Word: landed
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Dates: during 1960-1969
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Instead she sits alone among a hundred people crammed onto a tiny square of land. Her environment is noisy, yellow, hard, and smells of hotdogs. The most important part of her existence is her body. Is this like the way we live...
...first glance; it might appear that the antagonism between Harvard and the rest of Cambridge should have lessened since the 1930's. Harvard no longer buys up massive tracts like Kerry Corners; the total land area of the University has expanded by only one-third since 1939. The old ethnic antagonisms have abated, indeed almost disappeared; Yankee Harvard no longer faces off against Irish Cambridge. Over the years, a series of Cambridge politicians and civic leaders have grown up to bridge...
...what banks fail in Texas, as long as the Federal Deposit Insurance Corporation protects us? That would be a fitting refrain these days in the Lone Star State, where five small, state-chartered banks have collapsed since April.* Their fatal maladies were, variously, loose lending policies, lax management, land speculation, declining rural communities and, in one instance, alleged embezzlement. Perhaps it only reflects the new permissive attitude of the times, but Texas depositors have taken the closings with carefree jollity. Says Robbie Ferguson Jr., cashier and vice president of the failed Big Lake State Bank: "At first...
...F.D.I.C. guarantees all deposits of member banks up to $15,000. Thus when the First State Bank of Aransas Pass (pop. 8,000) failed to open last week, the F.D.I.C. moved in with what by now has become a familiar operation to many Texans. The bank had speculated in land adjoining the site of a planned metallurgical plant, and lost heavily when the plant did not materialize. The price of failure was borne by First State's shareholders, who do not enjoy any Government protection and who suddenly found their $860,000 of shares worth nothing. The F.D.I.C. sold...
...major reason for the glut is bumper crops resulting from good weather. On top of that, the major exporting nations, except the U.S., have expanded their wheat acreage. In Australia, for example, the amount of farm land devoted to wheat has doubled in the last five years. Improved technology and a new high-yield strain of dwarf wheat have greatly reduced the annual import needs of food-shy India and Pakistan. Both countries now expect to become self-sufficient in wheat production by the mid-1970s...