Word: retreating
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Dates: during 1960-1969
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...deposits, but lend money out to prime borrowers at 41%-a spread that hardly pays their handling costs. They are afraid to raise their own prime rate (on which all other lending rates are based) because three banks that tried to do so last year were forced to retreat after President Johnson publicly criticized them. Last week Arthur Okun, a member of the Council of Economic Advisers, pointedly warned against such increases. Treasury Secretary Henry Fowler told the A.B.A. meeting in Chicago that steady interest rates are "an important factor in the greatest and best-balanced period of domestic prosperity...
...Intern, Doctor X (1) 2. The Making of the President, 1964, White (2) 3. Is Paris Burning? Collins and Lapierre (3) 4. Games People Play, Berne (6) 5. A Gift of Prophecy, Montgomery (4) 6. Manchild in the Promised Land, Brown (9) 7. Markings, Hammarskjold (5) 8. Never Call Retreat, Carton (7) 9. Report to Greco, Kazantzakis 10. My Twelve Years with John F. Kennedy, Lincoln...
...Never Call Retreat, Catton...
NEVER CALL RETREAT, by Bruce Catton. Author Catton manages to milk fresh facts and fresh emotions from the oft-repeated tale of the Civil War's end. The heart of his book is a thorough analysis of what was at stake, morally and economically, at the close of 1864, and a review of the characters of Lincoln and Lee that reaffirms their place among the U.S.'s toughest and most realistic heroes...
NEVER CALL RETREAT, by Bruce Catton. Deservedly the bestselling of Civil War historians, Catton shows the South overwhelmed and analyzes two great leaders: Lincoln, who resisted vindictive penalties on the South, and Lee, who refused to start a guerrilla war in the Virginia hills, which would have bled the country...