Word: money
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Dates: during 1960-1969
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...Russians still spend billions of dollars annually in furthering the Communist cause abroad. The bulk of the money goes for arms for North Viet Nam and oil for Cuba, which are items that advance Soviet diplomatic aims. The U.S.S.R. until recently supplied one-fifth of the Italian party's $10 million budget, helps the Indians financially, subsidizes the illegal party of West Germany and supports the Latin American parties. Danish Communist leaders get three free suits a year made in East Germany, and some parties get a rake-off on whatever trade or tourism their countries do with the Soviet...
...captured are not uncommon, and since the beginning of the year, some 200 guerrillas have been killed. They also profess to be unconcerned by the apparent futility of many of their attacks, the intramural rivalries among commando groups, and signs of mounting conflict with other Arabs. They still have money -from Arab governments and private contributions-and enough recruits, and they seem determined to fight on regardless of consequences. As one of Al-Fatah's leaders said last week, "We are now living in a honeymoon with the other Arabs. We don't know when it will...
...stride by the slow early pace, made his bid coming into the homestretch. It was too late. Driving for the wire, Arts and Letters held the lead and won going away by 51 lengths over Majestic Prince, with Dike third. The game little colt picked up first-prize money of $104,050 and new status as one of the Belmont's foremost spoilers...
...reason for the crisis is that money for the arts is tighter than it has been in years. Because of more pressing social needs, the Federal Government, as well as many state governments, has cut back its spending on culture. Much of the money that formerly came from the big corporations is now going into the ghettos. As for private donors, explains the Los Angeles Philharmonic's Zubin Mehta, the same reliable philanthropists also give to museums, hospitals and universities, and they have just about reached the limit of giving. Foundation money, like the $80.2 million that Ford gave...
Haack is no defender of the tradition of setting commissions so high that they enable even inefficient brokerage houses to make money and the most efficient ones to make barrels of it. Donaldson, Lufkin & Jenrette, a house that specializes in institutional orders, has consistently had a profit margin of 50% before taxes under this system. Individuals can make more money with less work on Wall Street than almost anywhere else in the economy. Some neophyte brokers earn commissions at a $50,000 annual rate within six months after graduating from a training course, and veterans fairly commonly make...