Word: gap
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...resulting gap in astronomical research will soon be filled by ten U.S. universities, the European Southern Observatory agency and a joint British-Australian group, which have started building three 146-to 150-inch telescopes in southern latitudes this year. A U.S. telescope costing about $10 million will rise at Cerro Tololo in the Chilean Andes, 300 miles north of Santiago. A European instrument will be placed on nearby La Silla Mountain. In Australia, a $12.3 million instrument is slated for Siding Spring Mountain, 200 miles from Sydney...
Filling a Financial Gap. The five founder banks already operate a vast network of 2,365 branches in 34 countries, and I.C.B. sees these as its prime source of loan customers. "We expect to be able to finance projects anywhere in the world," says Donald Robson, joint general manager of Westminster Bank, who this week is due to be named general manager of the new operation. Commercial banks operating abroad deal largely with short-term loans of a year or less; securities underwritten by merchant banks provide long-term credit. By specializing in loans of one to six years...
Some of that gap has already been plugged by other combines. In 1964, London's Midland Bank joined the Commercial Bank of Australia, the Standard Bank of London and the Toronto-Dominion Bank to create the Midland and International Banks Ltd. (capital: $56 million). Three months ago, Britain's Barclays Bank, the Bank of America, Italy's Banca del Lavoro, Germany's Dresdner Bank, Algemene Bank of The Netherlands and Banque Nationale de Paris formed Société Financière Européenne (capital: $7,800,000), with head offices in Paris and Luxembourg...
...begin with the point that I think we face a crisis of understanding between the American people and the Chinese people. There is a cultural gap between us. We are vaguely aware of this. But of course, naturally, we are culture-bound in our country just as they are in their country. This I think intensifies the problem and increases the danger of conflict. Such a conflict as it looms on the horizon is certainly to be avoided. I would say the long-run chances of it are better than 50-50--massive knockdowns and dragouts between these two peoples...
...exclusive stress on Biblical authority, Pannenberg's offers a rightful reminder that there may be other ways by which man can come to know of God. Most important, perhaps, his conviction that revelation is historical in character may well force other theologians to examine again whether the assumed gap between secular and sacred events is all that unbridgeable...