Word: defendents
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Dates: during 1960-1969
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Britain's move posed an immediate challenge to the stability of the dollar and the ability of the U.S. Government to defend it. It also gave Lyndon Johnson a new rationale to exert extra pressure for his proposed surcharge on income taxes. He lost no time trying, but he quickly discovered that what may strike him as imperative may strike Congress in quite a different...
...head-on clash of wills resulted last week in some of the war's most savage fighting, on Hill 875, overlooking Dak To. After a five-day battle, U.S. troops finally took possession of the summit-and discovered why the Communists had fought so long and hard to defend the bamboo-wreathed elevation. Hill 875 proved to be a giant supply depot of bunkers, tunnels and interconnecting passageways burrowed into the earth. It was one of the most massive, deeply entrenched fortresses encountered...
...symbol of U.S. readiness to defend the dollar, the Federal Reserve Board raised its basic interest rate from 4% to 4½%, and major commercial banks seized the occasion to lift their own minimum charge for borrowing from 5?% to 6%. Watching the minimal extent of the fallout, Treasury Secretary Henry Fowler pronounced himself "very encouraged" over the dollar's performance against the resulting speculative pressure in foreign exchange markets. The biggest effect-accompanied by some temporary alarums-came in the gold market. Speculators poured buy orders into the eight-nation London gold pool. In a few hours, they...
Joseph Oteri, a Boston lawyer, will defend the sellers in court...
...remains McNamara's tragedy, perhaps, despite the power of his arguments that he has frequently failed to appreciate the political consequences of his decisions. For his deployment of a thin ABM system may in time generate pressure to build a far more costly, unnecessary "thick" system to defend against the Russians...