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...effect on U.S. foreign policy and America's future role in the world. It is a role that will surely be affected by the staggering financial cost of the conflict. With that in mind, William Doerner of our Business section calculated the war's drain on the U.S. Treasury through the years and explained why the oft-mentioned "peace dividend" is not likely to materialize. Bob McCabe wrote a portrait of the leaders who have directed the North Vietnamese. Deborah Pierce, Alice George and Antoinette Melillo of our picture department compiled a photo gallery of war personalities...

Author: /time Magazine | Title: A Letter From The Publisher, Nov. 6, 1972 | 11/6/1972 | See Source »

...Stewart until "Morning Dew," in which Carmine Appice proved his voice was only ordinary. Again the guitar brought the song off. Beck's solo explored the variations on one lick, after exploring several angles of single notes to discover that lick. The vocals on "Plynth (Water Down the Drain)" were ordinary--the vocal harmonies much tastier than the vocal leads. Beck dropped a cello styled chord into the middle of a solo, and took the band into "Shotgun," his only in concert thank you to Motown. It was cursory, out of place and served primarily as an introduction...

Author: By Frederick Boyd, | Title: Fudge Meets Flash | 11/2/1972 | See Source »

Shortages outside the capital were more severe. At Moscow's nine railway stations, hordes of villagers could be seen lugging bundles of food homeward. This drain on the capital's supplies had led police to cut train service and confiscate food at the terminals. Last week a despondent traveler told TIME Correspondent John Shaw that he had been caught with 175 Ibs. of cabbage he was trying to take to his village. Police seized 150 Ibs. of his haul. "I'll be back next week," he said ruefully. Pravda reported long queues at bakeries in Gorky...

Author: /time Magazine | Title: SOVIET UNION: Short Supplies | 10/30/1972 | See Source »

...institution that I do not understand, I shudder to think of what I'd do to things that I do understand." In fact, Kissinger knows quite well that the reaction to his trips is not at all mysterious. Investors realize that peace in Viet Nam would end a drain of money and would free the economy from a powerful inflationary force; it would also set off a stock market boom. And one clue to how close or far peace may be lies in the peregrinations of Henry Kissinger...

Author: /time Magazine | Title: WALL STREET: The Kissinger Market | 10/16/1972 | See Source »

...market. In recent years there has been a steady deterioration in the quality of American films marked by the swift move to exploit new markets soon after they are discovered. After the success of Easy Rider, we were forced to endure countless poor imitations produced in an attempt to drain the maximum amount of dollars out of a new consumer group...

Author: By Henry W. Mcgee iii, | Title: Black Movies: A New Wave of Exploitation | 10/10/1972 | See Source »

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