Word: poole
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Dates: during 1960-1969
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...accept a quota of castoffs, whom they sometimes charge 150% above standard rates for minimum coverage. For some accident-prone drivers, even that price may be a bargain, but insurance companies have been so fast and loose about canceling policies that many of those dumped into the assigned-risk pool do not deserve it. In 1964-65, for example, almost 70% of New York's assigned-risk drivers had clean driving records...
DeYoung for the Young. Very much in charge of Goodyear is Russell DeYoung, 58, who became chairman four years ago after six years as president. He neither smokes nor drinks, otherwise keeps in shape by taking a quick 50-lap swim in his homeside pool every night. He needs all the stamina he can muster. In Akron alone, Goodyear stretches five miles, which makes his regular inspection a hearty workout. He also goes abroad several times a year and logs 2,000 miles a week visiting Goodyear's 50 other domestic plants...
...them to dig it out. In fiscal 1967, only $1.4 billion worth was unearthed, but $1.7 billion worth was bought by industry, jewelers, dentists and speculators. The $300 million difference was made up mostly by sales from the U.S. to the so-called "London gold pool"-a free market that meets shortages to stabilize prices. While the U.S.'s action helped to hold the price at $35 an ounce, it further reduced the stocks at Fort Knox...
...that time, the U.S. will be able to drift away from the gold pool and greatly lessen the monetary emphasis on gold, thus ridding the world of much of the alarm, speculation and instability caused by what William McChesney Martin calls "that barbarous metal." Most bankers and economists believe that the major monetary trend of the future will be a shift away from gold and toward a truly international paper currency, supported by contributions of currencies from all major nations. When that happens, money will be regulated by men instead of metal, and the value of each nation...
...utopia" is far from classless. In fact, the party press has reported that, proportionately, more middle-level executives are entitled to chauffeur-driven cars in Socialist countries than in the West. Government ministers and factory managers in each of the East European countries fight constantly to enlarge their own pool of cars. They ride in everything from Fiat 600s to Russian Moskvichi, but favor the big and prestigious German Mercedes...