Word: lag
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Harvard managed only six places in individual events for a meager 19 points to lag far behind champion Cornell, which racked up 44 points. The host team was enthusiastically urged to higher heights and faster times by a crowd that made "Rollerball" sound like a wake. The band played, people screamed and air horns blared every time the Big Red pasted their opponents...
Suffering from the wear of the long weekend, added to a little bus lag, the intrepid Crimson travellers played sloppyball in the first half, allowing the obviously-inferior Wheaton squad to stay within range...
...taxes. Al Ullman, chairman of the House Ways and Means Committee, prefers a tax credit equal to 25% of the wages of new employees, up to $4,200 per worker. Presumably this would induce businesses to hire more people, but it would not encourage capital spending, which continues to lag. "We're all in favor of getting unemployment down," says Beryl Spnnkel, executive vice president of Harris Trust & Savings Bank in Chicago and a member of the TIME Board of Economists. "But the question is: Are we going to get it down in the long run by encouraging investment...
Start-up time is another problem. Though the Government requires that construction begin within 90 days of funding approval, the lag between presidential initiative and groundbreaking is much longer. Before the $2 billion in public works grants could be dished out, the Commerce Department's Economic Development Administration had to sift through 24,000 project applications to select 2,000 winners...
Most officials at the school blame the lag on a controversy last spring over the claims of Bernard D. Davis '36, Lehman Professor of Bacterial Physiology, that medical schools admit and graduate minority students with substandard qualifications...