Word: interestingly
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Dates: during 1960-1960
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...from independent new nations, but in colonial or trust territories, the department deals directly with the governing power: in short, State tries not to butt in too much in the British territory. A New York Negro named Frank Montero, president of the student foundation, wrote to Nixon, recalling his interest in Africa and asking for his help. Nixon turned Montero's request over to Satterthwaite, who promptly rejected it for the third time...
When word of all this leaked out, the Nixon camp quickened its interest in the African airlift. Among U.S. Negroes, onetime Baseball Star Jackie Robinson is about the hottest Nixon supporter around. He called Nixon in Washington, and the Vice President assigned James Shepley, his campaign research chief,* to badger the State Department once more...
...Upper West Side last week two gangs met in a bloodless rumble. As shooting began on the $5,000,000 film version of West Side Story, the principal street fighters were Hollywood dancers with heavy makeup and bleached hair; but a more genuine group stood by with scornful interest. Wearing checked trousers and colored shirts which, by their own description, gave them a "continental Ivy League" look, far more authentic than the dated T-shirts and Levi's of the dancers, the onlookers could claim to be competent critics. On hand as extras, they were members of the Massadors...
...biggest effects of the FRB's actions are not likely to be felt for some time. Bankers hope that the 5% prime rate of U.S. banks-the interest charged the biggest borrowers with the best credit-will not drop too soon. "Any bank in Dallas probably could lend twice as much money as it has available to lend," said a Dallas bank officer, "and the Fed's action won't change this situation." Most big-city banks have some 60% or more of their deposits out in loans, close to the highest deposit-loan ratio in history...
Though long-term interest rates may resist the FRB's downward tug for some time, volatile short-term rates-the costs of financing shipments and storage of goods-have already eased. Many short-term Government securities are held by foreign investors, and the drop in interest rates may encourage them to seek higher rates elsewhere in the world, cause a drain on U.S. gold reserves. The gold outflow has picked up speed in recent weeks, now totals some $384 million this year. But this is a healthy improvement over this time last year when the U.S. had lost nearly...