Word: interest
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Dates: during 1970-1979
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Reporter-Researcher Georgia Harbison, who interviewed the owners and patrons of Manhattan's top auction houses, shares Demarest's taste for fine art. "Chinese lacquer chests interest me, and so do impressionist paintings. I wouldn't mind getting a Renoir for Christmas. It can be a very small...
...must be there for credibility. The White House is nearly convinced that we must apply some kind of "bloodless military pressure" to lodge that message in the minds of allies and enemies. But a central question remains: Would Carter ever send U.S. forces into real combat for the national interest...
PRICES. Inflation will abate, but not soon enough or substantially enough to cheer about. Recessions are usually slow to take the steam out of prices, and a tight money policy requires months to produce results. In fact, high interest rates will continue to add to inflation until they start to curb overall demand, and then prices are expected to taper off. Despite rising unemployment, wages and benefits stand to accelerate. They increased about 8% this year, or much less than the rate of inflation, and workers can make a strong case for more, just to catch...
...over a two-day period to see aerial photographs of their neighborhoods taken by Con Ed with heat-sensitive cameras. A black roof indicated little heat loss; light gray showed that insulation was needed. Suppliers of thermal glass and insulation materials report strong sales across the country, although high interest rates have kept down new construction. Low-interest or no-interest loans for weatherizing are sometimes available through utilities. Along with how-to-do pamphlets like In the Bank ... or Up the Chimney, the Federal Government offers two types of tax credit: up to $300 for energy-saving devices, such...
...machine operator at the plant, and William Hawkins, then a general foreman and now vice president for operations, persuaded C.C. ("Pete") Broadwater, Aeroquip's manager of hose operations, to quit his job and join the new company as chairman and president. Aided by the Ohio Public Interest Campaign, a group that works to encourage business development, and Youngstown Mayor J. Phillip Richley, the three men managed to raise a bit more than $2.5 million. A bank arranged $1.85 million in loans guaranteed by the Small Business Administration and the Economic Development Administration, and the city contributed...