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DEFENSIVE BACKFIELD--Three cheers for the Crimson's Bat Masterson as the league's top monster/rover back/adjuster. Arnie Pinkston (Yale), Virgil Cotton (Cornell) and Luke Gaffney (Brown) round out a less-than-stellar first-team group. Second team: Harvard captain Steve Potysman...

Author: By John Donley, | Title: It's All-Ivy Time | 11/28/1978 | See Source »

...some $83 million in commodities, mostly industrial chemicals, and bought $62 million worth of textiles and arts and crafts, doubling the previous record of $75 million at the fair last year. The U.S. will probably sell the Chinese $700 million worth of products in all this year, mainly wheat, cotton and soybeans. To pay for some of their imports, the Chinese have devised "compensation trade" schemes, buying machinery with the products that will eventually roll off assembly lines. In a move that is heretical by Marxist, let alone Maoist, standards, Peking has also authorized capitalist use of cheap Chinese labor...

Author: /time Magazine | Title: CHINA: Teng's New Long March | 11/27/1978 | See Source »

...dirty and dangerous production and do not allow for the social and invisible economic benefits of regulations. How, they ask, can anybody put a price tag on life and health? What is a few billion dollars here or there if thousands more workers will not suffer and die from cotton-dust poisoning or asbestos-caused cancers? Says Labor Secretary Ray Marshall, in support of stern safety and health regulations to protect workers: "A relaxation will increase the real social costs that our traditional economic indexes do not measure...

Author: /time Magazine | Title: Time Essay: The Rising Risks of Regulation | 11/27/1978 | See Source »

...were initially so excited by the promise of a steadier dollar that they optimistically bid up share prices with record speed; the Dow Jones industrial average jumped 35 points Wednesday, its largest one-day rise in history. On the commodity markets, prices for future delivery of cattle, soybeans and cotton briefly fell, partly in the expectation that inflation really would slow down. Oddest of all, bond prices rose sharply, and long-term interest rates actually fell. Apparent reason: a dollar recovery and less inflation might bring interest rates down in the long run, however high the Federal Reserve may jack...

Author: /time Magazine | Title: To Rescue the Dollar | 11/13/1978 | See Source »

...mountain.' " Over $1 million was spent just to rebuild Henning near Los Angeles: during Roots 2, viewers will see the town grow from a dusty rural outpost into an industrialized modern city. Says Margulies: "Finally I had the money to shoot in an honest-to-God cotton field...

Author: /time Magazine | Title: Television: The Return of Haley's Comet | 11/13/1978 | See Source »

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