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Word: resorting (lookup in dictionary) (lookup stats)
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Burns assured the President's guests that the Federal Reserve, acting as a "lender of last resort," would supply enough cash to the economy to head off a financial crisis. The fear of such a crisis had in recent weeks become Wall Street's greatest nightmare. Financiers worried about a possible wave of bankruptcies among marginal companies that had exhausted their cash and bank credit while the Federal Reserve was holding the growth of money supply to zero late last year...

Author: /time Magazine | Title: Business: Wall Street | 6/8/1970 | See Source »

...resort operators and others in the home-front vacation business are bracing for a hot season. They expect cost-conscious families to flock to local resorts, which often have been bypassed in favor of far-off places. A need to escape urban tensions inexpensively has led to a surge in camping. Coleman Co. Inc., a manufacturer of outdoor equipment, reports profits up 26% in the first quarter...

Author: /time Magazine | Title: The Economy: Dividends from the Drop | 6/8/1970 | See Source »

...Government has contributed to the demand that has been driving prices skyhigh. By not collecting enough taxes to pay its bills, it has failed to set a psychologically important example of belt tightening for business, labor and consumers. By not avoiding deficits, the Government has been forced to resort to heavy borrowing. In the middle of a cash shortage, that borrowing only diverts already scarce funds from socially desirable uses, such as housing...

Author: /time Magazine | Title: Business: The Economy: Crisis of Confidence | 6/1/1970 | See Source »

...better men and training, campus police forces may still be overwhelmed by the task of patrolling what amounts to a massive urban community. Then they must ask for outside help. At relatively quiet campuses the problems usually remain manageable. But at Berkeley, Beall and his 87-man force must resort to the most ingenious means to keep order. Two recent examples...

Author: /time Magazine | Title: Education: Policing the Campus | 5/25/1970 | See Source »

Pinning down a Barthelme story is obviously a surrealistic experience -rather like trying to explain a Groucho Marx joke to someone who has never heard of Groucho Marx. In desperation Barthelme critics sometimes resort to the comparison gambit, frantically coupling their man with a host of others in the course of one review. The catalogue ranges from Dickens, Swift and Joyce to Kafka, Nabokov and Henry Miller...

Author: /time Magazine | Title: Books: Messages by Mirror | 5/25/1970 | See Source »

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