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Having written off $11.7 million in lost loans during the first nine months of 1974 (v. 3 million in all of 1973), Security National desperately needed to increase its capital. At the same time, however, depositors were steadily pulling out-at least partially because they had been shaken by the failure in October of another overly ambitious Long Island bank, the Franklin National, which suffered from many of the same problems as Security National. Had Security National actually closed its doors, it would have been the fourth sizable bank to go under in the past 16 months...
...popular Big Minh, Thieu's only real rival for the presidency, abruptly pulled out of the campaign, charging that the election was a "disgusting farce" blatantly rigged by the Presidential Palace. The only other potential rival, Ky, had already been shut out-at least "provisionally"-by a highly restrictive election law. Then, after a palace showdown between Bunker and Thieu following Big Minh's withdrawal, the nine justices of South Viet Nam's Supreme Court met and ruled that Ky could qualify as a candidate after all. Ostensibly, what had started as a three-man campaign...
Against this background "The Revolutionary" really encourages me. While Hollywood keeps on trying to exploit and assimilate us like the grand, sick monster it is, it's great to see a new director win out-at least temporarily-within and over that system...
...hand, hitch out of Hanover, while Yalies go off to visit their pill-swilling neighbors. Meanwhile, Wellesley girls, in tweed skirts and cloth coats, arrive in Harvard Square by the busload. Only Harvard men manage to sit relatively still. Of course, freshmen do tend to panic. For them, Radcliffe is out-at least until second semester, by which time most upperclassmen have warily dropped their all-too-serious Cliffies. Still, for most, Radcliffe must exist only as an ideal, a symbol of the Maidenhead Impermeable that one pursues through the head, not the heart...
Coffee, 15?. The prices were an indication of the times. Some 47,000 grandstand seats along the parade route were sold out-at $2 to $10 a throw. Street concessionaires posted their price lists: coffee, 15?; hot dogs, 20?. Washington hotels had been booked solid for months-some at triple the normal rate-and clamorous visitors were begging for sleeping space as far away as Philadelphia and Pittsburgh...