Word: siphon
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...wide. Even Nixon's forces are skeptical of one early poll showing Romney behind 5 to 1. Nixonites feel that this is merely a ploy to make even slight gains seem a Romney triumph. They may well be, since enthusiasm for a Ronald Reagan write-in-which would siphon off Nixon strength-is evaporating. As if this were not enough woe for Romney, six Nelson Rockefeller supporters paid the $10 fee to file as G.O.P. convention delegate candidates on the secondary part of the ballot, and Rocky's 1964 New Hampshire chairman continues to contemplate a Granite State...
...large part of that rush for funds has been Washington-inspired. Without higher taxes, the U.S. Treasury would be forced to siphon nearly $15 billion out of the long-term money market during the second half of 1967 to pay the deficit-plagued Government's bills. Another $25 billion of maturing federal debt must be refinanced. Figuring that Treasury financing on such a scale would drive interest rates above their present levels, many corporations have accelerated their borrowing lest they be caught in another credit squeeze...
...Siphoned Staffers. The papers have a tough time finding qualified journalists-or keeping them. For this reason, white staffers are still to be found on Negro papers. Some editors look for promising high school students, then help pay their way through college, in the hope that they will join the paper after graduation. Even if they do, they are unlikely to stay. The white dailies, public relations firms and the Federal Government siphon off the best Negro journalists and leave the papers sorely understaffed. The Atlanta Inquirer in seven years has had eight different editors. "As long...
...from its lonely depression, thanks to lower interest rates and a renewed flow of mortgage money. Lately, however, mortgage rates have rebounded more than two-thirds of the way back to their 1966 heights. If the rise in interest rates continues, as many analysts expect, it can only siphon funds away from mortgages again. Warns John G. Heimann, vice president of the Manhattan investment-banking firm of E.M. Warburg and mortgage consultant to Housing Secretary Robert C. Weaver: "The fragmented, highly specialized mortgage system, responsible to so many agencies, has fallen behind, never to catch...
Wallace ticket could siphon off many Yorty votes and even come out ahead. Wallace pulled between 29.8% and 42.8% in three 1964 presidential primaries largely because of racial backlash; in a Referendum the same year, California voters went against open housing, 2 to 1. A Wallace plurality would not endanger Johnson's renomination, of course, but it would be a serious blow to his prestige in a year that promises to be tough enough for the Democrats nationally...