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...realize quite how serious an economic problem their nation faces. Shops are packed with goods. "That casual visitor looking too intently for scars of crisis on the face of London," observes TIME Correspondent Herman Nickel, "takes the risk of being hit by a Rolls-Royce while crossing Bond Street." Britain has been able to maintain its living standard as high as it has largely because it has borrowed large amounts abroad (about $4 billion) and because Arab oil producers have deposited an estimated $2.5 billion in London's banks. The nation could be brought to the edge of bankruptcy...

Author: /time Magazine | Title: BRITAIN: Will Democracy Survive? | 9/30/1974 | See Source »

...table in the New York Yacht Club, which has held it for 123 years. All that Courageous Skipper Ted Hood and his eleven-man crew got for their troubles was a few postrace swallows of champagne and a dunking in the soupy waters of Newport harbor. Undaunted, Alan Bond, the Australian real estate operator who had sunk $9 million into the disappointing Southern Cross challenge, promised to return to Newport some day, but with another boat...

Author: /time Magazine | Title: People, Sep. 30, 1974 | 9/30/1974 | See Source »

...meeting, which took place in William James Hall, the members of the union expressed dissatisfaction at the lack of any pre-existing formal bond among themselves...

Author: By Amanda Bennett and Sydney P. Freedberg, S | Title: 70 Members of Radical Union Discuss Problems of Teaching | 9/26/1974 | See Source »

...member of the group said that the first step towards creating a union of all GSAS students would be to form such a bond by "crossing department lines and showing what is going on in each department...

Author: By Amanda Bennett and Sydney P. Freedberg, S | Title: 70 Members of Radical Union Discuss Problems of Teaching | 9/26/1974 | See Source »

Like Redford's "Gatsby," Bond too bombed in Newport this summer...

Author: By William E. Stedman jr., | Title: 1974 America's Cup Challenge: Bond Bombs in Newport | 9/24/1974 | See Source »

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