Word: supplementals
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Dates: during 1960-1969
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Rise of Hyphenates. Freelancers are always on the prowl for ways to supplement their income. The best way, they have found, is to write books. "The good people who used to write for magazines," says Literary Agent Perry Knowlton, "are in tremendous demand from book publishers. Naturally, they move on." Despite the fact that he was making $50,000 a year as a magazine freelancer, Ernest Havemann is taking time out for a couple of years to write a textbook on psychology. By writing such books as Madison Avenue, USA, The Schools, and more recently The Lawyers, Martin Mayer...
What had happened was that representatives of the Group of Ten,* meeting in London, after years of haggling had agreed on a way to revamp the free world's overworked, undercapitalized monetary system. Basically, the plan would create artificial reserves to supplement gold, the dollar and the pound. Known as SDRs (for "special drawing rights"), they are, in effect, little more than bookkeeping entries supported by the prestige of the International Monetary Fund. Members of IMF must agree to pledge their reserves to back up the SDRs, but they will not actually make additional contributions...
Trade in Jeopardy. The need for some supplement to gold has long been apparent to most monetary experts. In recent years, the situation has become especially acute as hoarders have stashed away huge quantities of the metal, thus depriving international trade of its most valued medium of exchange...
...past decade, New Haven has pioneered nearly every program in the Great Society's lexicon. Months and years before the Federal Government showed any interest in the cities, it had its own poverty and manpower-training projects, a rent-supplement demonstration, and a promising Head Start program. Washington has rewarded the city's imaginative urban-renewal administration with a greatly disproportionate share of federal renewal money-$852 per capita (given or pledged), or six times as much as Philadelphia, in terms of population, 17 times as much as Chicago, 20 times as much as New York. Indeed, Robert...
...South. Since U.S. air power cannot completely cut off supplies to North Viet Nam, or the arms and men Hanoi sends south, McNamara's inescapable conclusion was that the U.S. should continue bombing the North at roughly the present level, using the air campaign as "a supplement to," not "a substitute for" the ground war of counterinsurgency in the South. "I am convinced," said McNamara, "that the final decision in this conflict will not come until we and our allies prove to North Viet Nam that she cannot win in the South. The tragic and long-drawn-out character...