Word: journalism
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Dates: during 1970-1979
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Communio's first issue last April-crisply written and including articles by progressives-suggests that it will be the conservative journal most worth reading. But Hitchcock warns that the magazine will not be looking for novelty. "Vatican II was not a charter for endless change," he says. Some questions are "closed." Among them: whether homosexual acts can be morally permissible (no); whether divorced Catholics can be permitted to remarry (no); whether the Christology of the ancient church councils of Nicaea and Chalcedon can be modified...
...that he handled the money illegally, but when asked how much oil he has found, he replies cryptically: "That's relative." In any case, his Tulsa-based Home-Stake Production Co. (no relation to Homestake Mining Co. of San Francisco) is now bankrupt. According to the Wall Street Journal, which first reported the story last week, Home-Stake pulled off one of the biggest swindles of its kind in history; some $100 million that it took in has not yet been accounted...
...Rich. People who took the trouble to look at Home-Stake's oil operations sometimes found them impressive, but if they had looked more closely they might have changed their minds. The Wall Street Journal reports Home-Stake employees persuaded a California farmer to let them paint his irrigation pipes orange so they would appear to be part of an oil-pumping network...
...investments are as computed by the Wall Street Journal and do not necessarily represent potential losses. In some cases, investors put up less than the full amount in cash, and some got part of their money back...
...Although the grave has not actually closed over him, he must be classed among the dead." Few English artists can have received a more crushing valediction than this, written in an art journal in 1843, on a 26-year-old painter named Richard Dadd. He probably never read it, for he had just been bundled off to Bethlem Hospital (whose lugubrious halls of madmen had given the word "bedlam" its English use) in a strait-waistcoat...