Word: leveler
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Dates: during 1970-1979
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...first time in four years, contracts for future delivery of wheat traded on the Chicago Board of Trade have exceeded $4 per bu.-a psychological mark that is as important to grain traders as the $300-an-ounce level is to dealers in gold. Though prices dipped somewhat last week, contracts for wheat and some grains to be delivered in July rose to yearly highs during June. At their peak, contracts for wheat were up to $4.86 per bu., vs. $3.23 for the same period last year. Corn, the major livestock feed, jumped to $3.17 per bu., up from...
Though the flurry in futures cheers farmers and grain dealers, it is also yet another portent of price trouble for the inflation-battered consumer. At the very least it has clouded earlier Department of Agriculture forecasts that food prices would level off this year. Indeed, the rise of nearly 1% in those prices in May that was reported last week was substantially greater than the Administration had expected, since food supplies were so high...
...director, Pontus Hulten, at a disadvantage in bargaining. The Russian side of the show is wholly chosen and catalogued by Soviet experts, whose essays (as one might expect) gloss over the brutal fate of the culture they discuss and, as art history, are not pitched at the level of scholarship a European audience feels entitled to. But it is the work that counts, and must be seen, in all its energy and episodic magnificence: a vast panorama, from the haunted fin-de-siècle symbolist canvases of Mikhail Vrubel to the last attempts, by painters like Alexander Deineka...
...Revolution that focused the energies of Soviet art. The outsiders now became insiders; their opposition to the old order and its tastes was crystallized on a political level that, as artists, they could enthusiastically serve. But they were not content to be dandies like Marinetti. They wanted to construct. Hence their special relationship to the young Communist state. Today no revolutionary government that had just seized control of a vast, economically foundering country would bother with artists or art schools. The U.S.S.R. did so after the Revolution, thanks to two circumstances that hold true in no modern capitalist state. Print...
...largely by a cerebral chief of covert operations, Richard Bissell Jr. It had been passed on to President Kennedy by an unenthusiastic-but not disapproving-President Eisenhower. In the naive belief that U.S. involvement could be concealed, Kennedy kept telling the CIA to "reduce the noise level" of the planned air strikes, and he kept scaling down the air cover. Not even highly skeptical military chiefs, secretly relieved to let the CIA run the project, had the nerve to inform Kennedy that the operation had grown too large to hide its origins, yet remained too limited to succeed. Looking back...