Word: money
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Dates: during 1960-1969
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...Panther hangouts. A pair of Panthers are being held as suspects in the fire bombing of a McCarthy-for-President center in San Francisco. Two weeks ago, Panthers cradling rifles invaded a Seattle high school where Negro students were terrorizing whites. Other Seattle Panthers shook down students for protection money in another school. Federal law officers have a strong hunch that some Panthers augment their membership dues with burglaries...
Victory at Forest Hills last week brought Ashe a wealth of prestige, but Tom Okker took home the first-prize money of $14,000. Classified as a "registered" player in The Netherlands, Okker could opt for either expenses or prize money. The U.S. has no such classification, which is why Ashe may well turn pro when he gets out of the Army next February; there are rumors that he already has been offered a $100,000 contract. In the meantime, he is looking ahead to December's Davis Cup Challenge Round in Australia, when he hopes to help take...
Sudden Smashup. Before the central bankers hammered out final details of the scheme in Basel, the signs of a monetary storm were all too evident. Buffeted by the Czech crisis and persistent clamor for an upward revaluation of the strong West German deutschmark (a move that was drawing money out of London), the pound had sunk to within a whisker of its post-devaluation low of $2.38¼ in foreign exchange centers. Harold Lever, financial secretary to the British Treasury and a key figure in selling the scheme abroad, noted: "If the agreement had not been achieved, there would have...
Some of the money will finance further withdrawals of the London reserves of sterling-area countries. But the amount has now been limited by individual agreements with Britain. If the British devalue the pound again, they will have to compensate their sterling allies for most of their losses. The bankers intend to give the British economy time to recover. If it does, the pound could possibly thrive again as a center of international finance. Even if it does not, a diminished role for sterling may help avert some of sterling's recurrent crises...
...years of far-ranging enterprise, Utah Construction & Mining Co. has spent hardly any money on advertising or public relations. For good reason. "We don't sell to the ultimate consumer," explains President Edmund W. Littlefield, 54. "We have relatively few customers, and relations with them are handled directly at the executive level...