Word: swap
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...Administration constructed a legal loophole: trading the destroyers for military bases in Newfoundland, Bermuda and the West Indies. While the matter was still being debated, a legal brief supporting the President's position was published in the New York Times. Roosevelt also wrote a personal letter justifying the swap to Senator David Walsh, the leading congressional foe of aid to Britain. In the letter F.D.R. cited a questionable historical analogy of his own: Thomas Jefferson's bold action in negotiating the Louisiana Purchase without consulting Congress...
...currency swap? Company officials say they want to create a "total environment" that makes visitors forget the outside world. Perhaps they also figure that customers will keep excess Disney dough as a memento, rather than cash...
Does General Motors tell Ford? Do Coke and Pepsi swap recipes? Maybe not, but two rivals in the toy industry are marrying their successful products in a surprising team-up. The unlikely allies: Hasbro, whose G.I. Joe toys have been best sellers for years, and Worlds of Wonder, creators of Teddy Ruxpin, the talking bear, and Lazer Tag, which was the rage last Christmas among youngsters and even denizens of college dorms...
...When telephones are connected to new computer-controlled intelligent networks, their capabilities rapidly multiply. Executives separated by thousands of miles, for example, can now use their telephones to send documents to one another, swap computer data or hold video teleconferences...
...users master the new complexities of phones, they find that the gadgets save them time and energy. Businesses, in particular, report that high-tech phones increase productivity and cut travel costs by making it possible to meet and swap information by phone line instead of by airline. Says Gary Handler, vice president of network planning for Bell Communications Research, the engineering arm for the local telephone companies: "The telephone network of the next generation will be capable of doing almost anything the public wants. The only question: Is the public ready?" If the speed with which smart telephones are appearing...