Word: rationalism
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Dates: during 1960-1969
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...Manhattan's Metropolitan Opera House, legions of trusting souls regularly queue up hours before the box office opens to sell its small ration of tickets for a popular performance. The fans who stay up all night waiting to buy World Series tickets almost always exceed the modest supply...
...food is tasteless, monotonous and contains hardly any vitamins," the letter said. "Although we cannot really speak of constant hunger"-the maximum daily ration is 2,413 calories, mostly starch-"constant vitamin hunger is an indisputable fact. It is no accident that in the camps so many people suffer from stomach ailments." Food parcels are forbidden, the men said, and even in the kiosks, where they can buy five rubles' worth of goods a month, "buying green vegetables or other produce containing vitamins is impossible. Any one of us at any minute can be deprived of the right...
Disturbed by the corporate borrowing, Federal Reserve Board Chairman William McChesney Martin Jr. warned that it was time to "pressure banks to ration credit." After the stock exchanges had closed for the three-day Easter weekend, the board moved on two fronts. First, it raised the discount rate (the interest that banks pay for the money they borrow) from 5½% to 6%. The increase, second in four months, brought the rate to its highest level since the 1929 crash. To make money more scarce as well as more costly, the board also increased the amount of cash that banks...
...were unprepared for the responsibility, "overwhelmed by the unexpected vistas that had suddenly opened up before them." Beyond that, the Cohn-Bendits blame the established left: the Communist Party, which they scornfully dismiss as "a mere appendage of the Soviet bureaucracy," and the left-wing Confédération Générale du Travail. Both, they charge, failed to exploit existing power vacuums. "The party of order and political wisdom," as Communist Boss Waldeck Rochet described his organization, opted for a Popular Front government. By so doing...
...slot-machine business. Valachi also ran a numbers racket, a "classy horse room" in White Plains, N.Y., and a loan-shark operation. He bought his own race horses. During World War II, Valachi worked the gasoline black market, earning about $200,000 in three years from finagling with ration stamps. Even at that, he says, "I wasn't so big." After the war, he muscled into jukeboxes but also went respectable by sending his son to a private school and moving to suburban Yonkers. Then Valachi slipped...