Word: tiers
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Dates: during 1960-1969
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...during the first five months of 1969. The long-disputed South Pacific route award finally went to American Airlines, which will fly to Australia, the Fiji Islands and New Zealand. In addition, the CAB last week granted new or extended routes to twelve domestic airlines in the vast "Southern Tier" stretching from Florida to California...
RICHARD NIXON'S White House is a controlled, antiseptic place, not unlike the upper tier of a giant corporation. It is staffed by briskly busy young men whose discreet, deliberate, disciplined manner accurately reflects the image of the Boss. The President is seldom seen by the press. The "Beaver Patrol"-the title given to the assistants of Presidential Aide H. R. Haldeman-scurry around with the Nixon orders and the memos signed RN. Working in the oval office, the Lincoln Room, or a new hideaway in the Executive Office Building, Nixon keeps ceremony to a bare minimum and makes...
...Korean War, commuted between Los Angeles and Camp Pendleton, 75 miles distant. However, his congressional campaigns had not been entirely wasted. The publicity brought his fledgling firm more and more work, and by all accounts he was an excellent lawyer. The law, however, was not Finch's métier...
...tier system has worked well so far, but its future is imperiled by a fundamental defect. When central bankers decided to let the marketplace set the price of gold for speculators, hoarders and industrial users, they also agreed to stop buying and selling the metal except to settle debts among nations. Thus the world's monetary gold stocks were artificially frozen at $40 billion. But nations' appetites for gold have grown stronger, and their trust in paper currencies has become weaker. In the past year, these countries have changed the percentages of gold (as against paper money...
...gold. During 1968, the U.S. lost $1.2 billion in gold, leaving the U.S. with only $10.9 billion of the metal to meet $30 billion of potential foreign claims against the dollar. Though most of the loss came before April and the U.S. gold stock has stabilized since the two-tier system was set up, the total is low enough to cause concern. Warns Vice President Harold