Word: transients
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Dates: during 1960-1969
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That the U.S. finds itself in a payments squeeze is a measure of the poor state of the world's monetary system. Last week a Government-financed report by the prestigious Brookings Institution found that the real problem is not the transient U.S. payments deficit, but the lack of enough gold and currency reserves around the world to finance the growth of global trade. The report foresaw a U.S. payments surplus by 1968, but even that would be no full solution; a surplus will lead to deficits for U.S. trading partners, which will then react by restricting their imports...
Briefly stated, the main Administration argument runs this way: Because the summer student body is so transient, School officials have little chance to know and evaluate individuals, and the students themselves probably have little sense of "continuing responsibility" to Harvard. A permissive attitude toward undergraduate organizations, therefore, could lead to situations that would discredit the University. In order to prevent the "wrong kind" of person from gaining access to the Halls of Harvard, the School has thus ruled that no one can enter. The Socialist Club is just an incidental victim of a broad rule insuring a lack of opportunity...
...costs, two teams of executives surveyed 15 Hilton hotels in the U.S. last year, came up with findings that will save the chain nearly $2 million. All this has helped to bring the Hilton chain's labor bill down to 40% of its revenue, v. 45% for most transient hotels...
...epidemic of meningitis among 12,000 seamen recruits, and they were confident that they were doing just what was needed to guard against another attack. They issued mountains of sulfadiazine tablets, and ordered everybody on the base to take two a day. The dosage was supposed to clean out transient meningococci, the microbes that cause this form of inflammation of the brain covering. But for five weeks, sporadic new cases of meningitis kept cropping up. The Navy flew in Dr. Harry A. Feldman, the nation's top authority on the meningococcus, and the specialist from Syracuse, N.Y., ran blood...
...University commented after buying the hotel on Wednesday that it was not "equipped to handle the day-to-day operation of a hotel." The management of the Ambassador immediately terminated its transient room service and refunded the deposits of all those who had made reservations after...