Word: louse
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What Humphrey has, as does Richard Nixon among the Republicans, is the affection and indebtedness of hundreds of influential party officials around the country?Congressmen, mayors, Governors, state committeemen?for whom he has campaigned, raised funds and opened many doors in Washington. He must now translate these lOUs into meaningful support...
Artificial Reserves. The new money goes by the awful label of S.D.R. (for "special drawing rights"). It will consist of wholly artificial reserves, set up as a separate fund on IMF's books and backed by lOUs in the currencies of participating countries. Nations will automatically be credited with S.D.R. in proportion to their regular IMF deposits, but only 30% of S.D.R. actually used need ever be repaid. The other 70% becomes a permanent increase in each country's liquid assets-"paper gold" that moneymen feel should some day become as coveted as the metal...
...other section at the convention (356 v. 355 for the East, 352 for the Midwest, 262 for the West, eight for Puerto Rico and the Virgin Islands). Nixon could well enter the convention with 450 of the 667 votes needed for nomination. In addition, he has scores of lOUs from the 1966 campaign, when he traveled 30,000 miles (more than when he ran for President) in 35 states, often shaving three times a day to erase that famous five-o'clock shadow...
...entree to the President's office. The staff cutback was attributed to economy; the Democrats still owe $2,400,000 from the 1964 election. Arthur Krim, president of United Artists Corp., was appointed finance chairman to head a $5,000,000 fund drive to pay off the old lOUs and bankroll this year's activities...
Schickele explains solemnly that he first stumbled on P.D.Q., whose existence was known only "from police records and tavern lOUs," while touring a Bavarian castle in 1953. To his amazement, he says, he found the care taker using a piece of manuscript as a strainer for his percolator. It turned out to be the Sanka cantata...