Word: spread
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Dates: during 1970-1979
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Tremors of foreboding spread through money markets from Tokyo to Bahrain. The dollar plunged steeply on initial reports that Iran would withdraw its deposits from U.S. banks, then rebounded in nervous surprise at the news that Washington was freezing the assets before they could be withdrawn. When rumors circulated in Europe and New York that Iran would counteract the move by refusing to accept dollars as payment for its oil delivered to any nation, the U.S. currency began to gyrate all over again. Brokers and traders passed the week wearing looks of astonishment at what might come next...
...Supreme Court's decision in Regents of the University of California vs. Allan Bakke, or the 1978 median income of U.S. families. Many of the retrieval systems are now available mainly to scholars and businesses. But Participant Nicholas Johnson, a former Federal Communications Commissioner, argued that libraries should spread access to this data among the citizenry. Manhattan Attorney Whitney North Seymour Jr. agreed: "A dramatic change in information dependency has taken place in our country, and the libraries are participants in that...
Cambridge bookmaker "Scumbelly" Capelli, smoking a Ralph Cahaly White Owl cigar, thinks the spread may be forced even higher. "We've been getting a lot of action on the Yale side of the fence here, but nothing for Harvard," he said...
Another bookmaker, who refused to identify himself, asserted that the spread could easily double by Saturday. "If I was bettin' this one, I'd say Yale by 12," he added...
...right time, you can almost hear history shift its gears. Such was the extraordinary phenomenon that occurred in the England of the early 1960s. Working-class kids, inspired by the new British rock, came together to create a new culture. As if by spontaneous combustion, that culture quickly spread beyond England's meaner streets and pubs to the entire world; eventually it defined a generation. To be in the country where the excitement began was to see life in fast motion...