Word: channelized
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...current displeasure with England. The awkwardness of the British position on MLF provides him with a convenient target for retaliation for other things. The new Wilson government has informed Paris that it would like to "revise" schedules for building the superconic airline Concorde and the tunnel under the Channel. The British wish to delay these projects because their cost would upset their austerity program. But de Gaulle is upset by Britain's new reluctance because he hoped the Concorde would cut significantly into American domination of the profitable airline industry...
...WORLD) put through a stern pound-protecting program. A new 15% tax on manufactured imports will have the effect of doubling tariffs, adding 28? to a bottle of sherry and $225 to a Volkswagen. The government also started to "re-examine" the joint Anglo-French projects to build the Channel tunnel and the Concorde supersonic jet transport (the French feel certain that Britain will try to pull out of the Concorde). On top of that, the government announced a tax kickback for exporters, amounting to 1.5% of the value of goods shipped...
...million treasury to invest, the West German Trade Union Federation has become absolutely capitalistic: it owns dozens of businesses, from the country's biggest housebuilder to a supermarket chain. Last week, Building Workers Chief Georg Leber presented Chancellor Ludwig Erhard with an ambitious plan under which management would channel 1.5% of labor's wages into a huge investment fund that would later pay benefits to the workers...
...America's Crisis," a documentary film about the attitudes and values of American college students, will be broadcast at 9p.m. tonight on WGBHTV, Channel 2. A substantial part of the film was made at Harvard, where a number of undergraduates were interviewed...
...Mezzogiorno-Fund for the South-the government has lured industry through tax incentives, custom-free importation of plant equipment, easy credit, cash grants, free building sites and worker training programs. Such state-owned enterprises as the holding company I.R.I. and the petroleum company E.N.I. are required to channel their major investments south of Rome; in the Naples area, I.R.I. has built a plant for almost every one of its many industrial lines...