Word: race-track
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...right to search for "exterior signs" of wealth-which might indicate, for example, that the owner of a $75,000 Copacabana Beach apartment really earned more than the $2,000 he declared on his tax form. At present, revenue agents are combing through membership lists in yacht and race-track clubs, checking the resources of Brazilian tourists abroad. Hostesses who once boasted about their cuisine now beg society columnists not to mention the delicacies served at their dinners...
...Another race-track millionaire retired last week: a four-legged one. In seven years, from 1959 to 1966, Mrs. Richard C. du Pont's Kelso won 39 races and $1,977,896, was named U.S. Horse of the Year five times. Last week the nine-year-old gelding was training for still another campaign in Florida when doctors X-rayed a suspicious sore spot on his ankle and discovered a hairline fracture. Kelso, No. 1 moneywinner in the history of thoroughbred racing, was sent to pasture...
...December 1963 Pearson's Postmaster General resigned amid a parliamentary uproar over the appointment of defeated Liberal candidates as "consultants." The next to go was a Minister Without Portfolio who resigned after two Montreal dailies reported that he took a $10,000 payoff to help some Quebec race-track promoters pick up a franchise. A Quebec royal commission last September accused a Liberal member of the Commons' Banking and Commerce Committee of making an "unlawful and unconscionable profit" of $62,605 on a school land purchase in Montreal. He was acquitted in court, but only on legalistic grounds...
...youngest (38) man in the Cabinet, Dupuis was also one of the best campaigners and was extremely well connected to Quebec party bosses. Now Le Devoir and La Presse, two Montreal dailies, were full of stories that Dupuis had taken a $10,000 payoff to help some Quebec race-track promoters get a franchise in his home district. All Pearson will say publicly is that he asked Dupuis, who loudly proclaims his innocence, "to relinquish his position." Pearson is unwilling to say anything more, despite opposition demands for a full and immediate explanation. The two splinter parties that have voted...
...National Bureau of Economic Research every week receives a mass of suggestions from citizens about how to predict the course of the economy: by aspirin sales, race-track betting, blue print production, employment of temporary office help. Some of the suggestions actually make sense, but they are like so many popguns in the economic forecaster's arsenal. The nation's economists, for roughly the same reason as the U.S. Air Force, have developed their own DEW-line warning system to spot trouble on the horizon...