Word: limiteds
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Dates: during 1960-1969
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...modern warfare, with escalation to the nuclear level an ever-present threat, such a tactical use of diplomacy comes as a welcome alternative to the battlefield. The "new diplomacy" may not bring about negotiations tomorrow, but the flexibility which Johnson has introduced may well shorten the war or limit its intensity. The Russians will probably first solidify their position in the North. The Hanoi-Moscow line might then soften, and a consequent softening by Washington and Saigon may follow. When and if that happens, historians will be left to debate whether the settlement that develops could not have been reached...
...billion Franklin National Bank, a traditional maverick, offered 4.8% for five-month savings certificates (a form of deposit certificate) as small as $19.69. At least 15 New York savings banks hit back by lifting their savings-account rate to 4½% - a full ½% above the legal limit for rival commercial banks. Last week the 4½% savings rate spread to S. & L.s in Minneapolis, Dallas, Kansas City and parts of Missouri. By week's end, savings and loan men estimated that 250 S. & L.s and at least 100 banks had raised their rates on regular or certificate...
...Cabinet went Thomas Fraser, who as Transport Minister infuriated Britain's freewheeling motorists by proposing a 70-m.p.h. speed limit and spot-check drunkometer tests. And out of the demanding home-secretaryship went Sir Frank Soskice, 63 and ailing, who intends to retire from politics by the next general election...
...money market. Because the dollar is the chief currency of world trade, the repercussions also spread abroad. The Bank of Canada responded by raising its own basic interest rate from 4¼% to 4¾% , and two Canadian commercial banks lifted their prime rate to the 6% legal limit. In Europe, the value of the dollar strengthened in money markets...
...Rotary Clubs, which require of their fellowship applicants a signed statement that one is not connected with any Communist organizations, reflect their preoccupations in a key question--"If you are awarded a Rotary Foundation Fellowship for International Understanding, how, specifically, do you think it will benefit you and others? (Limit response to 200 words...