Word: grecian
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Dates: during 1970-1979
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Waiting for Arthur. This impasse confers a greater than usual power on seven secretive men who sit in a mock Grecian temple on Constitution Avenue. As governors of the Federal Reserve Board, they have always functioned as a supreme court of money. Today, the Federal Reserve's power to control the flow of new money into business and influence interest rates for lending makes it about the only arm of Government left with much room to maneuver in trying to steer the economy. As businessmen watch their profits drop, investors see stock prices sink, and housewives note other prices...
Boghosian's own roots were far removed from Grecian lore. The son of an Armenian cobbler, he grew up in New Britain, Conn. After a stint in the Navy, he attended college under the G.I. Bill, finishing up with a year under the "hard but kind" tutelage of Bauhaus Master Josef Albers at Yale. Now 43, he teaches sculpture himself at Dartmouth. He first became interested in Orpheus during college days, and printed a small portfolio of woodcuts, accompanied by his own poetry. Years later, while he was picking up driftwood on a Provincetown beach, the story of Orpheus...