Word: gap
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...real answer to the balance of payments in the end, says Treasury Secretary Douglas Dillon, falls on the foreign adventurism of the U.S. businessman. To close the payments gap, he says, "will take a substantial and accelerating increase in U.S. exports of goods and services...
Pushing the Limits. Encouraging as all this appears, these facts remain: there is a balance of payments gap, it has widened recently, and it is destined to widen further in the current quarter. European banks habitually build up their dollar accounts as "window dressing" for year-end bookkeeping, and this expands the U.S. deficit. Moreover, the U.S. has just about reached the limit in "tying" foreign aid funds to U.S. purchases, and it can hardly jack up interest rates much more during a period of economic sluggishness...
...Bangor, Me., permission was refused. Officially, Canadian and U.S. airmen at NORAD headquarters in Colorado Springs had nothing to say. "This is politics," said one officer. Privately, they ground their teeth in frustration. The incident did illustrate an interesting point. Across Ontario and Quebec, there is a 300-mile gap in NORAD 's first line of air defense...
...ashore at the wrong place, and officers desperately pored over out-of-date maps trying to get themselves oriented. The British, assigned the north sector of the 20-mile stretch of beach, found themselves ten miles from the nearest Americans to the south, and the Germans soon filled the gap. Cried a dismayed U.S. artilleryman: "We've got them just where they want...
While it ministers to the demands of a confused reading public, the variety of critical reaction also fills a real gap in Salinger's writing. But Grunwald's collection illustrates well that Salinger has become little more to his critics than a blackboard and a mirror...