Word: fairness
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Dates: during 1970-1979
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...short, the French Communist Party's 42nd Fête de I'Humanité last week was outwardly the same as always. Part county fair, part political convention, the annual get-together is a celebration of gastronomy, games and proletarian sloganeering that for two days turns the working-class Paris suburb of La Courneuve into a Communist carnival. Yet for all the gourmandizing hoopla, this year's fete was hardly the joyful event of the past few Septembers, when the party was confidently anticipating a leftist victory in last March's parliamentary elections. In the wake...
...said most of the speakers, echoing a public demand that has become politically irresistible and economically sensible. To a great degree, the new consensus for cutting is the result of inflation. Several years of rising prices have made a tax system that may have once seemed moderate and fair both harsh and inequitable, because it produces illusory gains in incomes, profits and home values that are taxed as heavily as if they were real. But there is wide disagreement on how taxes should be cut. How much can taxes be reduced without deepening the budget deficit and thus making inflation...
...drawbacks. First, no one had ever gone broke underestimating America's hunger for good verse. Second, even if acceptable, bill-paying poetry was available, Harriet Monroe seemed singularly ill-equipped to find it. Her own best efforts in the field amounted to little but boosterism: "Hail to thee, fair Chicago! On thy brow/ America, thy mother, lays a crown...
...tell you today that what we will do will be fair," Carter told the steelworkers. "It will not penalize labor or any other group in our society," he added...
...moved, lifting the initial margin requirements for gambling issues from 50% to 75%-meaning that buyers would have to put up at least $750 for every $1,000 stock purchase. The Big Board said it was acting "to insure the protection of public investors and the maintenance of a fair and orderly market." One firm, A.G. Becker of Chicago, banned all credit on five particularly jittery stocks. These moves depressed the gaming issues, but not for long. Indeed, the gambling-stock rebound last week helped spark a broad market rally. The Dow Jones industrial average rose 28 points, closing...