Word: abolish
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...superior athlete by giving him a comfortable college career financially, and an easy career academically. I am not saying that Harvard has done this in the past, but what I am saying, is that if Harvard wishes to keep its present "big-time" program it will have to abolish its present standards for the future. The Ivy League is presently asking its basketball players to compete on equal footing with other athletes who are not students first, but basketball players first. This is totally unfair to the Harvard basketball player who must choose between devoting his energy towards winning...
...powerful farm bloc in Congress, however, no President has dared to seek major changes in agricultural policy. But Richard Nixon, faced with growing consumer outrage at food prices and with no need to seek reelection, last week unveiled a daring plan that would, over perhaps three years, abolish federal farm subsidies, marketing controls and acreage allotments that limit farm supplies...
...Abolish parity. Probably no concept in modern government is more meaningless than parity, which is the relationship between the price that farmers collect for their crops and livestock, and what they pay for the goods and services that they use. Parity harks back to Washington's Depression-era effort to raise farm prices to their level in 1910-14, which farmers then remembered as "good times." The optimum parity is 100, the theoretical level that prevailed in pre-World War I days. Today, parity is running at a relatively high mark of 80. Considering that farm productivity has changed...
...sweeping reorganization designed to save money and help streamline the cumbersome federal bureaucracy, Nixon has all but exiled Washington's scientific establishment. He decided to abolish the post of Presidential Science Adviser-an office created by President Dwight Eisenhower to help meet Russia's technological challenge. In addition, he may eliminate the White House Office of Science and Technology and the President's Science Advisory Committee. The 20 scientists of that committee provided technical expertise when they were asked for it, and occasional criticism even when they were not-as in the case...
...most compelling job last week clearly was to handle the devaluation. Another stunning example of just how far Shultz's answers can lead the Administration was the President's new farm program. Largely on the recommendation of his economic chief, Nixon proposed that Congress gradually abolish the federal subsidy program, which the nation's farmers have relied upon for income since the Depression (see TIME ESSAY, page 22). Shultz has long argued that the old farm policy, which has cost federal taxpayers many billions over the past 40 years, is drastically outdated and keeps food prices higher...