Word: spigots
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Dates: during 1960-1969
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...angered no one more than his fellow Republicans in Congress. G.O.P. House Leader Gerald Ford told Nixon: "Our people have been waiting for eight years to get in front of the line on postal patronage. And they are bitter that a Republican White House wants to turn off the spigot before they have even had a drink...
...that Soviet scientists may soon unveil a rocket big enough to fly directly from earth to the moon, land and take off again. Such brute-force spacemanship might convince the U.S. that, as Von Braun maintains, "Russia still wants to beat us in space." If that happens, the money spigot would probably open wide again, and a new race would begin...
...interest rates in the U.S. and Europe. They agreed, Callaghan reported last week, that "interest rates are too high and that we aim at a generally lower structure of rates." Despite its apparent desire to ease interest rates further, the U.S. Federal Reserve cannot just turn on the spigot unless there is comparable action abroad. At least $2 billion of interest-sensitive Eurodollars-U.S. dollars on deposit in foreign banks-poured back into the U.S. last year. If falling U.S. rates reverse that flow, it would deepen the already worrisome U.S. balance of payments deficit, putting further strains...
...immense three-year program. So far, it has received barely $10 million-including $3,456,096 in OEO money-and even that turned out to be more than it could account for. Close to $400,000 could not be traced, and Shriver's OEO turned off the federal spigot for five weeks while HARYOU launched an audit under the supervision-naturally-of Livingston Wingate. As a result, North America's most crowded Negro slum has been largely deprived of the benefits it now desperately needs...
...Atlantic Brewing Co. and National Can Corp. have introduced a gallon can of draft beer and a dispenser called a Tap-a-Keg Home Tap for sale at retailers in the South and Midwest. The can, which is 6 by 9 inches, is disposable; the Tap-a-Keg, a spigot and squeeze-bulb device, is reusable. The beer is genuine draft, must be shipped and stored under refrigeration. Price for a gallon of suds: about...