Word: generality
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Dates: during 1970-1979
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Just as in the panicky period that followed the Arab oil embargo in 1973, the major auto firms were caught off guard by the sudden buyer switch to smaller cars. Of General Motors' new X car line, President Elliot Estes notes: "We guessed in favor of the six-cylinder engines. But right now sales are running 60 to 40 in favor of the fours." GM is getting no help from its big cars either. Sales of the standard Chevrolet are off 20% since January; Buick Le Sabres are limping almost 29% behind 1978's pace, and purchases...
...largest savings will have to come from a combination of more tax incentives for buying home insulation, wood-burning furnaces and other oil-conserving devices, and much stiffer mandatory conservation rules. A number of innovative companies, including Du Pont, A T & T and General Motors, have reduced their energy use relative to their output by 17% to 30% since the Arab oil embargo of 1973; yet many more firms have gone on giddily wasting energy. Consider the beneficial effects of a 20% surtax on the commercial use of electricity: skyscrapers that are lit up all night long and advertising signs...
...Vladivostok agreement signed by President Ford in 1974, permitted the Soviets to keep the heavy missiles in exchange for dropping their longstanding demand that the U.S. nuclear force in Europe, as well as the British and French nuclear arsenals, be counted under SALT. Said Lieut. General George Seignious, director of the U.S. Arms Control and Disarmament Agency, last week: "I believe that we did very well in that tradeoff. I know our allies would agree." The arrangement was endorsed by Baker when he voted in 1972 for the SALT I treaty and supported the Vladivostok accord...
...LIKE conducting a battle campaign--you find the grunts, the students in the front lines....then you talk with the sergeants (grad students), then the junior officers (academic advisors). Finally, when I had my basic research in hand, I would go to the general, the president, and ask for an overview...
...glamour of piloting attracts many of the students, who receive flight instruction (at a minimum of $32 per hour) in the school's fleet of 63 general aircraft. But many, 300 this year, also earn their A & P after completing the five-trimester program in airframes and power plants...