Word: money
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Dates: during 1960-1969
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...Rather, he plans to spend the next few weeks visiting the homes of promising high school prospects, searching as always for that "quality kid." Says he: "I can spot that good home as soon as I walk in the door. I don't mean the furnishings and the money. I mean whether a kid is loved and whether there is discipline in the home...
...memory link with the adobe hut and the Alamo. Aided by the Ford Foundation ($2,400,000) and bolstering that grant with $900,000 from the pocketed dimes of children as well as the black gold of oil, the people of Houston have much more to show for the money than a structure of civic pride. They have that unique treasure, a native home of the spirit...
Died. Yusif Bedas, 56, former president of Lebanon's Intra Bank, central figure in one of the Middle East's most spectacular financial scandals; after a long illness; in Lucerne, Switzerland. Bedas founded a money-changing business on a $4,000 stake in 1948, built it into a $350 million empire centered around Intra. But in 1966, as depositors' money suddenly flowed out of Beirut, Intra collapsed; Lebanese authorities held him responsible for "unorthodox banking practices," but Bedas maintained that "enemies" had conspired to break...
...turn over more authority to the International Monetary Fund. But the harsh fact is that the current, outdated system has already cost much sovereignty by forcing nations to take unwanted and potentially unhealthy steps to raise taxes, restrict trade and deflate economic growth for the sake of sound money...
...Santa Fe at Seagraves, with the T & P at Odessa, and along the way make stops at Andrews (pop. 11,000) and Seminole (pop. 6,000). It will have only 50 employees, but it will be highly automated. The founders are confident that it will not only make money hauling commodities out of the area, but more important, attract new industry...