Word: swap
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...that the U.S. would intervene if necessary to keep exchange markets orderly. That had only a momentary stabilizing effect, so Blumenthal decided to draw on a portion of the approximately $20 billion worth of foreign currencies that the U.S. can borrow from other countries under long-standing "swap" agreements. Such borrowings permit a country to buy up a specific quantity of its own currency without dipping into official reserves. Blumenthal discussed the plan several times with outgoing Federal Reserve Chairman Arthur Burns, a longtime worrier about the dollar, while both were vacationing in Florida between Christmas and New Year...
Since a subscription to the daily Gazette then cost $56 a year, Roesgen accepted the offer as a way of dramatizing the farmers' plight. Then, sowing the seeds of a new kind of circulation campaign, he ran a front-page headline announcing that the paper would swap print for wheat at the federal support price of $3.05 per bu. (Meanwhile, the subscription price was raised to $61-or 20 bu. of wheat.) In ten days the Gazette had exchanged 100 new subscriptions for 2,000 bu. of wheat, which it stored in a parking lot next to the newspaper...
Long won a close race for majority whip, and when Olin Johnston died the following year, he got the desk back as well. He has not had to swap it since. But that is not to say he would not ? if the quid were worth the quo. Russell Long has raised the art of political horse trading to the highest level in living congressional memory. An unabashed wheeler-dealer, he scratches backs with a fine, silken stroke, then calls in his debts with a firm arm twist. He also repays his own lous with interest. "I gave Russell...
Marshall proved unable to keep up with the tidal wave of applications; 446 students applied to transfer throughout the year, and 274 were successful, including one-to-one "room swap" transfers. Complex regulations, based on seniority and the position in which a transfer applicant placed his or her present House in his or her original ranking for the housing lottery, guided Marshall. But because applications dribbled in all year long, and because of Marshall's loose processing technique, many transfers that could have been completed went undiscovered...
...Management and Budget. He was one of the President's top economic advisers, his affable and reassuring ambassador to the business community and his most effective emissary to Capitol Hill. A great, shambling, unassuming bear of a man (6 ft. 4 in., 235 Ibs.), Lance loved to swap jokes, slap backs and artfully cajole the powerbrokers to go along with Jimmy. More important, Lance was Carter's confidant. He was there to puff around the tennis court when the President summoned, or simply to sit down, kick off his shoes and talk on and on in his rumbling...