Word: commonical
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Dates: during 1960-1969
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...Sense. Nonetheless, it is the common opinion of theologians that the Augustinian version of original sin makes no sense today. For one thing, evolution suggests that Homo sapiens is descended not from one set of parents but from many, thus making a literal Adam and Eve quite unlikely. For another, Biblical scholars agree that the story of man's fall in Genesis is not history but myth-a story that points to the basic truth of evil in the world but says nothing about the inheritance of sin. Augustine even read St. Paul wrong; the correct translation...
...with only a 4% gain last year. To fight inflation, the Nixon Administration intends to extend the surtax, keep money tight and aim for a slight budget surplus-much the same policies that Lyndon Johnson pursued in his last days as President. Nixon will undoubtedly try to dispel the common belief that Republicans are irrevocably probusiness, especially since his overriding domestic goal is to "bring together" a nation that is already rent by too many divisions...
Still, Nixon has given in to some special interests, particularly in the area of foreign trade. In a recent press conference, he made an impassioned plea for freer trade that disappointed high-tariff protectionists. The U.S., however, has pressured Europe's Common Market and Japan to impose "voluntary" quotas on steel exports, and Nixon has made clear that he favors similar quotas for textiles. Another threat to free trade comes from home builders and lumbermen, who want the U.S. to curb timber exports to Japan. Partly because of high Japanese demand for U.S. lumber, domestic prices have risen...
Multimillion Call. At Pan Am, Chair man Harold Gray and President Najeeb Halaby were rather chagrined to discover that Resorts had a call on al most 10% of the airline's common stock and could fairly easily become the largest shareholder. Looking into Resorts, they found that it was largely a family affair run by Crosby, 41, and some of his relatives. Crosby in 1958 had taken over the Mary Carter Paint Co. ("Buy One-Get One Free"); he later bought most of Huntington Hartford's interests on Paradise Island and sold the paint-making part...
French workers are eager for wage increases to cover cost-of-living increases. Prices have been rising by an annual rate of about 6%, faster than in any other Common Market country. Consumer costs have been swollen further by huge tax increases designed to dampen demand. Inflation has debased the currency to the point where, for the first time in years, black marketeers are selling francs for stronger money at discounts of 5% or more. The economy's weakness has so greatly affected the country's political power the French are no longer campaigning in world banking councils...