Word: recouped
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Even Simon, who retains a minority interest in Reston, figures that he will recoup his $1,800,000 investment in time, if only from soaring realty values. On land that cost $1,900 an acre in 1961, Reston industrial sites already are bringing as much as $40,000 an acre...
Search for a Gambit. To recoup some of the ground it has lost, the Administration last week was groping for a saving gambit. At the Pentagon, Defense Secretary Robert McNamara announced that the U.S. would throw an electronic barrier across the 17th parallel to stem infiltration from the North (see following story), which could result in reduced bombing of the North and thus help to placate Washington critics of the war. At the United Nations, Ambassador Arthur Goldberg was trying to line up support for a new bid to the Security Council to undertake a settlement...
Prime Minister Keith J. Holyoake's Cabinet decided on drastic measures to recoup some of the loss. These include ending state subsidies on such staples as bread and butter, longtime features of New Zealand's elaborate welfare system. Taxes on gasoline, tobacco and liquor have gone up. The nation's imports and bank loans have been curtailed, and down payments for installment buying increased...
...dimmed perceptibly since their hot-line harmony of two weeks ago. The Russians, having lost the better part of their $2 billion, decade-long military investment in the Moslem world, also saw their prestige plummet to an all-time low among the Arab states (see THE WORLD). Determined to recoup their psychological loss at least, Soviet Premier Aleksei Kosygin and his colleagues at this week's emergency meeting of the U.N. General Assembly faced the difficult task of inveighing against a fait accompli-Israel's shattering territorial gains. Backed into that corner, the Soviets might be expected...
...somebody, and when I'm not I don't"-Wriston helped initiate many of First National City's innovations. It was he who, with another staffer, "invented" the negotiable certificates of deposit in 1961. The CDs, as they are known, have since helped banks to recoup a lot of badly needed corporate deposits, which had been flowing into treasury bills and other short-term notes...