Word: needing
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Dates: during 1960-1969
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...also feels that the Administration will need his vote in the future. "The President can do a lot of things for you and, I assume, some things to you. But on the other hand, the ability of a President and a member of Congress to get along is not limited to a single vote, no matter how cruel that vote may seem at the moment...
...Early American furniture. Then Robert Tannahill became an art patron and collector himself. Every year he traveled abroad to the art centers of Europe. At home he helped struggling young artists educate themselves and find a market for their work. Under no pressure to work, under no need to meet a payroll, he gave where he found the giving useful, he bought when he found the value worth preserving, and he could afford to disregard the sureties of market taste. He did not feel compelled to buy the typical or the characteristic. He did on occasion-a great painting...
...point of fact, only three journalists, have had their Vatican credentials lifted in the past 18 years-and only one lost his permanently. Vatican press briefings, moreover, have increased and improved (TIME, Oct. 31). Yet some officials-among them Deputy Secretary of State Archbishop Giovanni Benelli-apparently felt the need to protect themselves against misinterpretation. Explained a Vatican insider: "Journalists today try to write like theologians, getting involved in highly controversial doctrinal matters. Any journalist who behaves irresponsibly in doing this kind of reporting can damage the religious consciences of Catholic readers around the world...
...some $750 million to the Export-Import Bank's funds. Exporters can now borrow only limited amounts at the bank's 6% interest rate, and must finance the rest of their sales with private loans at 9% or more. Many foreign competitors can borrow all they need from their governments at low rates-and save a crucial 1% or 2% in financing costs. A second measure would allow U.S. corporations to defer income taxes on export profits-so long as the money is reinvested to generate more exports-without setting up a corporation abroad...
Scrapping Flights. Halaby may need all his charm and brilliance to right Pan Am, which has just posted a record nine-month loss of $4,500,000, compared with earnings of $39,500,000 for the same period last year. On the lucrative North Atlantic run, globe-girdling Pan Am has been nosed out of first place by rival TWA. Pacific routes that once were Pan Am's alone are now aswarm with competitors. To cut its losses, Pan Am has scrapped 23 unprofitable flights in the Pacific and announced layoffs of 450 pilots and flight engineers. Said Halaby...