Word: money
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Dates: during 1960-1969
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...modernized term for World War II's famed gremlin); another was having trouble finding the word aelurophile (it is a variant of ailurophile, meaning lover of cats). Ofttimes the department is called upon to settle arguments-last year two college roommates quibbled about who makes more money, pro footballers or auto racers (the top stars are about even-in the six-figure range). Both lawyers-and prisoners-by the score request citations of cases referred to in TIME'S Law section, and Medicine brings a flood of requests for further information on stories. Most new products we mention...
...appeared in such odd corners as Garden City, L.I., where Nassau County Executive Eugene Nickerson-the grandson of an Anglican clergyman-hailed her as the "happy crusader," and tacky Gaelic Park, a sometimes Irish hurling field in The Bronx, where she greeted the crowd in Gaelic and said that money was pouring in so fast "we haven't had time to count...
...huge deposits of iron, sulfur, copper and other minerals. The Manhattan expedition could provide other benefits as well. By opening up the Northwest route for commercial shipping, it would cut the distance between New York and Tokyo by 3,320 miles and save shippers both time and money...
Even though they disclaim any thoughts of setting up a new class of conglomerates, insurers have so much cash to invest that their new tactics can have an enormous effect on the economy. Last year, life insurance companies alone had over $17 billion of new money to invest, or almost 14% of gross private investment. To investors who have been accustomed to getting only an interest return on loans, says Washington Economist Miles Colean, "an exposure to equities is like the taste of blood to a young lion." The insurance industry's new look may have an even greater...
Promoted to Hilton president in 1966, Barron immediately began reorganizing a management that had been as spread out as its hotels. By centralizing the purchase of housekeeping items under a subsidiary, Hotel Equiment Corp., he saved the parent company money on everything from carpets to cutlery. He reduced the size of hotel payrolls and, to save capital while expanding, formed partnerships with other investors to build Hilton hotels in such places as New York, San Francisco and Hawaii...