Word: trend
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Dates: during 1960-1969
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...taxes. In a move that most moneymen had not expected for weeks or even months, the Federal Reserve Board lowered its discount rate from 51% to 51%. Though the 1% change was as small as the Reserve Board ever makes it, it was an unmistakable signal of a general trend toward lower interest rates on all kinds of loans...
...years, about 660,000 tons annually, they have had to slash their prices to maintain their markets. From $700 a ton in the early 1950s, sisal has sunk to its present $168 level, which makes it hardly worth harvesting at all. And there is no hope of reversing the trend. The time-honored tactic of withholding the product from the market to drive up its price would only backfire, sending an even larger share of potential sales to synthetic fibers...
Agnew's defection to Nixon was all but official before the convention started. Meanwhile, though, Nixon men were compelled to mount a defense operation among the Southern delegations. Reagan had been making inroads in Alabama, North Carolina and Texas particularly, and this trend could not be allowed to go on unchecked. Barry Goldwater, Senator John Tower of Texas and Senator Strom Thurmond of South Carolina?three of the most conservative men in the party?counterattacked on Nixon's behalf. Goldwater chatted with Southerners in his hotel suite. Thurmond and Tower took some waverers for boat rides. Their message was basic...
...Newark program, one of three free ghetto performances by the orchestra in memory of Martin Luther King, is part of a nationwide trend in summer concerts. More and more, sponsors and performers are taking to the streets in order to carry music right to the doorsteps of the nation's poor and underprivileged. The result is that many slum dwellers who otherwise would not bother or could not afford to go to a concert in a large park or stadium can now hear good music simply by leaning out their windows or pausing on a street corner...
President Jomo Kenyatta has lately sought to accelerate that trend with a vigorous drive for "Africanization." He has refused to issue work permits to non-Africans when blacks can perform the same job, ruled that certain rural businesses be operated by natives only. Kenyatta has also put pressure on big foreign-run companies to step up their management-training programs for black employees. Kenya's Labor Minister Eliud Ngala Mwendwa last month warned white and Asian businessmen that unless they train more blacks to fill management positions, they "will be seriously embarrassed and may even be forced...