Word: wall
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Dates: during 1960-1969
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...after Nikita Khrushchev launched his rocket-rattling "breakthrough" policy, the Russians began threatening to sign a separate peace treaty with East Germany, thereby isolating and possibly dooming West Berlin. The threat to Berlin, repeated in 1960 and 1962, was defused by U.S. troop reinforcements. The building of the Wall in 1961 to choke off the flow of escapees was tacit admission of failure...
...shooting of Student Benno Ohnesorg, 26, during the anti-Shah rioting. His death by a police bullet has elevated him to martyrdom; the New Left now talks of him the way angry West Germans talked of Peter Fechter, who was killed by East German border guards at the Berlin Wall five years ago. West Berlin's police chief (since furloughed) hardly helped matters when he called the anti-Shah crowd "a liverwurst . . . You press it in the middle to squeeze it out at the end." To the distress of the student leaders, Brandt refused to condemn the club-swinging...
Backs to the Wall. For such schools as Yale and Harvard, the financial crisis is relative: what is involved is not survival but the maintenance of traditional excellence. For plenty of other colleges...
...however, the quest for funds is a matter of life and death. "The less well-endowed university," says Brewster, "is literally finding its back to the wall as it tries to be competitive in faculty, facilities and programs." Occidental President Richard C. Gilman, while confident that his own school will survive, predicts that 250 private colleges will either merge with other institutions or collapse within the next five years. Already Temple and the Universities of Pittsburgh, Buffalo, Kansas City, and Houston have quietly surrendered their status as entirely independent private schools, have become affiliated with state systems...
...Such as making money on commuters: the C. & N.W., with a profit of $2,000,000 from its Chicago short-haul service last year, is one of the few U.S. railroads that earned money on that kind of traffic. Or accomplishing unlikely mergers: in a recent move that caught Wall Street by surprise, Heineman announced that for cash and stock exchanges totaling $367 million, the C. & N.W. was acquiring Essex Wire Corp. (annual sales: $375 million), a Fort Wayne, Ind. firm that makes wire, cable, switches and auto parts in 54 U.S. and Canadian plants. The railroad seems...