Word: stay
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Dates: during 1960-1969
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Dwindling Reserves. Though tourists and stay-at-home bargain hunters may well save some money on things like British Jaguars and Irish linens, devaluation is likely to prove a severe drain on Lyndon Johnson's dwindling political reserves. If the President makes substantial spending cuts, he stands to lose votes among those directly affected. If he gets his tax increase, he stands to annoy everybody-and the closer to Election Day 1968 the increase is enacted, the more annoyance he is likely to arouse. Nevertheless, nearly all his economic aides-and many businessmen-consider the tax increase essential...
...that happens, Lyndon Johnson may regret that he did not persuade John Connally to stay on. A heavy turnout for the Republican Party in Johnson's home state in a presidential year would be more than an embarrassment: Johnson could conceivably lose Texas in the national election...
President Johnson followed McNamara's announcement with a statement that the major defense policies initiated under McNamara would not in any way be altered by the change in personnel. He also said he had asked the Defense Secretary to stay long enough to finish the military program and financial budget for the fiscal year...
...past 18 months, an estimated 400 priests have left the Roman Catholic Church in the U.S. For most of them, the transition to secular life is a traumatic experience. Unless a cleric enjoys private means, he is usually broke; unless he has close relatives, he has no place to stay...
...unusual hour of 8:30 a.m., presumably to give the more friendly afternoon Bulletin his side of the story. He announced that he lost $15.5 million recently, that bankruptcy "could come at any minute," and that he needs about $7,000,000 in cash right now in order to stay solvent. He blamed his woes on a combination of "tight money" and his own "bad planning...