Word: glutting
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...right. The liberals-William Douglas, William Brennan and Thurgood Marshall-remain in general agreement. And, to be sure, they are still often in the minority. The Wall Street Journal, for instance, has detected a majority trend toward favoring business, partly because of a desire to cut the glut of cases challenging all manner of commercial activity...
...asleep in an obscure motel, imagining a priceless array of artifacts. In the morning, a flea market of Victoriana awaits him in a parking lot below. Each objet d'art has been produced by his richly informed subconscious. Naturally there are the classic ottomans and clawfoot sofas, the glut of silver tea sets and bridal breakfast services. But there are also treasures from the velvet underground: choice items of bondage, plush Sadean literature, punishment costumes featuring removable posterior panels. It is all only a dream, of course. But in a way, Moore reminds us, so were the Victorians...
...their own: oil prices will be held at their present disruptively high level until Sept. 30 and may then be adjusted to reflect world inflation and price increases on manufactured goods the oil producers buy. The world recession has reduced demand for oil enough to create a sizable glut, but OPEC members are cutting production rather than making any substantial reduction in prices. "We are masters of the oil price," declared Messaoud Aït-Chaalal, chief Algerian delegate to the Paris conference...
...these skirmishes were part of what Europeans call the Great Franco-Italian Wine War. The casus belli is a glut of gros rouge, the rough red wine that is the lifeblood of most Mediterraneans and a mainstay of France and Italy's agricultural economy. A bumper harvest last year helped to create a Common Market surplus of 2.6 billion gal. At the same time, French consumers have been cutting back at the rate of one bottle a head; consumption dropped from a total of 1.3 billion gal. in 1973 to a mere 1.2 billion in 1974. Complains one French...
Onassis was also willing to take risks. During the Depression he bought merchant ships at rock-bottom prices, even though there was a world glut of cargo capacity. In World War II, those aging vessels earned him huge profits by carrying supplies for the Allies. Later he pioneered the supertanker, building a fleet of at least 50 oil carriers...