Word: marketing
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Dates: during 1960-1969
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...place for his academic problems: this is a misconception. The Freshman Dean's Office helps students out financially many times in helping to get home or meeting small personal emergencies. Freshmen use it for every excuse from flirting with the secretaries to getting advice on the stock market. A comment by one of the secretaries in the Office who had just helped a student is a good example of much of the Administration attitude: "Officially I'm not supposed to do it, but it means nothing to me: I have nothing more important to do." They have little else...
...harsh pressures of supply and demand. In 1961, when the world wheat glut reached a record 1 billion bushels, the surplus consisted exclusively of U.S. and Canadian produce stored at North American facilities. Today, surpluses are also piled high in Australia, Hungary, Bulgaria, the Soviet Union and Common Market countries. Most of the new exporters lack both the storage capacity and the inclination to retain their surpluses in order to stabilize world prices. As a result, the 1968 International Grains Arrangement, which was aimed at fixing minimum world prices, has all but collapsed...
Washington fears that the U.S. will soon be forced to make further price cuts in order to hang on to its traditional 40% share of the shrinking world market for wheat. If so, the chief losers will be U.S. taxpayers because more farmers will elect to unload their crop at the domestic subsidized price and the Government will have to pay the cost of storage until the wheat can be sold. The problem is likely to prove persistent. U.S. farm experts figure that the world supply of wheat has grown so large that even a serious drought...
Researchers will go anywhere and test anything in the hope of finding medicines to use against diseases and disorders that by present methods are either difficult to treat or incurable. One of their most fortuitous finds was made in a Peoria (Ill.) market, where they scraped from an overripe cantaloupe the parent strain of mold that fathered millions of doses of penicillin. Now that most of the world's land surface has been finecombed for microbes that might yield new antibiotics, the scientists are turning to the sea. One useful drug, cephalothin (which is effective against many germs that...
Soon Eddie has enough political and financial leverage to engineer, among other entertainments, the election of Warren G. Harding and the stock market crash of '29. (One of his hired hands -a rather unsteady parody of the real Arnold Rothstein-amuses himself with the trivial business of fixing the 1919 World Series.) Somewhere in the middle of the corporate organization chart, Al Capone also works for Eddie...