Word: public
(lookup in dictionary)
(lookup stats)
Dates: during 1960-1969
Sort By: most recent first
(reverse)
Both pilots, in fact, did have a helping hand. The "near miss" was the first public demonstration of a promising new collision-avoidance system (CAS) that may reduce some of the risks of flying in the nation's increasingly crowded skies. Last year the U.S. had 38 aerial collisions, a 46% rise over 1967. In the years ahead, the risks will increase, as more planes-including jumbo jets and SSTs (see BUSINESS)-join the rapidly growing U.S. air fleet...
...Cain? Where was the Garden of Eden? What is the patience of Job? Many teen-agers cannot answer such questions-and for a good reason: since the U.S. Supreme Court in 1963 outlawed devotional Bible reading in public schools, few U.S. school systems have offered Biblical studies of any kind. Justice Tom C. Clark's majority opinion in the Supreme Court decision made a point of recommending that the Bible should still be studied for its "literary and historic qualities," but that option is rarely exercised. Some diehard school districts in a few states still defy the court...
Almost $3 billion in bonds that would have financed public construction-including a new school for Hondo and a modern hospital for Iron County-have proved totally unmarketable. Probably a much greater total of bonds has not been scheduled for sale because local officials fear that they would find no buyers. Michigan voters, for example, last year approved two issues totaling $435 million to finance antipollution and park-building programs, but state authorities have never tried to set a date for investment-banking houses to bid on them. They have reason for their timidity. About half of the investment-banking...
...December to 6.37% in September. Laws in several states, notably Pennsylvania, Michigan, Florida and California, forbid payment of that much interest on new bonds. Those states, and their local-government units, have been unable to float new issues. Last week local governments failed to sell $142 million in public housing bonds paying 6% interest -even though they were backed by the credit of the Federal Government. Proceeds from the bonds were intended to complete several public-housing projects...
...long as inflation forces the U.S. to restrict the money supply, states and cities will be at a disadvantage in competing against corporations for scarce investment funds. Some local governments may be able to increase taxes or find other ways to raise construction money. But most of the public facilities that were to have been financed by the unsuccessful bond issues probably will be long delayed, if not shelved entirely. That is part of the price that the U.S. must pay for having allowed inflation to rage unchecked for too long. The price, however, is being made unnecessarily high...