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...General Services Administration $100 million to start buying as many as 15 materials for the National Defense Stockpile. In addition to high-temperature metals used in jet engines, such as cobalt, titanium and columbium, the Government will consider buying oddities like sisal fibers, a key ingredient for rope; castor-bean oil, a high-quality lubricant; and pyrethrum, an insecticide. While the amounts are not yet great, they represent a new direction in policy. Said Congressman James Santini, a Democrat from Nevada, "This is both a substantive and symbolic beginning. It's long overdue...

Author: /time Magazine | Title: Strategic Gaps | 4/20/1981 | See Source »

Yamashita, the soft-spoken chief executive, wears conservative business attire and lives in the rolling hills outside Osaka in a graceful seven-room house with immaculately pruned shrubbery. Trim and athletic, he favors a traditional Japanese diet. His breakfast that day consisted of grilled fish, rice and bean-paste soup...

Author: /time Magazine | Title: A Daily Samurai Duel | 3/30/1981 | See Source »

...Democrats demand more details and less "jelly bean talk...

Author: /time Magazine | Title: Reagan's Budget Blitz Rolls On | 3/9/1981 | See Source »

...plans last week on a sour note. Democrats assailed the President's argument that his proposed individual tax cuts would inspire people to save or invest rather than to simply consume more and increase inflation. Texas Democrat J.J. Pickle scoffed at this approach as "jelly bean talk." New York Democrat Thomas Downey acidly told Treasury Secretary Donald Regan: "I do believe a lot of your assumptions are hallucinogenic." Replied a shaken Regan: "I resent that. To call the Treasury Secretary of America . . ." Downey interrupted: "You cannot cite one statistic, one report, one shred of evidence...

Author: /time Magazine | Title: Reagan's Budget Blitz Rolls On | 3/9/1981 | See Source »

Genus jelly bean is a descendant of Turkish delight, a gelatinous confection dating from biblical times, and a French technique called panning, in which the soft centers are hard-coated with syrup and sugar; the process takes up to two weeks. Goelitz plants in California and Chicago are now on six-day weeks; new orders take two months or more. Unless you drop in at the Oval Office...

Author: /time Magazine | Title: Living: Hill of Beans | 2/23/1981 | See Source »

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