Word: spur
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...state in 1840, when two brothers built an iron foundry in the northeastern Wyoming Valley, turned out rails for the Erie Railroad. Their growing community became known as Scranton. The most prominent of the early Scrantons was Bill's great-grandfather, Joseph. He managed the foundry, started a spur that became the Delaware, Lackawanna & Western Railroad, organized the Lackawanna Iron & Coal Co., founded a bank and headed the local gasworks and waterworks. The Scrantons grew wealthy, but not complacent. Bill's grandfather, William Walker, as early as 1873 was warning that the town must diversify...
...Kennedy Administration. Dole has not. Says he: "No Kennedy leader has mentioned the possibility of reducing a program, any federal program. They want a $900 million boondoggle on public works. They've added 100,000 people to the federal payroll. They talked about a tax cut to spur the economy, but our people are for a reduction in federal expenditures to stimulate the economy...
...compares favorably with the losses sustained by banks. Competition holds down factors' charges to around 1% to 2% of the value of the accounts they factor. For higher earnings, factors look to increased volume. Their fondest hope is that President Kennedy's new trade expansion bill will spur new interest in European sales among small and medium-sized U.S. companies. Already factors are planning overseas operations to handle accounts in lire, kroner, pounds, Deutsche marks, francs and just about every other currency in which accounts can be receivable...
...family's travels took him through ten different schools. Although he was never a top scholar, Teddy managed to follow his three brothers to Harvard. As a freshman, he was struggling along with a C minus in Spanish when, on the spur of the moment, he asked a classmate to take an exam for him. The friend was caught, and they were both suspended. This year, to forestall the possibility that his expulsion might be used against him politically, Teddy made a public confession of the incident. During the campaign. Opponent McCormack never mentioned...
From General Motors came pictorial evidence of how the sibling rivalries within the nation's biggest manufacturing company can spur its individual divisions. Two years ago, when Buick was given $50 million by G.M. to build the Riviera hardtop as G.M.'s official answer to Ford's Thunderbird, Pontiac and Chevrolet bosses went off and sulked, then decided to build T-Bird competitors of their...