Word: grips
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TIME'S economists also believe that price controls have not yet begun to grip really hard, but that they will soon begin to do so-and there will be increasing complaints from business leaders as their companies scrape against the profit ceilings. At that time, probably several months from now, serious talk of relaxed controls can be expected. Price Commission Chairman C. Jackson Grayson hopes that the rate of inflation will be low enough to allow controls to be scrapped when the congressional authorization for them expires next April. He would prefer that Congress not even enact stand...
...pole he used that day, which was developed by Herbert Jenks, a fiber-glass expert from Carson City, Nev. Seagren's pole weighs only 6 Ibs. instead of the standard 61 Ibs. and has a thinner than usual cross section, which allows for a better grip. That enabled Seagren to hold the pole higher and sprint faster on his takeoff. With the combination of his new pole and tough competition, Seagren predicts, "I think we'll see 19 ft. this year...
...importance of the Moscow summit to the Soviet leadership is disguised by ideological rhetoric. In fact, one major reason why Brezhnev is eager for détente with the West is economic. For the first time, the Soviet Union is in the grip of a consumer revolution, a revolution that can no longer be ignored or satisfied by appeals for more sacrifices for Communism. Under Brezhnev, the Soviet citizen is aware of improving living standards. The average Russian family can buy a wider selection of clothing than ever before, and can eat plentifully, if plainly. Most Soviet workers now have...
...tunes in East Germany these days. Comrade Angela, of course, is America's Angela Davis, the black revolutionary who has suddenly become the reigning heroine of East Germany. Leftists have demonstrated on her behalf elsewhere in Europe, but no other nation seems to be so deeply in the grip of Angelamania...
...attend conventions. The nationwide economy drive also reflects a persistent hard-times psychology among some bosses who have been starved for profits for several years and now will do almost anything to bring earnings up. They want to see more solid evidence of the business comeback before relaxing their grip on the corporate budget. E.F. Andrews, a vice president of Pittsburgh's Allegheny Ludlum Industries, sums up the mood with considerable hyperbole: "When you have been lying in the gutter and finally reach the curb, you feel better, but not that much better...