Word: adding
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Dates: during 1960-1969
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Reagan insisted successfully that a $194 million debt left over from Democratic Governor Edmund Brown's ad ministration be paid off immediately rather than in installments. He sliced more than $43 million from the budget, based mainly on Brown's programs. When legislators complained at the loss of some of their pet projects, he compromised on some of his cuts, thereby had the $5.09 billion budget accepted with most of his economies intact. Reagan also won a partial victory on his campaign pledge to reduce property taxes by directing $148 million in state funds to local school boards...
Britain's newspapers are in the doldrums-victims of a national economic squeeze that has cut severely into their ad revenues. Yet the London Times, once considered the most vulnerable of them all, has snapped out of the crisis in a way that has startled Fleet Street. Under its new owner, Lord Thomson, the stodgy "Grey Lady of Printing House Square" has turned into a stylish swinger. In the seven months since the Thomson team took over, her circulation has jumped to 350,000-a 30% increase. "The British have lost an institution," says Columnist Peter Jenkins...
...have taxes been higher, inflation more out of hand; never has youth faced a more uncertain future, never have there been heavier encroachments on personal liberty by an all-powerful federal government, never has crime been more ugly and broad, never the air more polluted, food, clothing more expensive-ad infinitum...
...church. Three of its nine-man board of directors belong to the Council of the Twelve Apostles, the church's governing body. Most of its editorial staffers are Mormons; some are summoned from their jobs to go on missions, and they never refuse. The paper accepts no ads for alcoholic beverages, cigarettes or even coffee-unless it is part of a general grocery ad. Staffers are not allowed to smoke in news offices. "It is church property: sacred," says Managing Editor Theron Liddle...
...healthy profits. Not only does the Tribune (circ. 109,738) no longer needle Mormons; it also carries a lot of Mormon news. Some people feel the papers get along a little too well. For one thing, advertisers must pay 75% of the papers' combined rate to place an ad in one paper. Beer and cigarette advertisers feel that this discriminates against them, since they are not allowed to place ads in the News. Ironically, the News then benefits from the forbidden ads since it splits revenue fifty-fifty with the Tribune...