Word: ink
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...which billed itself rather improbably as "a cultural, scientific and sociological publication." Yet even though Nakata had the printers take an air brush to some of the more explicit photographs, Japanese officialdom was outraged. First, customs authorities forced Nakata to have 37 "undesirable" spots in each copy daubed with ink before they would allow the magazine into the country. Then the Tokyo police confiscated the magazine and indicted Nakata on charges that it was "damaging to the sanctity of decent home life in Japan." He is now on trial...
Though he campaigned in 1968 as an advocate of responsible budgets, Nixon will face the electorate this year as the author of three sets of federal books positively dripping with red ink-about $80 billion worth, or more than during any other Administration since World War II. Angered and embarrassed by such large deficits, Nixon has decided to take the offensive in the escalating battle of the budget. He is stepping up attacks on the Democratic-controlled Congress for overspending, and last week he discussed the issue with both G.O.P. legislators and the Cabinet. Nixon is seriously considering taking...
...loan demand that accompanies a business surge will put upward pressure on mortgage, consumer credit and some other interest rates. In addition the Treasury will have to begin borrowing heavily by late summer to finance a growing federal deficit. It is now estimated that the Treasury's red ink for fiscal '73 could reach $35 billion, v. $23 billion last year...
...sometimes explode with the heat. (Better that they explode under your napkin than in your face, or worse still, your stomach). Once cooled they are a startling and tender delicacy. The bmiled mushrooms ($.90) and broiled ham and artichoke hearts ($1.35) are always delicious. They squid cooked in its ink ($1.00) is exotic, but the black ink has a chalky texture and makes for spooky teeth. Soups, hors d'oeuvres and omlettes are the Iruna's forte: one could make a meal of them alone...
From $50 billion to $70 billion are now sloshing around the world as a result of chronic U.S. balance of payments deficits. Since last August, when President Nixon froze U.S. gold reserves, foreigners have been barred from exchanging any of this paper for bullion. Washington's international red ink is still gushing; so far this year the U.S. deficit in trade alone is $2.7 billion -more than all of last year, when the nation posted its first trade deficit in the 20th century...