Word: shorted
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Dates: during 1950-1959
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...West German Chancellor kept interrupting one another like old friends. Ike was hugely amused when he put on the earphones over which simultaneous translations were to be made, and got only static; West German Ambassador to U.S. Wilhelm Grewe had dripped fruit juice onto the wiring, causing a short circuit. Eisenhower more than satisfied Adenauer that he was not about to bargain away West Germany's rights in his talks with Khrushchev, that he meant rather to convince Khrushchev of free-world strength and free-world purpose...
BOND INTEREST. Ike warned of "grave consequences" if Congress fails to heed his request for cancellation of interest-rate ceilings on long-term U.S. Government bonds so that the Treasury can float long-term bond issues and shake free of its present instability-fostering reliance on short-term bonds (see BUSINESS...
...hopes ran high that the United Party would at long last be in a position to form a coalition with disgruntled Nationalist moderates led by Finance Minister Dr. Theophilus Ebenhaezer Dönges, who was thought to be fed up with Verwoerd's rigid extremism. The hopes were short-lived. At week's end Verwoerd and Dönges mounted the platform together to address a political rally in Worcester, Cape province. After both agreed that full apartheid is the only way for South Africa, Dönges said pointedly: "This is my answer to talk about coalition...
...decades since then, few foreigners have seen Bukhara. But its neighboring ancient cities on the vast Central Asian steppes seem to have learned their lesson. In the bustling streets of modern Tashkent and the redolent, mud-walled courtyards of Samarkand (pop. 170,000), short, moonfaced Uzbeks with golden skin and embroidered skullcaps no longer call the Russians hated koperlar (infidels). The commissars have done their work well. This summer hundreds of tourists, many of them Americans, flying southeast from Moscow in swift TU-IO4 jets that make the 2,500-mile trip to Tashkent in four hours, have been rewarded...
...debt-management program last week continued to disrupt the market for Government and corporate securities. Even as President Eisenhower drafted a special message urging Congress to lift the 4¼% interest-rate ceiling on long-term Government bonds, the Treasury announced that it had to pay 3.824% interest on short-term (91-day) bills, the highest since the bank holiday of March...