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...share prices with record speed; the Dow Jones industrial average jumped 35 points Wednesday, its largest one-day rise in history. On the commodity markets, prices for future delivery of cattle, soybeans and cotton briefly fell, partly in the expectation that inflation really would slow down. Oddest of all, bond prices rose sharply, and long-term interest rates actually fell. Apparent reason: a dollar recovery and less inflation might bring interest rates down in the long run, however high the Federal Reserve may jack them up over the next few months...

Author: /time Magazine | Title: To Rescue the Dollar | 11/13/1978 | See Source »

Wilson contrasted the work of the NAACP of the '70s with its old role, but she said that the group remains a basic, grass-roots civil rights movement. She said, for instance, that the organization's members recently helped post a $1.6 million bond in a Mississippi suit...

Author: By Joseph T. Scarry, | Title: NAACP Leader Outlines Its New Role | 10/31/1978 | See Source »

...state inside Lebanon but also turn the country into another confrontation power. In 1975, as clashes between Christians and Palestinians escalated into full-scale civil war, the Maronite militia turned to Israel for arms and training. A certain elitism - and a mutual hatred of Syrians - has nurtured the longstanding bond between the Israelis and the Europe-oriented Maronites, who regard themselves as a bastion of Western civilization in the Arab world. As a Christian militia officer explained last week, "We feel, like the Israelis, that we are on the spot be cause we are better. We let the Syrians into...

Author: /time Magazine | Title: LEBANON: The Christians Under Siege | 10/23/1978 | See Source »

After two days the committee put up the money for the $25,000 bond and the police freed Hines. Mims later regretted that most of the committee membership is black: "It should not have a color line--this is not a black and white issue, it's an issue of human rights. Calling it black or white polarizes the community. The community should be together on this," he said...

Author: By Brenda A. Russell, | Title: Southern Justice: 1978 | 10/21/1978 | See Source »

...last two rapes the assailant drove a car--one was a stick-shift--returned the woman to her home, backed the car up and abandoned it. Steve Wynn, who helped put up Hines' bond, said "He can't even steer a bicycle...

Author: By Brenda A. Russell, | Title: Southern Justice: 1978 | 10/21/1978 | See Source »

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