Word: importance
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Dates: during 1970-1979
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...particular import of all this for Crooks is the way it affects the Summer School, which, being like Crooks on the edge of things here, is less than sacred to financially pinched administrators. So Crooks is worried--worried that in pulling back to essentials Harvard will leave the Summer School behind, that it will "exploit" summer students for high fees, that the nature of the Summer School will change substantially. "The central concern of the Faculty," says Crooks, who has just learned that Summer School enrollment had dropped nearly one quarter from last year, "is to pull into itself. That...
...More important, capitalism's superior productivity is not solely a matter of electric toothbrushes and throwaway soft-drink bottles: the system also does better at filling basic human needs like food. Farmers in the capitalist U.S., Canada and Australia grow enough not only to feed their own peoples but also to export huge surpluses. In contrast, the Soviet Union?although 30% of its workers labor on its vast farmlands?has to import food. So does India, which permits private farming but insists out of socialist principle that the produce be sold at unrealistically low prices...
...entire raw materials issue at a series of international meetings this year, including a special U.N. session in September. British Prime Minister Harold Wilson advocates agreements to stabilize the prices of no fewer than eleven commodities, presumably figuring that such pacts would add less to Britain's import bills over the long run than further uncontrolled price swings...
...focus spreads to certain foreign sources of capital that have never been approached before. For instance, Peterson's office is charged with completing the drive for $15 million for a Japan Institute. In the academic year 1973-1974, the Japanese companies of Nissan, Toyota and Mitsubishi (a Japanese export-import firm) gave $2.5 million while the Japanese government provided $1 million. Lately, however, funds for the institute have begun to dry up and Peterson's office has had to increase its efforts...
Some lawmakers are already prodding the Democratic leadership into trying to block Ford's plan shortly after Congress returns this week from its ten-day Memorial Day recess. In March, Ford vetoed a bill suspending his authority to raise import fees. So, blocking the tariff boost now would require a two-thirds majority in both House and Senate; a coalition of Republicans and oil-state Democrats could well sustain the veto. The decontrol proposal is far more vulnerable; it could be shelved by a simple majority of either house within five days after being received...