Word: sales
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Dates: during 1960-1969
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...land prices and property taxes have soared. In 1967, the owner of a 55-acre wood lot in Guilford paid $24 in annual taxes; today he pays $585. As a result, some residents can no longer afford to live in Windham County, and have put their farms up for sale. As more developers buy them, the lovely open countryside becomes, in Vermont's Governor Deane C. Davis' words, "a man-made jungle...
However, the time for a choice is already past, argues a growing band of responsible advocates of legalization, among them Psychiatrist Mikuriya and Stanford Law Professor John Kaplan. They do not argue that marijuana is harmless, and they are seriously concerned that the open sale of pot would almost certainly increase its use and abuse, producing greater numbers of "pot lushes" and even pot skid rows. They defend ultimate legalization only because they believe that its probable costs to society are outweighed by the disadvantages of continued prohibition. They point out that as long as marijuana is forbidden it will...
...Prudhoe Bay, on the Arctic Coast. Since then, 22 drilling rigs have been brought in, and their crews have sought to duplicate that feat, often working in minus 65° weather and braving 100-m.p.h. winds. The land that they explored was open range until last week's sale of leases, and maintaining secrecy was as important as keeping warm. Companies hired helicopters to spy on competitors' drilling rigs, and the crews in turn switched on hot-water hoses to throw up screens of steam. The drilling results were reported to head offices by courier or by coded...
...pressure mounted during the countdown to last week's sale of leases, Anchorage (pop. 113,000) became a haven for industrial spies and counterspies, almost suggestive of Lisbon in the 1940s. The state had put on the auction block 179 tracts of land, totaling 450,858 acres, some of it reaching out under the Arctic Ocean. The rules demanded sealed bids for each tract, to be submitted no later than the morning of the sale...
...estate of 21 acres, including the large, Spanish-style villa now known familiarly as White House West, was $1.4 million. The terms were $400,000 down and $100,000 per year, plus 7½% interest per year on the initial outstanding debt of $1,000,000. The sale called for the principal to be paid off within five years. Normally, such an undertaking would require prodigious amounts of cash: annual payments of $175,000 for five years and then a liquidating wallop payout...