Word: prospecting
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Dates: during 1960-1969
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Archaic Taxes. The trouble with the great majority of such projects is lack of vision and planning. "There isn't a metropolitan area in the U.S. that has a comprehensive plan to accommodate its growth," says Baltimore Developer James Rouse. "The best prospect we have is that we will become a nation of Los Angeleses." More than 800 U.S. cities have modernized their housing and zoning codes in the past few years, and Houston is now the only major city that has allowed itself to soar and sprawl without zoning controls of any kind...
...Japanese air patrols. Nimitz urged on his commanders the same policy principle of "calculated risk" that he himself had followed in ordering his ships to Midway. He explained: "You shall interpret this to mean the avoidance of exposure of your force to attack by superior enemy forces without good prospect of inflicting, as a result of such exposure, greater damage on the enemy...
Presidential Government is a strange book in that one may begin it perfectly unfrightened by the prospect of a very strong President and finish it terrified by the logical--or perhaps illogical--implications of its suggestions. The greatest consolation may be that most of Burns's recommendations have been ignored in the past and are unlikely to be followed in the future...
...Administration had been promising for months that this year would at last bring an end to the nation's chronic balance-of-payments deficit. Last week that prospect virtually vanished-a victim of the rising cost of the Viet Nam war and, strange as it seems, surging prosperity at home...
...Sloan's primary interest. As its honorary chairman, he scrupulously attended all board meetings. Troubled by deafness in his later years, he took to conducting conversations by note writing. Not long ago, a journalist scribbled out a question: What is the U.S. stock with the most promising growth prospect? Without hesitation, Sloan answered: "General Motors...