Word: consortium
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Dates: during 1960-1969
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...between India and Pakistan. Though the battle line came within 50 miles of the site, only nightwork was stopped, since the camp had to be blacked out. The contractors were racing to complete the project ahead of schedule and collect a $6,000,000 bonus, which the Atkinson consortium counted on when it set its price-$20 million under the next lowest...
...train professional school administrators, pay its best teachers as much as it pays any of its other professionals. More concretely, the scholars called for less emphasis on traditional classical education, which "only prepares a student for the ranks of the unemployed," and recommended creation of a new international consortium of agencies to channel money into the schools of needy nations...
Lockheed was by no means first to see the silver lining in that vision. European airlines began calling for an air bus back in 1963, and the British, French and German governments got an aircraft-manufacturing consortium together to cash in on the demand. Their early lead disappeared as the partners fell to feuding. They also suffered a rude shock when American Airlines Chairman C. R. Smith allowed as how he would have none of a twin-jet design, considered anything less than three engines in a 300-passenger plane foolhardy for safety reasons...
Balconies Too. The idea was to make the whole thing look like a South Sea archipelago. In February 1965, a consortium of oil companies (Texaco, Humble, Union, Mobil and Shell) went to work hauling in rock and sand fill to build four ten-acre islands. Palm trees as tall as 60 feet were transplanted from Santa Barbara and San Diego, and architects were put to work sketching terra-cotta and steel shells for the oil rigs, designed to look like handsome balconied apartment buildings and soundproofed to keep the drilling noise from echoing across...
...Guyana, meeting in Barbados, partners in Jamaica, esu in the Bahamas, and chitty (the Hindi form from English chit) or susu in Trinidad. The Brazilian flair is in raising the ante to allow major purchases, and in raising the tone of the whole operation by calling the group a "consortium." I predict West Indians will be purchasing cars this way within a month after TIME arrives...