Word: keys
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Dates: during 1970-1979
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Such a potpourri is exciting and profitable, but many of the old Conchs, used to ups and downs, see storm clouds looming. They fear Key West will lose the fragile character that has made it a mecca for both the offbeat and affluent. Already, the growth has strained the island's police, fire, street and sanitation services, and caused a low-and middle-income housing crisis, accompanied by a large tax hike, that has forced many workers off the island. Last year there were frequent power shortages and sewer-pipe breaks. How well the island weathers the impending storm...
Chamber of Commerce President Tim Miller is one who sees Key West's 1.2 million visitors as a boon rather than a burden. Says he: "Our destiny lies with a steady growth in tourism." The big battle among the three business forces-those favoring limited growth, increased tourism and light industry-will be over the use of 100 acres of the old naval station that will be transferred to city control within a year. It includes the island's best stretch of beach and has the potential for a fine deep-water harbor. A portion, including Harry Truman...
...Key West's isolation is probably its true salvation. The community is united against wholesale expansion of the narrow U.S. 1 from the mainland, and building costs are very high. Most Conchs, as well as most of the tourists who love the island, seem convinced that the storms may indeed come, the booms may bust, but in the end Key West will still retain its flavor as the Last Resort...
When he was called last month to testify before a Cincinnati grand jury investigating a prison escape, the Rev. Maurice McCrackin refused to appear. He was a key witness because he had been kidnaped and held hostage by two convicts who had broken out of the Lucasville, Ohio, penitentiary...
...however, Buckley allegedly proposed that Starr itself buy the theaters. The next year it did -for $8 million, most of which represented assumption of the partners' loans. The SEC charged that this was an improper use of Starr's assets, and that Starr had left out key information, such as the fact that Sitco was losing money, in its 10-K reports. These are reports to the SEC containing detailed financial information that must be submitted annually by nearly all public companies...