Word: coal
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Behind these statistics is a change of greater psychological meaning-as great in its import, perhaps, as some of the first experiences of work that coded man's behavior. A pre-industrial world-whether one hunts animals or tends flocks, cuts wood or digs coal, cultivates the soil or fishes the seas-is primarily a game against nature. One's experience of this world is conditioned by the vicissitudes of the seasons, the character of the weather, the exhaustion of the soils. The forces to be overcome are tangible, if capricious. An industrial world is a game against...
Atoms-and-Coal Formula...
...rise of as much as $40 billion in consumer living costs during the next year, or $400 to $800 for the average family of four. Those figures are probably too steep: they reflect guesses on how much oil increases might pull up prices of natural gas and coal and a belief that the $2 tariff would be retained, which has already been proved wrong. They also suggest a fear that higher oil prices will drive up prices of petrochemicals and many other products. The possibility of such a "ripple effect" is real indeed, though the congressional study may have overestimated...
...illusion. His often snail-like pace (one local in southern India makes 94 stops) gives him the not always pleasant chance to sniff out local differences. "The first condition of understanding a foreign country," T.S. Eliot once wrote, "is to smell it," and Theroux misses nothing, from the burned coal that permeates Indian train stations to the poisonous industrial fumes of Osaka...
Some of the biggest profits gains came in the machinery industry-up 25% from the first quarter, largely as a result of heavier demand for coal-mining and farm equipment. Food processing enjoyed a 33% rise, mainly because lower costs for sugar, wheat and shortening fattened profit margins. Another pleasant surprise: General Motors reported net income up more than 400% above the first quarter, and 8.8% ahead of a year ago, on the strength of a long-awaited pickup in its car sales. American Motors also showed a healthy increase: net income rose to $10.1 million, v. a $47.8 million...