Word: transit
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Dates: during 1950-1959
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...Tolls will be paid in advance of transit to Egypt's Suez Canal Authority; U.S. dollars, Swiss francs, various European currencies are acceptable-but not English pounds or French francs...
Once again, Nasser had played his hand with skill. After keeping the canal blocked for months as a lever on Western nations, he had converted its opening into a kind of reverse lever. For shippers were so eager to resume transit that they rushed through without a quibble at his terms. Italian, Greek and West German (as well as Communist) vessels were in the first convoy. The U.S., Britain and France were still "advising" their ships to avoid the canal for the moment while they dickered for better terms...
...percentage of the increased flow, must be heavily supplemented with new pipelines to Mediterranean tanker ports. Under study is a $500 million pipeline with 60 million tons annual capacity, to run from Iraq to Iskenderuri, Turkey. Another idea is for an internationalized Middle East pipeline system administered by all transit countries, with oil companies simply paying for services rendered. By letting the Arab nations run the lines, the oil companies might lessen the dangers of sabotage...
...increases. As a result, actual retail prices of goods average about the same now as four years ago. Some items are up, e.g., new cars and toilet articles, but others are down, e.g., furniture and toys. But non-goods prices are all up: laundry, 11%; rent, 12%; haircuts, 14%; transit fares, 20%; movie admissions, 20%; TV repairs, 25%. Non-goods are the "real villains" of the inflation story...
...most likely spot for a ninth House is the land now owned by the Metropolitan Transit Authority across Boylston Street from Kirkland and Eliot Houses. It is known that Harvard has been attempting to reach an agreement with he M.T.A. concerning this land. University architects have been working on possible designs which would enable the College to build a House and still give the M.T.A. its desired operating space...