Word: importance
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Dates: during 1960-1969
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Before they depart, the astronauts will leave behind three items of symbolic import: a 3-ft. by 5-ft. U.S. flag stiffened with thin wire so that it will appear to be flying on the windless surface of the moon; a silicon disk bearing good-will messages for posterity from world leaders, including President Tito, Pope Paul and Queen Elizabeth; and a metal plaque bearing the names not only of the three astronauts, but also of President Richard M. Nixon, a fact that has stirred some criticism...
While justifying the term "paranoid" for collective social actions (such as war) Storr dropped a statistic of heavy import. Notably, that within the period 1920-1945, 59 million beings have been killed in violent acts performed by other more or less "normal" human beings...
...behind U.S. Steel and Bethlehem, the company lost $29 million, and there is no immediate prospect of getting out of the red. Melchett has been frustrated in efforts to cut costs, partly by the government's policy of protecting the nationalized coal mines. BSC is not allowed to import low-cost foreign coal, and purchases of foreign oil are taxed extravagantly; as a result, steel's fuel bills are excessively high. To pay them, and the costs of modernization, Melchett proposed steel price increases totaling $128 million a year...
Concealing the Problem. The complaints are understandable, but the wisdom of fighting Japanese protectionism with U.S. protectionism is open to argument. Commerce Secretary Maurice Stans has warned that continued rapid growth of Asian textile imports in the 1970s could wipe out the jobs of 600,000 U.S. textile workers, including many undereducated laborers in Southern towns. On the other hand, efficient U.S. textile companies have managed to prosper in spite of import competition. Burlington Industries, Cannon Mills and J. P. Stevens & Co. have steadily increased sales and profits...
Chances for a Deal. The Nixon Administration has committed itself so deeply to textile quotas, however, that the issue has become a test of its credibility. During his campaign, Nixon promised Southern voters that he would press for quotas, and now many businessmen believe that he owes them some import protection. The Administration has threatened to take unilateral action if it cannot persuade Japan and other trading partners to accept "voluntary" quotas. U.S. action could involve the revoking of textile-tariff concessions that have been granted in the past, or Congress could legislate quotas. Either way, a worldwide trade...