Word: marketeers
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Dates: during 1970-1979
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...policy quickly focused on Hungary and Poland, two countries that follow the Kremlin's general line in foreign policy but tolerate considerably more internal freedom than the Soviet Union. In Hungary the government has introduced some profit incentives and free-market forces in the economy, and visitors from neighboring Austria no longer need visas to enter the country. In recognition of these and other reforms, Secretary of State Cyrus Vance traveled to Budapest in January to return the Crown of St. Stephen, a 977-year-old treasure of the Hungarian monarchy that had been in American hands since...
...April, after Hanoi announced that all free enterprise in the South had been abolished, the major exodus began. This belated effort to stamp out the vestiges of capitalism was a particular blow to the Chinese, who have long been among South Viet Nam's most thriving businessmen and black marketeers. In the enclave of Cholon, the Chinatown of Ho Chi Minh City (formerly Saigon), Chinese merchants had succeeded in cornering the trade in black-market rice, as well as such luxury goods as American bourbon, Algerian orange juice, German cameras and Tiger Balm from Hong Kong. Ideologically outraged by this...
...Trudeau, Henry Kissinger, Arthur Burns and Averell Harriman, helped Nelson Rockefeller celebrate his 70th birthday last week. And it is to Pocantico Hills that the Rockefellers plan to retire eventually. To that end, the former Vice President has put his 21-room retreat on Seal Harbor, Me., on the market. The down-East house, which has a cantilevered deck over the crashing surf, is up for grabs for a cool $1 million. Sotheby Parke Bernet, the agent for the sale, has already issued the word: "If you have to ask about a mortgage...
Castello admits, however, that the bill "has not exactly caught on like wildfire," and that it is not likely to pass in the House. Despite the dark cloud under which the testing establishment has fallen recently, the immense market for standardized tests--such as the minimal competency tests that many states are now adopting--is growing, Castello says, adding, "As a nation we are showing no sign of decreasing our reliance on these tests...
Many Cambridge residents regard the University as being in the real estate business for profit. Although most rents are at the market level, Harvard owns an estimated $8 million worth of tax-exempt property in Cambridge, and makes a $507,000 in-lieu-of-tax payment. The situation in Boston is similar, except that Harvard pays no in-lieu-of-tax payment there and the value of exempt property is twice as high--an estimated $16 million. Harvard has not yet decided whether the corporation will handle Boston properties. The most publicized complaints, from Boston Fair Share and Cambridge community...