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...agony which those changes are causing is what has come to be called the City's "housing crisis." The crux of the problem is simple: Cambridge's housing stock is not large enough to accommodate all the people who want to live in the City. Generally more affluent than the older residents, the newcomers have bid up the price of housing...

Author: By William R. Galeota, | Title: Not Everyone in Cambridge Likes Harvard As Change Comes-Agonizingly-to the City | 9/18/1969 | See Source »

Almost half of the world's population is undernourished, and there is hunger even in the affluent U.S. Still, such a global surplus of wheat has piled up this year that producing nations are locked in a price war as they fight to get rid of their oversupply. The U.S., which allowed prices to sag last winter, has now reduced its wheat export prices three times within the past two months to counter cuts by Canada, Australia and France. The major wheat exporting nations are meeting this week in London, but despite their efforts, no agreement...

Author: /time Magazine | Title: Commodities: The Wheat Price War | 9/12/1969 | See Source »

...militancy of the student New Left and the dropped-out pacifism of the turned-on types are two sides of what he calls a "counterculture" by which almost everyone under 30 has been affected. Like the poor urban black, this counter-culture is an alienated minority within the Affluent Society, even though it is made up primarily of the sons and daughters of the middle class. They have seen suburbia, found it wanting, and have uttered "the absolute refusal," as New Left Guru Herbert Marcuse calls it, to modern urban technology and the civilization it has produced. With surpassing ease...

Author: /time Magazine | Title: Woodstock - The Message of History's Biggest Happening | 8/29/1969 | See Source »

...short run, the best bet for alleviating the litter problem may well be the old deposit system. In recent years, U.S. container makers have turned to no-deposit bottles and cans because they save handling and storage costs. Moreover, Americans have grown too affluent to claim the tiny deposit per bottle...

Author: /time Magazine | Title: Effluence: Harvest of Trash | 8/29/1969 | See Source »

...Later in the month, 500 members frolicked as guests of the bank at a barbecue and beer bust. There was a reception for Singer Glen Campbell before his Houston concert and a private premiere showing of John Wayne's new movie, True Grit. Recognizing that club members are affluent-their average salary is more than $10,000 a year-merchants have been vying for their patronage with tempting discounts. One restaurant gives members a free bottle of wine with dinner. Another restaurant discounts the chit...

Author: /time Magazine | Title: Banking: Swinging with Youth | 8/22/1969 | See Source »

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