Word: latter
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Dates: during 1960-1969
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...loss of a sense of community is particularly serious. In some ways modern society binds the individual too tightly, but in other ways it holds him too loosely-and the latter causes as much pain as the former. He feels constrained by the conformity required in a highly organized society, but he also feels lost and without moorings. And both feelings may be traced to the same cause: the disappearance of the natural human community and its replacement by formula controls that irk and give no sense of security...
...Aetna Life & Casualty (assets: $8.6 billion) agreed to go into a partnership with California-based Kaiser Industries and Kaiser Aluminum & Chemical Corp. They expect to move into commercial, industrial, residential, recreational and agricultural real estate. The three will pool $175 million in cash and properties. Among the latter are Aetna's 630-acre Warner Ranch near downtown Burbank, the Kaiser Companies' 6,000-acre Hawaii Kai residential and resort complex in Honolulu and the 87,500-acre Rancho California project 80 miles southeast of Los Angeles. In a similar venture, American Standard Inc., the plumbing potentate, joined last...
...bookkeeping treatment of the 7% tax credit to which companies are entitled on purchases of machinery. The board wanted to force businessmen to spread that credit over the life of the machinery instead of taking it entirely in the year of purchase. About 80% of U.S. companies use the latter method; for some, it provides the difference between profit and loss...
...biggest hits of this season, the off Broadway play Little Murders and the Broadway musical 1776 looked ready to be counted among the losers before they opened. The former had already failed once in New York (on Broadway in 1967, when it flopped in seven performances); the latter got mediocre reviews during its road tryout, had no big names among its cast or credits, and opened in New York to almost no advance ticket sales...
...Jack and Jill race" and identifying the female riders as "jockettes." At Lincoln Downs, the track bugler her alded the racing debut of Mary Clayson, a 32-year-old mother of two, with a rendition of Mame-her nickname. The girl jockeys are thriving on the ex posure like latter-day Lady Godivas. As of last week, they had finished in the money 25 times in 56 starts...