Word: tides
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Dates: during 1960-1969
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Died. William Clyde DeVane, 67, longtime dean of Yale College (1938-63), a brilliant English scholar (Browning, Tennyson) and teacher who battled for the maintenance of a strong liberal arts curriculum in the face of a mounting tide of "fierce specialization," was hailed for his 1945 reorganization plan (intensified honors, divisional majors) that served as the model for many other U.S. colleges; of heart disease; in Greensboro...
...tide the country over into next year, the Council recently asked the National Assembly to authorize another $94 million in new currency. Last week the Council had to settle for only $28 million-"barely enough," snorted Finance Minister Daniel H. Martins, "to cover our needs until September." Many Uruguayans agreed. University students demonstrated angrily in downtown Montevideo, and thousands of government employees staged a series of brief protest strikes. Uruguay's immediate object in sending its eight-man mission north is to get $56 million in U.S. commercial debts rescheduled and to arrange for additional loans. The country...
Helping many nations back to financial health, the U.S. throughout the postwar era has been able to put across most of its economic policies to the rest of the free world. Lately it has run into a high tide of economic nationalism that challenges the U.S. on matters as diverse as tariffs, money, and airport landing rights. Notably in a couple of major countries, and to a growing degree in other nations, U.S. economic policies are being criticized or rejected...
Phantoms & Diplomats. Though Premier Nguyen Cao Ky promises to execute profiteers, he has yet to make good his threat-and bullets alone can hardly reverse Saigon's rising tide of corruption. A huge, incalculable bite from Washington's $1 billion foreign-aid program is taken each year by government and military officials. U.S. refrigerators and air conditioners meant for hospitals end up in generals' homes; troop commanders collect the "phantom pay" of soldiers whose deaths in combat go unreported to Saigon. For $675, a well-to-do youth can buy an Interior Ministry "diploma" that certifies...
...time deposits. Callaghan sought no official commitment of new support from the U.S., but a communique issued by him and Secretary Fowler spoke of the "identity of interests" between the world's two reserve currencies, a hint to some that the U.S. would provide additional credits to tide the pound over any temporary crisis...