Word: lasts
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Dates: during 1970-1979
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...crisp evening last week, Amy Carter stepped up to a podium on the Ellipse, just south of the White House, and pressed the button controlling the lights on a 30-ft. blue spruce and 50 smaller trees around it, one for each state. But for the first time since Calvin Coolidge began the tradition in 1923, the big tree did not burst into light. Only the white star on its top and the tiny blue bulbs on the smaller trees blinked on. "Amy has lit 50 trees-one for each American hostage," explained President Carter to the 7,500 surprised...
Meanwhile, the man who triggered the crisis by entering the U.S. last October for medical treatment-Shah Mohammed Reza Pahlavi-suddenly left the country last weekend for Panama. Early Saturday, the Shah with his family boarded an Air Force jet at Kelly Air Force Base in San Antonio, Texas, and flew to the Canal Zone, ending his 54-day stay in the U.S. Just where the Shah would live was uncertain. U.S. officials mentioned the lush resort island of Contadora off Panama's Pacific coast. But Luz Maria Quijano de Murray, Panamanian consul general in Philadelphia, said the Shah...
...officials had been scrambling to find a suitable host country for the Shah since Mexico announced last month that he would not be allowed to return there. When Panama expressed interest last week in accepting the deposed monarch, Jimmy Carter dispatched White House Chief of Staff Hamilton Jordan to Panama City to talk with Strongman Omar Torrijos Herrera. The two men had developed a good rapport during the Panama Canal treaty negotiations in 1977, and after a long afternoon session with Jordan, Torrijos agreed to extend a firm invitation...
Iran is beginning to find some ways around the economic measures taken against it by the U.S. The biggest difficulty has been surmounting the international banking tangle caused by Carter's order last month freezing more than $8 billion in Iranian assets held by U.S. banks. Because of it, no sizable bank anywhere in the world is willing to extend credit to Iran. Most banks are also unwilling to handle Iran's international transactions, with the important exception of the Swiss and Japanese. They have made it possible for Iran to keep making oil sales, which amount...
...overboard" in helping Iran circumvent the financial problems caused by the assets freeze. In addition, he said, some Japanese trading companies have rushed "with unseemly haste" to buy 21 million bbl. of Iranian oil that had been destined for the U.S. before Carter halted oil imports from Iran last month. The Japanese firms paid exorbitant sums for the oil, up to $45 per bbl., about twice the average OPEC price. Complained another Administration official: "They never quibbled about price, and when Iran said it would no longer take dollars in payment for its oil, the Japanese were all too willing...