Word: leapings
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Will President Nixon have the courage to veto the trade act that reaches his desk? His record in fighting for free trade is not impressive. On the other hand, he must realize that a great leap backward to the protectionism of the early 1930s would be disastrous. Two former chairmen of the Council of Economic Advisers, Walter Heller and Raymond Saulnier, last week warned that such regression would be highly inflationary. Competition from inexpensive imports is one of the few forces that have moderated U.S. prices...
...admit-in groups of 30-West German tourists. The total cost for three weeks, including air fare, food and accommodations, is only $140. There is a slight catch, though: to help Hoxha's fledgling "Action Through Concentrated Blows" program, which is much like China's "Great Leap Forward," tourists who sign up for this government-approved package deal must spend four hours a day laboring in Albania's picturesque farm fields. Germans are ordinarily compulsive tourists, but so far there have been no takers...
...Recession? Economist Rinfret wants to be taken seriously, and he often is. Part of his record, at least, merits respect. He correctly forecast a business downturn in 1961, a superboom following the 1964 tax cuts, and a great leap in defense spending after the 1966 escalation of the Viet Nam War. He has been right for the past two years in anticipating severe inflation, tight money and record-high interest rates. Many cash-shy corporations, he warned, could not stop borrowing, no matter how costly it became. On the other hand, he failed to foresee that industrial production would decline...
...afterworld in "Reveille" Alinsky makes an unfortunate leap of faith in his criticism of Black political determination. His critique of the "new" Black polities and the new student left drifts hazily beyond the magnetism of his own commitment to democracy and political action. However, the energy he brings to bear on his own endeavors, the thoroughness of his commitment to the values at the base of democratic theory might inspire us to work in our own communities, patiently and honestly, to identify real local leadership and help those leaders, or their groups, to build an organization of people...
Well, preliminaries over, we climbed the steps to the top of the Big Tank. I thought of the leaping dolphins in Florida, and was glad that there would be no commercial leap-feeding here. Perhaps the most beautiful thing I have ever seen, however, was a sleeping porpoise, stout and rapturous, casefully undulating to the surface every hundred or so seconds for a long inspiration, eyes closed, a wry smile across his shout. As he ??tely traced his profound way up to the to of the sea and down to first deep shadows, rising, lowering, weaving the sea whole...