Word: mill
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Dates: during 1960-1969
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Steep, narrow streets, wrinkled old Chinese selling vegetables, white matrons walking with their arms full of laundry, families of tourists admiring the shops and looking for a Chinese restaurant. People smile, stop and talk on the street; it is predictably peaceful. But in Portsmouth Square, 200 people mill around a rostrum. On the platform are an army bugler, a line of speakers and a big sign that says...
...peaceful mill-in is scheduled to be held in the Administration building today...
...arrests will be made today, Johnson added, except "in very aggrieved cases."Only campus police will be present at the beginning of the afternoon, he said, "A mill-in action will be permitted so long as free passage is not blocked...
After wartime service as a Luftwaffe fighter pilot (four allied planes bagged and two Iron Crosses), he worked as a superintendent in a small steel mill. He was elected in 1953 to the Bundestag and served for five years (1961-66) as West Germany's Minister for Economic Cooperation, a post that gave him a solid grounding in international affairs. Two years ago, Scheel won control from the conservative faction of the Free Democrats and engineered a radical shift in party policy-from right of the Christian Democrats to left of the Socialists on a number of issues...
...Federal Reserve controls the supply of credit and the level of interest rates. It thus largely determines how much interest the consumer must pay to borrow for a new house or car, how much the businessman must pay to borrow for a new hamburger stand or a steel mill-and whether many kinds of loans will be available at all. By influencing the rate of business expansion, the board also helps decide the worker's chances of finding a job or winning a raise and the corporate executive's chances of making a price increase stick...