Word: auction
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Dates: during 1980-1989
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...play's climactic scene, she is engagingly ironic: "I am up for auction...
...bust shipbuilding industry. In 1925, BIW actually closed its doors, and there were plans for turning the yard into a factory for making paper pie plates. In 1927, William S. ("Pete") Newell, a graduate of the Massachusetts Institute of Technology and an old-stock Yankee, bought BIW at auction and began building any kind of ship he could: yachts, Coast Guard cutters, fishing boats, then Navy vessels as World War II approached. Employment swelled to more than 12,000 during the war, but then plunged after the American victory at sea, falling to 350 in 1947. It picked up, though...
...most important suit brought against Watt so far centers on his plan to offer for lease a billion acres for offshore oil and gas exploration over the next five years. As an initial step, Watt announced last April that he planned to auction 31 tracts off the California coast near Santa Barbara. A coalition of groups, including the state of California and the Natural Resources Defense Council, immediately sued to stop the sale. The plaintiffs' lawyers argued that the proposed drilling threatened the coastline as well as the area's sea otters and other endangered species. More persuasively...
Government bonds, bills and notes fared no better than private issues. To attract buyers at its regular Monday auction of six-month bills, the Treasury had to boost the interest rate on the bills to a record 15.854%. Six months ago, it had to offer only 13.611% to sell the six-month bills...
Some moderates and liberals blamed the loss on the leadership's auction-block approach to shaping a tax bill. Led by Arizona's Morris Udall, a handful of liberals had proposed an alternative one-year tax cut that was easily voted down. Said John Conyers of Michigan: "We can't out-Republican the Republicans and then beat Reagan." Other Democrats were ready to punish the party rebels, such as Texan Phil Gramm, who sat in on Democratic budget caucuses while working with the White House, and Hance, who not only co-sponsored Reagan...