Word: spend
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Dates: during 1960-1969
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Dead was Jonathan Myrick Daniels, a graduate of Virginia Military Institute ('61), who was studying for the ministry at Episcopal Theological School in Cambridge, Mass. After taking part in the Selma-to-Montgomery march, Daniels had gone back to Cambridge to finish the school year, then returned to spend the summer working with the Episcopal Society for Cultural and Racial Unity in Selma. His companion was Father Richard F. Morrisroe, assistant pastor of Chicago's Saint Columbanus Church, who had gone earlier this month to Birmingham to attend the Southern Christian Leadership Conference convention...
...role," wrote Rand, "a foreign correspondent is a commentator or analyst, not a crusader." What he needs is judgment, and historical perspective−attributes that are all too often lacking, fn China, Rand recalls, even the ablest of the reporters seemed to spend just about all his time exposing corruption in he Nationalist government. While "you needed to know that various officials were grafting, and you needed to say so at the right times, you didn't have o make a sensation of it as it was only a detail in the chaos of the times...
...must be built by 1973, most of them just to house artists already living in condemned buildings. Since 1963, however, only $400,000 has been budgeted for new studios, and just 92 ateliers have been built. For the next five years, Malraux has only $200,000 a year to spend on artists' housing. Other than that, he can only encourage real estate developers to include low-cost ateliers in their high-cost apartment buildings...
...lose ground." Just how much ground depends to a large extent on how many dollars are left abroad this summer by U.S. tourists, who have largely ignored the Administration's plea that they help the balance of payments by seeing America first. The Government worries that Americans will spend $2 billion more abroad this year than foreigners spend in the U.S.−a new record. Even more worrisome: the gap between what U.S. business spends abroad and what foreigners spend in the U.S. Despite the Government's urgings that they cut back, U.S. companies reporting to the Commerce...
Attacking Obsolescence. The capital expenditures announced by U.S. Steel will need a healthy financial structure to support them. Over the next three years the company will spend $1.8 billion−more than the entire industry's capital expenditures last year−to expand and modernize its facilities. Priority will be given to plants that will produce such products as flat-rolled sheet steel−used in great quantity by Detroit's automakers−and tin plate, highly profitable items that now account for too little a share of U.S. Steel's current production...