Word: containing
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Dates: during 1970-1979
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...Upper Volta, two of Africa's most impoverished nations, are threatening to go to war. The reason: a claim by Mali to a 100-mile stretch of land in the sub-Sahara now belonging to neighboring Upper Volta. In addition to invaluable water supplies, the disputed land may contain rich deposits of oil, natural gas, manganese and titanium. Although black African leaders have tried to mediate the dispute, troops of the two belligerents have been sniping at one another for the past month, and chances of a full-scale conflict are high...
...excess profits on social services. It can also reduce its steep income taxes (now ranging up to 90%). But University of Oslo Economist Erling Eide predicts that any reduction in taxation would lead to a severe inflation resulting from Norwegians' increased spending power. The only way to contain the inflation, Eide says, would be to revalue the krone to reduce the cost of foreign imports. Revaluation, though, would damage such Norwegian export industries as fish processing and paper by raising the prices of these commodities in foreign currencies. Significant unemployment would follow...
...year on Lincoln Steffens' muckraking Everybody's Magazine. His first book, A Preface to Politics, was written after he served a brief stint as secretary to the Rev. George R. Lunn of Schenectady, N.Y., one of America's first Socialist mayors. But no dogma could contain Lippmann for long. He soon abandoned Socialism-but not all of its causes-and in 1914 became one of the founders of the liberal New Republic...
...cover the smallpox epidemic then raging in America. One of the current bestsellers to be reviewed in the Books section: Edward Gibbon's Decline and Fall of the Roman Empire. Since advertising was then as now a part of almost all magazines, this special issue will also contain a limited number...
...Cabinet will contain members of all L.D.P. blocs and thus may be more effective than Tanaka's was in pushing programs through the Diet. Even so, it is uncertain how long the ambitious Fukuda and Ohira will continue to back the new Premier. Either may attempt to undermine Miki-if and when he feels strong enough to become Premier himself. That kind of power play, however, could destroy the L.D.P. and plunge Japan into political instability...