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...perjury masking the motivations of the defendants had occurred during the McCord-Liddy trial; and 3) "others involved in the Watergate operation were not identified during the trial, when they could have been by those testifying." After he had read the letter and watched newsmen rush for telephones, the import struck Sirica again, almost like a physical blow. He felt pains in his chest, ordered a recess in the proceedings and retired to his chambers to rest...

Author: /time Magazine | Title: MAN OF THE YEAR: Judge John J. Sirica: Standing Firm for the Primacy of Law | 1/7/1974 | See Source »

...long ago, discussion of death was largely a select European import -Camus, say, in The Myth of Sisyphus. Suddenly, death is an exceedingly popular topic in America. It is even an academic specialty: the University of Minnesota boasts a Center for Thanatological Studies, while U.C.L.A. has a Laboratory for the Study of Life-Threatening Behavior. On the lecture circuit, "the subject of death is now outdrawing the perennials-sex and politics," writes Roman Catholic Theologian Daniel C. Maguire in the current issue of the Atlantic. Maguire's essay describes a new genre he calls "the thanatology book...

Author: /time Magazine | Title: Books: Waiting for the End | 1/7/1974 | See Source »

...link is proving to be a bonanza for U.S. firms; the Chinese import nearly 15 times as much from the U.S. as they export. Among the biggest ticket items to date are some 4,000,000 tons of grain, ten Boeing 707 jetliners valued at $150 million, and eight ammonia plants to be built by M.W. Kellogg Co. for $200 million. The Chinese are also anxious to do business with giant American oil companies such as Exxon, Mobil and Caltex, and makers of petroleum exploration and drilling equipment, including U.S. Steel International, Phillips Petroleum and Baker Oil Tools. Some analysts...

Author: /time Magazine | Title: EAST-WEST TRADE: Great Leap Forward | 12/31/1973 | See Source »

...might increase Soviet exports to the U.S. by $10 million to $25 million a year −a considerable addition to Soviet shipments to the U.S., which in 1972 were only $95.5 million. But restrictions on credit assistance could have a much more serious economic impact. This year the Export-Import Bank of the U.S. has financed $250 million in American shipments to the Soviet Union. Cutting off the flow of credit would crimp industrial exports to the Russians and upset plans for the joint exploitation of Siberian gas and other Soviet resources...

Author: /time Magazine | Title: THE CONGRESS: A Defeat for Detente | 12/24/1973 | See Source »

...Arab oil squeeze has hurt Japan far more than any other major industrial country. After the U.S., it is the largest petroleum consumer in the world. Unlike the U.S., however, Japan must import all of its oil. About 84% of it comes from the Middle East: 43% from Arab nations and the rest from Iran. Thus, Japan was an obvious target when Saudi Arabia and the sheikdoms decided to turn off the pipeline spigots. Being forced to change its traditionally neutral policy in the Middle East toward a pro-Arab stance was particularly humiliating for a nation in which saving...

Author: /time Magazine | Title: JAPAN: The Retreat Begins | 12/24/1973 | See Source »

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