me more time for fishing, for golf and the recovery of my health." With that, command of one of the nation's largest and least understood financial empires shifted to President John R. Beckett, 47, the architect of a five-year expansion that has transformed Transamerica, once...