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...volume of imports grows, such a rate might well become increasingly difficult to sustain, especially for countries with primitive domestic economies. Armaments made up about one-tenth of imports last year. Shipments of war materiel cannot continue to increase -unless the selling nations are willing to take even graver risks that a conflagration will erupt in the Middle East...

Author: /time Magazine | Title: Business: Here Comes the New Optimism | 2/17/1975 | See Source »

Cooled Passions. Thus Ford rationalized that a Nixon pardon would contribute to "the greatest good of all the people of the United States," his overriding aim. Yet the Nixon pardon raised far graver questions about "the credibility of our free institutions" than would a proper and probably illuminating trial. One of the few consolations in the entire Watergate affair had been that those institutions had persevered against the most calculated cover-up efforts of the highest official in the land; now the judicial process was being aborted in Nixon's favor...

Author: /time Magazine | Title: THE ADMINISTRATION: The Fallout from Ford's Rush to Pardon | 9/23/1974 | See Source »

...that face the press. When Watergate is behind us, the American press will have a twofold task. It will have to carry out investigative reporting in areas far less obvious than the Watergate abuses. Even more important than investigation will be explanation. A shortcoming of the American press probably graver than any faults displayed during Watergate is the lack of expertise in many fields, a failure to develop the techniques necessary to inform the public on highly complicated subjects, to lay out the alternative choices and possible solutions in an increasingly baffling world. Cliché thinking and reporting...

Author: /time Magazine | Title: Time Essay: DON'T LOVE THE PRESS, BUT UNDERSTAND IT | 7/8/1974 | See Source »

...Congress has confirmed Rep. Gerald R. Ford (R-Mich.) as vice president by Thanksgiving, as Democrats and Republicans now predict, this year's White House guests may be interested in something of far graver import than football--the president's resignation...

Author: By H. JEFFREY Leonard, | Title: Nixon Faces Mounting Pressure to Resign | 11/5/1973 | See Source »

AGNEW HAS BECOME the latest in a long line of disgraced high officials who surrounded the president and his crime--tax evasion--hardly compares to the graver abuses of public trust committed by Nixon aides in the White House. He is only one of a group of men whose political fortunes were made by Richard Nixon and destroyed by their own unprincipled and unscrupulous behavior. But Richard Nixon's tendency to attract such men is no surprise; he has in the past come close to destroying himself through similar conduct...

Author: NO WRITER ATTRIBUTED | Title: The Agnew Resignation | 10/12/1973 | See Source »

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