Word: richness
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Dates: during 1960-1969
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...second weapon is money. Croesus-rich Kuwait alone has nearly $3 billion deposited in British banks, figures that by withdrawing that much, it could topple the pound sterling. Even if the Kuwaitis switched their accounts to Swiss banks (at lower interest rates), the Swiss would simply deposit most of the money in London's City, which alone is equipped to handle the Arab world's huge deposits...
...take up an entire concert, often require more than 100 instrumentalists and at least that many singers (his Eighth Symphony is scored for as many as 1,000 musicians). Folk tunes, military marches and café ditties jostle each other in the symphonies-sometimes with deliberately sarcastic effect-against rich, romantic textures and harsher lines that range out boldly to the limits of traditional tonality. Mahler plunges the listener from surging eddies of counterpoint into brooding, tragic depths, or lifts him with sudden paroxysms of melody into the heights of metaphysical yearning...
Despair of Others. Rich's forte, and the despair of other merchants, is the lavish credit and exchange policy that has made it as much an Atlanta institution as Scarlett O'Hara. "The customer is never wrong," is a Rich's policy, and on that friendly basis the store goes to the improbable length of accepting any merchandise returns-even if they were bought at another store. Once, for example, Rich's exchanged hundreds of pairs of defective nylons of a brand it did not stock. A clerk at a rival store, according to a popular...
Hungarian Immigrant Morris Rich was a naturalized optimist. Who else would have opened a dry goods store in devastated Atlanta, Ga., in the grim postwar year of 1867. Yet even Rich would be amazed to see how far his "M. Rich Dry Goods Store" has come. Last week, presiding over its centennial-year annual meeting, Grandson Richard H. Rich, 65, the present chairman and chief executive, ticked off statistics. Rich's last year rang up sales of $148 million for a 12.9% gain over the previous year (v. 3% for U.S. retailers in general) and showed earnings...
With the new stores, Rich's within the next decade expects to double sales that have already doubled in the past ten years or so. Rich's now outsells any department store south of New York City and east of St. Louis. "We do a big high-fashion business and a big bargain-basement business," says Dick Rich, "and we try to catch everything in between as well." "In between" represents about 60% of the purchases made by the 75,000 customers who crowd into Rich's stores on an average day. Although most are Atlantans, Rich...