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...boom began in mid-1972, when rapid business expansion round the world created a hunger for materials that could not be satisfied. The prices of such key metals as copper, zinc and lead, along with such fibers as cotton and rubber, doubled and in some cases tripled by late 1973. Then the energy crisis caused stock and currency values to wobble. Speculators fled from stock and foreign-exchange markets into the seeming safety of the rising commodities markets, bidding raw-materials prices up another...

Author: /time Magazine | Title: COMMODITIES: The Spiral Unwinds | 9/16/1974 | See Source »

...inflationary world economy. As business slowed in many major countries, demand softened, material supplies caught up, and speculative prices cracked. On the London Metal Exchange, the price of copper had dropped 53% by last week, zinc prices had been halved, silver had slid 41% and lead 27%. Among nonmetals, cotton was down 34% from the spring peaks, and rubber...

Author: /time Magazine | Title: COMMODITIES: The Spiral Unwinds | 9/16/1974 | See Source »

...This was the old cotton country petering out. I remember numerous occasions where we'd go out to the farmers during the day, and he'd have to inoculate 30, 40 or 50 animals at a time," Brimmer said...

Author: By Philip Weiss, | Title: Brimmer: Riding the Trends From Bayou to B-School | 9/16/1974 | See Source »

...Paris 47 years before. Following his instructions, he was buried within eight hours after his death. Hawaiian cowboys crafted a roughhewn casket of eucalyptus wood, and a grave was quickly dug atop a cliff overlooking the Pacific. His body was dressed in a khaki work shirt and dark cotton work trousers and, according to his wishes, his pallbearers also wore simple work clothes. The other mourners, including his wife and his son Land, wore Hawaiian-style attire...

Author: /time Magazine | Title: HEROES: The Lone Eagle's Final Flight | 9/9/1974 | See Source »

...print the opinion of a "writer," it is just as significant, important and as democratic to note the experience and occupation of a cotton-mill worker in South Carolina or cowboy in Wyoming as of a former Justice Department official or retired businessman...

Author: /time Magazine | Title: Forum: Two Amnesties: Ford's. . . | 9/9/1974 | See Source »

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