Word: bitters
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Dates: during 1970-1979
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...ticket. Illinois Congressman John Anderson, 54, a moderate, is popular in the House and Midwest. U.N. Ambassador and former Pennsylvania Governor William Scranton, 59, is an able Ford friend and confidant who is also highly popular with moderates, intellectuals and Easterners; but his name evokes memories of the bitter 1964 Republican Convention, when he made a late and abortive effort to block Barry Goldwater's nomination...
Weinglass and the Harrises had no complaints about Prosecutor Samuel Mayerson, who laid out his case with cool, professional thoroughness. But emotional clashes almost immediately erupted between the defense and Judge Mark Brandler, 66. On occasion Harris lost his temper and once cursed Brandler. A bitter defense disappointment came when Brandler refused to bar admission of a tape sent to an L.A. radio station on which Harris talked about the shootout; both defense and prosecution experts had testified that the tape could have been altered...
...developments of the past fortnight are all the more alarming because the 1980 Olympics are scheduled for Moscow. Judging from Soviet newspapers last week, the bitter political legacy from Montreal could have profound-and potentially disastrous-effects on the Games in Moscow. Commenting on the Montreal events, Moscow's authoritative Literary Gazette wrote: "The Olympic Games are not just a major sports festival but are one of the fronts of fierce struggle between the supporters and opponents of international cooperation and mutual understanding." By supporters, the Soviets mean their allies and Third World nations; opponents are everybody else...
...view, had been made complacent by its long record of innovations (the most famous: the invention of nylon by Du Pont Scientist Wallace Carothers in the 1930s). Says Shapiro: "There was a smugness, a feeling that we're just a little better than anyone else. It took some bitter experience to cleanse the system...
...bitter experience came with the recession. Sales of synthetic textile fibers, which account for more than a third of Du Pont's volume, soared well into the recession year of 1974, spurred by a shortage mentality created by the Arab oil embargo. A Du Pont joke at the time was that if this is what recessions are like, bring on more. But then the buying stopped, and Du Pont and other manufacturers realized that they had built heavy overcapacity and were vulnerable to sharp price cutting. Result: Du Pont's earnings fell 33% in 1975. This problem...