Word: mightly
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Dates: during 1960-1969
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...recommended Herbert Stein as a member of the three-man council and George Schultz to become Labor Secretary. His closeness to Nixon raises a somewhat ironic problem. The Federal Reserve is supposed to be independent of the President, and those who cherish this concept usually worry that the President might put too much pressure on the Board. In Burns' case, the question might rather be whether the Federal Reserve chairman would put pressure on the President...
...peace, and a belief that peace would be bullish. They bought stock in close to record amounts and sent the market to its sharpest gains in months. Prices spurted early in the week on hopes that the Moratorium demonstrations would compel the Nixon Administration to take some action that might further scale down the war. Stocks paused at midweek as investors took profits, but climbed again on news of the Communist offer of direct talks between the U.S. and the Viet Cong. Prices tapered after the U.S. rejected the offer...
...cyclamates, ordered by HEW Secretary Robert Finch last week, might hit millions of weight-watchers in the waistline, but it is a real body blow to the rich diet-food industry. In the 20 years since cyclamates were discovered, sales of products containing the nonnutritive sweeteners have risen to $1 billion annually. An estimated 21 million pounds of cyclamates will be consumed this year. The biggest manufacturer, Chicago's Abbott Laboratories, figures that cyclamates account for 4% of its sales, which were $351 million last year...
Crap Game. Undaunted, companies go right on turning out new products. Last week Honeywell introduced a $10,600 "kitchen computer" programmed to help the U.S. housewife plan her meals and balance her checkbook. Though Honeywell might sell some to millionaires who have everything, the product could be the precursor of much cheaper small computers for the home; other companies are already working on the idea. Singer recently announced that its Friden office-equipment division will bring out at least one new product a month for the next year. "Developing new products is like a gigantic crap game," says Boone Gross...
...week in his polka-dot shirt, Levi's and sneakers, he seemed more a displaced mountain man than movie star, a character created not by Logan but by Zane Grey. When he launched into one of his stories, punctuated with bammos! and whistles, arm waving and mimicry, he might well have been regaling a bunch of the boys around a campfire...