Word: request
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Dates: during 1960-1969
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...coming to Con Ed. Luce dealt with environmental problems as Under Secretary of the Interior. An ardent outdoorsman, he now finds himself cast as a villain by New Yorkers, who have long regarded Con Edison as a blatant polluter. Last week they were incensed over Con Ed's request for a 14% rate increase, its second in three years. Con Ed is in financial trouble, much of it aggravated by a longstanding inefficiency that discourages investors. At the same time, like every other U.S. utility, Con Ed is buffeted between uncoordinated regulatory bodies and proliferating conservation groups...
...chairman of the Senate Armed Services Committee, Mississippi Democrat John Stennis smoothly guided Defense Department appropriations through the Senate with only desultory debates. Expecting similar treatment in this session, the Pentagon sent up one installment of its customarily laconic request for funds...
This time the request was for $22 billion, a part of the military's total budget of $80 billion for fiscal 1970. The bill was a mere five pages long, which figures to about $22 million a word. Included in the Pentagon package was the Nixon Administration's controversial ABM system, which just barely squeaked by in the Senate by a 51-50 vote. The narrow margin of victory on its major section spelled trouble for the balance of the bill. Last week, before the Senate's adjournment until after Labor Day, other sections of the bill...
...they take in. When the gangsters were big in Las Vegas, they sometimes used skimmed cash to supplement the fees paid to featured performers. The under-the-table funds went untaxed and left the compliant performer with an obligation. This was repayed by appearances elsewhere at the Mob's request...
Delayed Payment. Chiefly affected by Kaunda's "request" will be the Roan Selection Trust, Ltd., 43% of which is owned by Manhattan-based American Metal Climax, Inc., and Anglo American Corp. of South Africa Ltd. In addition to taking over controlling interests in the firms, Zambia will substitute 25-year leases for their existing leases "in perpetuity," and replace the present 44% royalty and export tax with a 51% mineral tax. The nationalized companies' holdings have a book value of about $784 million. Kaunda expects to pay shareholders for their loss entirely out of future copper profits. These...