Word: localize
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Dates: during 1960-1969
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...whole operation is the tax-free bond. Since holders of bonds issued by such local and state authorities do not have to pay federal income tax on the proceeds of the bonds, they are willing to accept a lower interest rate than they otherwise would demand. Currently, the interest rate on the tax-exempt bonds is slightly more than four per cent. Borrowing at a bank can cost about seven per cent. Harvard gets an annual return of about 5.8 per cent on its general investment funds...
...down in the south of France eating bouillabaisse with local fishermen, up north touring the farm lands, or in Paris hosting a diplomatic do or two, chances are U.S. Ambassador to France Sargent Shriver is out on a tennis court. Last week it was a Franco-American match in the gardens of the French Senate, as Shriver, playing alternately with U.S. Amateurs Chuck Pasarell and Arthur Ashe, went into action against a pair of French aces. After four games, the score was 2-2, then a smashing Shriver forehand put away the fifth game of the foreshortened...
...nearest their home. When they lived in the Spring Valley area, they went to Westmoreland Congregational Church. After they moved to Wesley Heights, their congregation became the Metropolitan Memorial Methodist Church. Not only was the church just a few blocks away, Pat once explained, but it also sponsored the local Brownie troop to which the Nixon daughters belonged...
...Early Guerrilla. David defeated Goliath, Gale adds, because he possessed fire power-meaning a primitive but effective missile-plus "the courage, the skill and the brains to use it." David might be considered an early prototype of the socially conscious guerrilla fighter, "cultivating friendship with the local people, who were happy to have a protector against the marauding Philistine tribesmen, even if for this he demanded tribute. He foraged far and wide, bringing retribution where it was due and giving succour where it was needed." Even in one of the most tragic defeats of Hebrew history-the futile defense...
...Proposition--A local satirical revue that has its fans. At 241 Hampshire St., Inman Square, Cambridge...