Word: creation
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Dates: during 1970-1979
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...Just a month ago, Beame had announced that the city's fiscal crisis was largely over. His premature optimism was based on New York State's creation of Big Mac with the authority to convert the city's short-term notes into long-term securities. Few thought that the corporation's nine illustrious voting members would have trouble marketing its bonds. To their surprise, Big Mac members discovered that many investors were unwilling to buy their offerings. Even though Big Mac bonds were secured by revenues from the city sales and stock-transfer taxes, they dropped...
...turns his acerbic melancholy on German society in "Wrestling Match:" a joyful orchestra accompanies two headlocked wrestlers in front of high society onlookers who hoot from gilded balconies or eat delicacies at tables bordering the fight. In a lighter vein, Franz Marc characteristically uses animal symbolism in his woodcut "Creation." Lighter still is Dadaist Kurt Schwitters' "Composition with Profile," a well-composed, child-like doodling...
Public Budget. The goals of the White House are to restore public confidence in the functions of the intelligence agency and establish an effective congressional watchdog organization. President Ford, say his top aides, now favors the creation of a special joint committee, drawing members from both the House and Senate, that would have the power-still not spelled out -to oversee the operations of the CIA. Such a step was recommended by both the Rockefeller Commission, which looked into the domestic transgressions of the CIA, and a blue-ribbon commission on foreign policy that was created by President Richard Nixon...
...some pretty dry rivers in Europe." Another problem during the closing days of the negotiations was posed by Malta's Socialist Premier Dom Mintoff, who demanded the insertion of sentences declaring that the signatories would work toward the reduction of armed forces in the Mediterranean and the creation of a federation of European and Arab states. Delegates finally agreed "to promote the development of good neighborly relations with nonparticipating Mediterranean countries"-not much of a concession, but enough to enable the pro-government Malta News to crow: EUROPE BOWS TO MINTOFF...
...Sinai front, but Rabin and his government doubted all along that Egypt was economically or militarily ready for another war. The Israelis were less angered by Egypt's threat than by some of the hostile language emanating from Cairo. Sadat referred to Israel as an "imperial creation" and as "a dagger in Egypt's side." Visibly annoyed, Premier Rabin charged that Sadat was not serious about peace, and that there could be no agreement unless and until the Egyptians agree to face-to-face talks. This is still unacceptable to Cairo, and the Israelis know...