Word: steeped
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Dates: during 1960-1969
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...with Hotels. Foreign businessmen complain about Formosa's niggling bureaucratic controls and steep interest rates (up to 30%), but many have overcome their misgivings under the lure of a 1960 tax incentive law. Socony Mobil Oil, Allied Chemical and a Chinese partner have set up a $22,500,000 joint fertilizer venture. American Cyanamid has joined with the Taiwan Sugar Corp. to set up a $2,000,000 antibiotics plant. Together with Chinese partners, Procter & Gamble is building a detergent-manufacturing plant. Atlas Chemical an industrial dynamite plant. Singer sewing machine, Harvey Aluminum and Gulf Oil plan to come...
...straightaways, sliding boldly through the narrow turns. For some, the pace proved too fast. Clem Proctor's Pontiac hit an oil slick and leaped a 3½-ft.-high guardrail. Jim Paschal's Plymouth spun out of control, turned four somersaults and plunged over a steep embankment. Incredibly, neither driver was badly hurt. Streaking through Riverside's tricky S-curves in third gear at more than 100 m.p.h., Gurney grabbed the lead on the 43rd lap. Over the next 142 laps, until he finally flashed across the finish line in front, Gurney relinquished his lead only three...
VanderKelen's Viking contract called for $20,000-steep for a 23-year-old rookie who had played only 90 sec. of varsity ball prior to the 1962 season. But against Southern California on New Year's Day, he showed the kind of talent appreciated by ex-Quarterback Van Brocklin, who passed the Philadelphia Eagles to the 1960 N.F.L. Championship. Wisconsin lost, 42-37, but not before VanderKelen completed 33 passes and personally accounted for 406 yds. (TIME...
...travel agents" in Portugal's flyspeck colony of Macao, which juts off Red China's southern shore. What the agents offer is a one-way "ticket," at prices of $70 to $125 a head, for the 40-mile voyage from Macao to Hong Kong. The price is steep, but since Hong Kong is already bursting with 1,250,000 refugees and legally admits only 50 more a day, impatient hordes from the mainland are willing to pay dearly to be smuggled into the crown colony aboard crowded, leaky junks...
...height of the Cuban crisis recently, a truck driven by a U.S. marine went out of control on a steep hill at the Guantanamo naval base. The speeding truck hurtled down the hill, smashed through the steel Cyclone fence separating the base from the rest of Cuba, and rolled into Castroland. Red militiamen moved fast-the other way. The marine backed his truck home, but it was a long five minutes before the first Cuban, reassured that this was not the "imperialist invasion," returned to his post...