Word: money
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Dates: during 1960-1969
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Ford Foundation expects to get more than its money back in loan repayments, interest and stock dividends. Where will that money go? Back into other foundation work...
...will act. It will not share in the general paralysis afflicting aid efforts in so many parts of the world." Using an industrial term that harks back to his days as a Ford Whiz Kid, McNamara proposed that the bank increase its "throughput"-the total amount of money that the bank borrows from private lenders or gets from governments and then doles out in loans-to $10 billion in the next five years. Of that sum, large chunks would go to improve education, wipe out illiteracy and modernize agriculture. McNamara insisted that the time has come for the bank...
...included in this figure is the batch of 41,850 Econoline vans called back by Ford last week. A worker at the company's Lorain, Ohio, plant hit upon a production shortcut by shoving brake hoses through a spring coil. It saved time and money while it lasted, but the resulting malfunction of the Econoline's front brake may now cost Ford $100,000 to repair...
...policy of seeking alternative military responses to nuclear weapons, the government found it easier to get first-rate scientists like Watson...He could take a particular problem, suggest lines for more fruitful investigation, and save the military researchers months of work as well as a great deal of money...
...Faculty of Arts and Sciences, which appropriates funds for all departments of study each year, "doesn't have much money," Huntington said. "It was necessary for them to impose restrictions on the amount of money we could spend on tutors and teaching fellows," he added...