Word: moneymen
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Dates: during 1960-1969
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...between gold's monetary price and its free-market price remains small. For the present, the latest $2 billion of gold to reach private hands creates a price-depressing oversupply in the market. If the free price rises to $45 per oz. or more, as some European moneymen predict, it may tempt some nations to sell official gold for the profit. Hoping to prevent that, the U.S. last week made it clear that its gold window will be shut to governments that refuse to cooperate with the new system. Could a central bank dump gold on the free market...
...doorbells, reaching most of New Hampshire's 89,216 registered Democrats, and to mail out some 700,000 pieces of literature at a minimal expense. As it was, the campaign cost anywhere from $170,000 (McCarthy's figure) to $300,000 (the Administration's figure). Key moneymen: Dreyfus Fund President Howard Stein, who is said to have raised some $100,000; Arnold Hiatt, executive vice president of Boston's Green Shoe Manufacturing Co.; independently wealthy Harvard Social Scientist Martin Peretz; and San Francisco Heiress June Degnan...
Arriving at Manhattan's NBC news studios, leased for the premiere of the Public Broadcast Laboratory (TIME, Nov. 10), Executive Director Av Westin last week found a note left by the regular occupants. "The moneymen of Huntley-Brinkley," the message read, "hope you do-gooders do good. Good luck!" PBL will need some luck; it didn't do so good...
...lOUs in the currencies of participating countries. Nations will automatically be credited with S.D.R. in proportion to their regular IMF deposits, but only 30% of S.D.R. actually used need ever be repaid. The other 70% becomes a permanent increase in each country's liquid assets-"paper gold" that moneymen feel should some day become as coveted as the metal...
...electoral votes, small-staters suffer from other handicaps that do not afflict the Governors of New York, California and Michigan. With their modest personnel budgets, they cannot readily afford the large staffs necessary to put a politician in the spotlight and keep him there. There are fewer big moneymen in the back yard willing to finance political spadework, fewer political professionals available to give counsel and serve as delegate hunters...