Word: generality
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Dates: during 1970-1979
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...equal world," Baldrige believes, the general operating principles are efficiency, kindness and elementary good sense. "Whoever happens to be in the lead opens the door and holds it for the other," she writes. "Whoever first sees the taxi hails it. People emerge from an elevator in a logical procession, the front people off first, the people in the back off last. Each of us puts on his or her own coat; however, anyone who sees someone else struggling to get into a coat lends a helping hand ... A person picks up a check in the coffee shop or a restaurant...
What then do the Saudis buy? They are known to gobble up U.S. Treasury securities, and have bought the bonds of such corporate giants as AT&T, General Motors and U.S. Steel. SAMA also puts deposits into 23 blue-chip American banks and some top foreign banks, though it limits these deposits so that they never exceed the bank's capital (in Citibank's case, the formula works out to about $2.8 billion). Overall, the Saudis told Blumenthal's delegation last year, their investments have an average maturity of only seven years, and bankers figure they...
This year Americans will buy a record $22 billion worth of goods through catalogues, brochures and other kinds of mail-order offerings. Such purchases have become the fastest growing area of U.S. retailing, and they now account for fully 18% of all the general merchandise sold. Some experts believe that that percentage will grow much more. Maxwell Sroge, a Chicago-based mail-order consultant, goes so far as to assert that catalogue sales may prove to be the biggest revolution in shopping ever. Says he: "If you have insomnia, you can shop at four in the morning...
This year the curves turned downward, while costs, notably postal expenses, were climbing. Advertisers defected to healthier general-interest magazines or promising publications aimed at specialized audiences. At the same time readers slipped off to the unlettered self-absorption that has characterized the 1970s. Indeed, New Times may have been too good for them all along. As Hirsch saw it, "Back in the Watergate days things were working better for us. Now there aren't so many people interested in investigative reporting, the environment, social and political issues. Where did they go? Well, where did all the people...
...lurking in microwave ovens, drinking water and aerosol cans, and helped reopen the case of Peter Reilly, the young Connecticut man unjustly convicted of killing his mother. The magazine's last-page "Final Tribute" column was the last, often eloquent word on such endangered species as the country general store, George Wallace and, in the current issue, the Ford Pinto...