Word: vestment
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Dates: during 1970-1979
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...open membership policy, though First Baptist says it has no record of how many members are black. Pollard sees the U.S. in trouble, and one of his persistent themes is how to save American democracy in a hostile world. He is likely to point out that "the best in vestment of all is the missionary investment," after citing figures snowing that the average "overseas conversion to Christianity costs just $654 per convert - as opposed to the cost of $200,000 to kill a single enemy soldier in World War II or $500,000 per kill in Viet Nam. It takes...
...largest offshore investment com bine. At its peak in the late 1960s, I.O.S. managed assets totaling more than $2 billion in mutual funds alone; armies of I.O.S. "reps" rang doorbells everywhere to persuade people to put their savings into one or another of I.O.S.'s 130 in vestment outlets. Cornfeld, a onetime social worker, proclaimed that "everyone can be a millionaire." As if to prove it, he lived a sybaritic life in a Geneva man sion built by Napoleon, where he was sur rounded by purring cheetahs, freeloading jet-setters and a harem of adolescent beauties...
...there is one root to the evils gripping the nation's economy, it is a low level of investment. The U.S. spends only 9% of its national income on capital in vestment, vs. West Germany's 15% and Japan's 20%. Consequently, the country is living off - and eating up - its capital stock. Its plants and machines are aging, its competitive edge in world markets is softening, its productivity growth is falling, and its prices are soaring. The surest way to return to noninflationary increases in living standards would be to enhance productivity, and the best means...
More than 200,000 people were packed into St. Peter's Square when Karol Cardinal Wojtyla, 58, Archbishop of Cracow, received the ceremonial vestment as the 263rd successor to St. Peter and spiritual leader of some 700 million Roman Catholics. As the Cardinals of the church filed forward to pay him homage, he spoke warmly, and often at length, with each, disregarding the presence of television cameras. The most electric moment came when Poland's Stefan Cardinal Wyszynski knelt to kiss the papal ring. John Paul lifted his stern old mentor to his feet, embraced him, then kissed the Polish...
Simmons, who co-founded Diners' Club and published Weight Watchers Magazine before he launched National Lampoon, has three movies to go on his four-film-minimum contract with Universal Pictures. The bankroller and distributor of Animal House, Universal recouped its initial in vestment a few weeks after the film's opening. National Lampoon's cut of the gross - 5% at first, but now and henceforth 17.5% - translates into $3 million...