Word: steeped
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Dates: during 1960-1969
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...often amounts to an interest-free loan for several months. Reason: banks take time in processing the bills, and payment is not due until 25 days after the billing date. Even then, payments can be spaced out, though interest charges amount to as much as 18% a year. Such steep charges can make the cards quite profitable for banks...
...thought we'd both die," she remembers, "so Jim and I said goodbye to each other." She walked all night, guided only by moonlight. Once, hemmed in by sheer canyon walls, she had to scale an almost vertical cliff while "simply hanging from the rocks." Later, on a steep downhill grade, she was so exhausted she simply lay down and rolled until she stopped. Finally, near dawn, some Gaza Arabs working on a new road heard her weak cries of "Shalom!" and found her. Taken to Bethlehem and treated, she led a 30-man police platoon that afternoon...
...Their Own. The Dame is particularly annoyed by the proliferation of agricultural tractors, imported by residents to circumvent the ban on cars. The tractors are used to cart tourists up the steep hill from the harbor-at a price. In addition, ugly rumors came to the Dame's attention that some tractors occasionally exceed Sark's 10-m.p.h. speed limit. Sark's pubs pose another problem. Though the drinking hours (8 a.m. to 11 p.m.) compare favorably to those in Britain, residents often carry on past closing time-and some of those residents are members...
...anything like that really in prospect for the foreseeable future? Probably not. One primary cause of recessions is top-heavy business inventories. In 1966, companies unwisely kept on piling up stocks of goods even as sales were falling; they then had to liquidate quickly, and the result was a steep drop in production-and the "mini-recession" of 1967. An encouraging sign this year is that inventories have been closely keeping pace with sales, and businessmen-having learned from the past-are not overstocked...
...have been unable to reach it. As it turned out, departure from the moon was triumphantly smooth. Of course, even after lift-off and redocking, there were still the dangers of the homeward trip. Control failures could cause the spacecraft to re-enter the earth's atmosphere at too steep an angle and burn to a cinder, or at so flat an angle that it would bounce off the outer fringes of the atmosphere far into space. There its oxygen would be exhausted before it could loop back to the earth...