Word: deeps
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Dates: during 1970-1979
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President Bok would not confirm the Globe report but said he knew Tutu as "someone of very deep convictions and great personal courage...
...death sentences on about 500 people, nearly half of them black men and all but one of them convicted of murder. Opponents of capital punishment fear that Spenkelink's death, ending an unofficial moratorium, may lead to a wave of executions. Most of them will be in the Deep South, which has traditionally led the nation in imposing that penalty...
...people -is a country about the size of Kansas and has time and again been caught up in the vortex of international politics. Its 1,060-mile coastline is on the direct sea route from Europe to Asia; the country's northern tip overlooks the preferred deep channel of the Strait of Hormuz, 40 miles wide at its narrowest, through which pass half of the world's oil tankers. Says a British major on contract duty with the Oman army: "One battery of artillery or missiles on the Omani side of the strait holds life or death power...
What are the chances? Not bad, says Ketelsen. Decontrol of U.S. gas prices has made deep drilling worthwhile; there is a lot of gas 15,000 to 25,000 ft. below Louisiana, Oklahoma and probably New Mexico. Just last week, Tenneco struck gas in the previously discouraging Baltimore Canyon, 80 miles off the New Jersey shore. Farther in the future, Ketelsen has hopes for geopres-surized gas-squeezing out large amounts of methane that is mixed in with sea water in mammoth caverns along the coasts of Louisiana and Texas. The $3-per-bbl. tax credit, now proposed...
Most of the TIME economists are satisfied with the Federal Reserve Board's middle-of-the-way monetary policy. One exception is David Grove, who argues that a much tighter money policy and a deep recession are needed to wring inflation out of the system. As the recession deepens, Okun would prefer that the Fed ease off and promote some expansion of money supply, which has been fairly tight over the last six months. Warns Okun: "Keeping to that policy in a recession is like wearing an overcoat in summer...