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Complete Isolation. The logistics alone made it an impressive feat. Commanded by Los Angeles Lawyer Nicholas Clinch, 36, a veteran of two Himalayan ascents, the ten members of the U.S. expedition had nothing to go on except aerial photographs in planning their assault, had to do without fancy climbing rigs. And they had to prepare themselves mentally for one of the loneliest undertakings man has ever attempted. Explained Clinch before the climb: "Antarctica is not like the Himalayas, where you can always retreat to a native village if something goes wrong." From the moment that a Navy plane deposited them...
...Economists say that inflation occurs when prices rise 2% a year or more, which often happens when times are good, money is easy, and too many dollars chase too few goods. At such times, manufacturers borrow heavily to increase production and work forces, and output jumps unnaturally high. Prices climb ever upward. Unless the Government acts quickly and wisely to restore stability, a day of reckoning comes sooner or later. Demand drops to normal levels - perhaps because consumers become surfeited with goods or are unwilling to pay inflated prices. When demand falls, production slides, workers are laid...
There are no such guarantees for CB arms, Meselson maintains. Although they are not cheap now, they will be once the pioneering stage is completed. The result, he suggests, could be disastrous. "Today, a madman in America might climb to the top of a tower for a shooting spree, or put a bomb in an airplane. But if CB weaponry were conventional, maniacs would constitute an enormous threat. An insane man could wipe out New York City...
JACK AND THE BEANSTALK (CBS, 7:30-8:30 p.m.). A musical adaptation of Jack's climb produced by the Prince Street Players, a New York City repertory company...
...builders have dismantled organizations, dispersed labor forces and dropped land options, the economic ripples have spread. The price of some suburban acreage has slowed its long climb. Construction unemployment rose to 9.3% last month. So far this year, housing has slumped 30% in Omaha, 39% in Albuquerque, 40% in Philadelphia and El Paso, 51% in Los Angeles, 58% in Reno. Builder Dean Hunziker of Ames, Iowa, has cut his production from 100 to 72 homes a year, laid off half his work force. Houston Builder Conrad Harness, who planned to put up 100 apartments and 100 homes this year...