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Formosa was tolerated for several months by the authorities and even allowed to hold about a dozen indoor rallies in various cities across the island. But the magazine was banned in a sweeping crackdown against the opposition last December. The crunch came when Formosa 's leaders organized a rally in the city of Kaohsiung. The rally turned into the bloodiest riot in two decades; 183 policemen were reported injured...

Author: /time Magazine | Title: TAIWAN: Fair Trial | 3/31/1980 | See Source »

...program would be felt by banks and other savings institutions. The President's decision to use the Federal Reserve to slow the growth of credit would pinch every sector of the economy from department-store dishware to heavy-industry assembly lines. Some bankers even feared that a credit crunch, when almost no loan money would be available, could hit by summer. That would doubtlessly slow the economy, which is still lurching forward unsteadily at a 2% annual rate, and thereby begin to curb the rise in prices...

Author: /time Magazine | Title: Business: Turmoil on the Money Front | 3/31/1980 | See Source »

When familiar kiddie cereals, such as Cap'n Crunch, Franken-Berry and Count Chocula, are joined on supermarket shelves by Most, Smart Start and Corn Bran, it signals a shift in American breakfast habits. And in the fickle but fruitful cereal industry ($2.3 billion in sales this year) breakfast-food makers are scrambling to keep pace...

Author: /time Magazine | Title: Business: Food in the A.M. | 3/31/1980 | See Source »

...smile; she is Sara Stimson, a cute, brown-haired, solemn-funny child. She is seven years old, and she does just fine. She and Matthau play a nice scene in his room, when she says she is hungry and he gives her some dry corn flakes in a bowl. Crunch, crunch, crunch...

Author: /time Magazine | Title: Cinema: Mark IV | 3/24/1980 | See Source »

...hoped to use the land for junior faculty housing, say they are perplexed by the city's decision to keep the land open at a time when homes are nearly impossible to find. But building faculty housing won't do much, if anything, to ease the city's housing crunch. It will draw Harvard affilliates in from the suburbs, and do nothing for the students and longtime residents of the city who need homes...

Author: NO WRITER ATTRIBUTED | Title: Sacramento St. Conciliation | 3/18/1980 | See Source »

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