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...Nixon was giving up in any way, even as his troubles continued to grow. Depressed mainly by the energy shortage but influenced by the President's Watergate uncertainties, the stock market took its biggest plunge in more than a decade, dropping 24.24 points on a single day on the Dow Jones industrial average. Officials of the New York Stock Exchange quietly circulated a contingency plan on the floor to close the market instantly if Nixon should resign. Haifa world away, a similar small omen appeared in the pages of Pravda, which for the first time began readying Soviet readers...

Author: /time Magazine | Title: THE CRISIS: The Pressure Builds on the President | 11/19/1973 | See Source »

...their customers. The energy drought could lead to a decline in industrial production and rising unemployment, which could pitch the U.S. economy into a recession. Reacting to just those fears, the stock market suffered its worst one-day plunge since Black Monday, May 28, 1962; last Friday the Dow Jones industrials tumbled 24 points, closing...

Author: /time Magazine | Title: ENERGY: The Arabs' New Oil Squeeze: Dimouts, Slowdowns, Chills | 11/19/1973 | See Source »

...President's Gallup rating can fluctuate as much as the Dow Jones. He may push unpopular programs or oppose popular ones. Being a political as well as a national leader, he may dissemble within more or less accepted political limits. His Administration may be touched by corruption, provided that he does not condone it. He may make mistakes, many of them. He may fight the other branches of Government, for this is sometimes necessary to get things done. None of these matters?especially since they are always subject to partisan interpretation?are sufficient in themselves to justify the removal...

Author: /time Magazine | Title: To Our Readers: An Editorial: The President Should Resign | 11/12/1973 | See Source »

...Dow Jones news service reported that the Justice Department had tentatively agreed to allow Agnew to plea guilty to a minor charge in return for Agnew's resignation...

Author: By Charles E. Shepard, | Title: Agnew's Trouble: Investigation to Resignation | 10/11/1973 | See Source »

...Dow Jones News Service reported that the Justice Department had tentatively agreed to allow Agnew to plead guilty to a minor charge in return for Agnew's resignation...

Author: By Charles E. Shepard, | Title: A Catalog of Agnew's Trouble: Investigation to Resignation | 10/10/1973 | See Source »

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