Word: worsted
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Dates: during 1960-1969
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...Worst Since...
...than their fellow citizens'. Their unemployment rate is nearly 40%, ten times the national average. Some 50,000 American Indian families live in miser able huts, shanties, tents, abandoned cars. Half of their children never finish high school. Their sickness, illiteracy and poverty rank among America's worst. Their sad estate last week moved President Johnson to declare in a message to Congress: "No enlightened nation, no responsible government, no progressive people can permit this shocking situation to continue...
...Instead of being confined by the magnetic lines of force to the Van Allen radiation belt, many of these particles will penetrate the atmosphere and strike the surface of the earth-causing an increase in mutation rates at best, eradicating entire species of animals and plants at worst...
...Certificate. Many other large brokerage houses are w making-or planning to make-similar strides, but none of them If! deals with the worst culprit in the back-office mess: the stock certificate itself. Most transactions call for the physical transfer of stock certificates among firms or customers. Yet at present, certificates cannot be processed by machine; they are counted, sorted, alphabetized and routed as they always have been-by hand...
When Henry Ford II recently took his company's new president, ex-General Motorsman Semon ("Bunkie") Knudsen, on an inspection tour of European operations, the worst was saved for last. Landing at Cologne, Ford and Knudsen needed only to look out the window of their private plane to see lots filled with Ford-made cars-part of the 45,000 that presently account for 56% of all West Germany's unsold autos. Ford sales for last January were off 35% and production schedules have been cut by one-third. Finally, arriving at the company's Cologne headquarters...