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...borrow the money to buy the oil that they need from OPEC. IMF Managing Director H. Johannes Witteveen of The Netherlands proposed creating such an account which would probably be capitalized at from $5 to $10 billion in loans from OPEC. This has been nicknamed "Witteveen Mark II," to distinguish it from "Witteveen Mark I," a similar fund established earlier this year with $3.4 billion. That fund will be completely exhausted by year's end, having lent its money to 18 nations. The new account will be able to lend money to advanced nations that cannot meet their oil bills...

Author: /time Magazine | Title: OIL: Trying to Cope with the Looming Crisis | 10/14/1974 | See Source »

...assault upon the values of all those who sacrificed so much. To others, evasion of service in an unprincipled war was a courageous and lonely act of high patriotism, challenging the national conscience and making future such wars less probable. Put more moderately, the problem is how to distinguish between society's need to enforce its laws and the individual's right to follow his conscience...

Author: /time Magazine | Title: AMNESTY: Limited Program, Limited Response | 9/30/1974 | See Source »

...couldn't possibly speak for the people of South Vietnam, and merits suppression by any means necessary. Working from this assumption, Shipler spends all his energies on comparatively slight points like the number of non-communists--innocent people--falsely described as communists--guilty people. His ability to distinguish what matters most ends up at about the level of Linda Charlton, whose coverage of Rockefeller's confirmation hearings in The Times lumps together questions about the Attica killings and Rockefeller's remarriage...

Author: By Seth M. Kupferberg, | Title: A More Radical Dishonesty | 9/30/1974 | See Source »

...such a lack of self-consciousness, such a lack of self-awareness, that his desires rule without any ethical restraints. Duddy is so wrapped up in his effort to win the respect of others that he loses any sense of respect for himself, and he is accordingly unable to distinguish right from wrong...

Author: By Michael Massing, | Title: A Mensch on the Make | 9/26/1974 | See Source »

...tools have proved more valuable to research scientists than the scanning electron microscope. Magnifying their targets 50,000 times or more, these instruments have explored so deeply into the heart of matter that they can distinguish features only 100 atoms in diameter. Yet for all their sharp-eyed versatility, the microscopes have a serious drawback: they have such a large depth of field that in their two-dimensional pictures it is often difficult to distinguish cracks from ridges or pits from lumps...

Author: /time Magazine | Title: Science: Magnifying in 3-D | 9/23/1974 | See Source »

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