Word: riches
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Dates: during 1960-1969
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Though the convention rules Wake Forest, it contributes only 5% of the liberal arts school's $5,500,000 operating budget; most of the rest comes from tuition and the tobacco-rich Reynolds Foundation, which in 1946 gave the college free land for its new campus near Winston-Salem. Hinting that Wake Forest might break its ties to the Baptists, Tribble warned that "one way or another we shall move into the future." As students strolled through the campus last week, they wore hand-lettered tags that read I CAN'T WAIT TO DISAFFILIATE...
...prospect of pocketing another one-half G.M. share attracted so many buyers to Du Pont that the company's stock made one of its sharpest single-week gains in recent years before giving way to profit taking. The happy windfall for shareholders will deprive Du Pont of a rich lode of dividends that in the past has provided one-third of its earnings. For almost any other company, this loss of earning power would have been a severe blow. But Du Pont's profits from chemicals alone have been rising so rapidly that its profit margin is among...
...over the world. Any threat to this hush-hush, confessional quality is therefore a blow at the very center of the multibillion-dollar Swiss banking industry. By the same token, a nation or group that sets out to track down the wealth of teetering tyrants or the merely discreet rich frequently looks with frustration to the Swiss banks, with their anonymous sanctuary and numbered accounts. Last week secrecy and the desire for disclosure clashed in the Swiss courts - and the Swiss banks walked away the winner...
Whether Mardam will actually collect his damage award, or Ben Bella the lost money, is doubtful. But the banker's release pleased the Swiss banking community. After all, if the impression got around that the legendary Swiss sock was developing holes, the new and old rich might be tempted to start taking their loot elsewhere...
...sixth this year in which Harvard has fallen behind within the first five minutes. Yale right wing Rick Sewall flicked a pass into the center out of a scramble on the right side of the Harvard penalty area, and Eli inside Derek Bush quickly slipped it by Crimson goalie Rich Hammond and into the left corner...