Word: lowe
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Dates: during 1960-1969
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...mostly militants, were sent in. Stokes' bet paid off. Rioting stopped and no one was injured, though looting continued. Two nights after the flare-up, Stokes returned the Guard and an integrated police force. The Cleveland Insurance Board estimated damage from both fire and looting at a relatively low $1,000,000 to $1,500,000-a figure that does not cover small shop owners who could not obtain insurance...
Successively, he became involved as an investigator of graft in Hyderabad (he nailed the grafters), in the promotion of a machine to extract gold from low-grade ore (it did not work well), the colonization of Kenya (he fell into an elephant trap), lobbying for a gold-silver currency standard (it was not adopted), and the hawking of a patent disinfectant called Electrozone. If his promotion was good, his financing was inadequate, and if both were good, someone cheated him out of his commission. He borrowed from his brothers, his friends, their friends and his children, and lectured his nephew...
...consequence is a dismayingly low percentage of college men in police work. Only a very few forces, including Los Angeles', require any higher education at all. Another is that more and more policemen have to moonlight to make ends meet?and in most cities are required to carry their guns off duty?as guards or cabbies. This can itself provoke violence. Arguing in a New York traffic tie-up last week, one off-duty cop shot another and was, in turn, shot by a third. Result: one dead, one seriously wounded...
...hunting students on the labor market, this June's joblessness rose a full 200,000 more than anyone had expected. It rose to 3.6 million as compared with 2.3 million in May. As a result, the nation's overall unemployment rate climbed from a 15-year low...
...will be a success, Bank of England Governor Leslie O'Brien said after the Basel meeting: "I don't see any possibility of another devaluation." Similar faith was reflected on the foreign exchange markets, where the pound's price climbed last week from a post-devaluation low...