Word: millions
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Dates: during 1960-1969
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...increase, second in four months, brought the rate to its highest level since the 1929 crash. To make money more scarce as well as more costly, the board also increased the amount of cash that banks are required to keep in reserve. In effect, the board "froze" some $650 million in lendable funds, which translates into a withdrawal of more than $2 billion in credit from the economy...
...pilot "community schools" have hit public systems where they are most sensitive: in the purse. Boston's experimental district, like the three demonstration districts in New York City, has been funded by outside money, in this case a federal grant. The Office of Education offered Boston 1.5 million dollars over three years if it would give up some of its control to the parent advisory council which wrote the proposal for the money. No School Committee could refuse that kind of money and stay in office...
Brown points to a number of factors which may force the Coop to lower its dividend rate as it did two years ago. Although sales have continued to grow (they will be over $16 million this year, compared to $15,282,000 last year), expenses have risen at a faster rate. Marginality has finally caught up with the Coop. For years he Coop had endeavored to give, in a sense, a double discount. Besides the patronage refund, the Coop has always made a point of pricing as low as or lower than its competition. In fact, the Coop was founded...
...describe as a sixth sense for publicity. The other five did not really matter; Raquel's publicity raced pellmell ahead of her films. "20th Century-Fox billed me as a sex symbol in Fantastic Voyage," she recalls, but "I was nothing but a rotten little nurse." In One Million Years B.C. she was a cave lady lurking about in a pneumatically uplifted fur sarong. She did something for the costume, and the studio proved it by using a publicity still (James Bond Mistress stance) on 2,000 Christmas cards. In a twinkling, everybody knew about Raquel...
Ploy No. 1: "I can't respect you any more." The opening gambit for all student movements, says Feuer, is "the moral de-authorization of the older generation." Like a replay of Death of a Salesman, a million sons must unmask the hypocrisy of a million fathers. Feuer writes of three generations of 19th century Russian students: "Each generation refused to be morally castrated as its fathers had been...