Word: trusts
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Dates: during 1960-1969
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Favorite Worry. Only a few weeks ago, the President felt confident that inflation was not a serious worry. His top economic consultants advised him that the economy was not "full of helium," and businessmen in whom he places trust assured him that inflation was not a real threat. "The favorite American pastime is worry," Johnson told a group of White House fellows when the talk turned to inflation. "It's their favorite jag." But the light turned amber-and Johnson called for an application of the brakes-when he got a look last week at a fresh stream...
...Manhattan, wreckers have just begun smashing a ramshackle clutch of century-old eyesores to make room for the world's highest skyscrapers, the twin 110-story 1,350-ft. structures of the Port of New York Authority's World Trade Center.* Boston's State Street Bank & Trust Co. is busy shifting 1,000 employees into its new 30-story office, and later this month some 4,000 federal workers will start moving into Boston's new 24-story John F. Kennedy building...
...plug the leak would be for the Administration to take some steam out of the domestic economy-but such a course would bring results slowly. Some businessmen insist that the Government needlessly hampers the efforts of U.S. firms to sell abroad by mindless application of domestic anti-trust laws, by tax penalties, and by weak commercial staffs in embassies. Washington Democrat Warren Magnuson, chairman of the Senate Commerce Committee, last week argued for legislation creating new export tax incentives, which are often of little help...
...Slow and Sure, and prosper then you must With Fame and Fortune, while you Try and Trust...
...that teachers give A's to all their students to avoid such choices. His Columbia colleague, Henry Linford, chemical engineering professor, retorted that "You can't botch up our educational system just to circumvent a Government order," and Dean David Truman calls overgrading a "violation of intellectual trust." Some students concede that they will choose easy courses to keep their grades high. An advertisement in the University of Michigan Daily urged coeds to muff their exams so the men could rank higher...