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...TRYING to tame a tiger by throwing him raw meat when he growls menacingly is a risky strategy. Yet the Nixon Administration is following just such a policy in foreign trade, attempting to appease protectionists by placing curbs on the imports about which they howl loudest. Last month the Administration bludgeoned Japan into setting "voluntary" quotas on shipments of textiles. Now it is trying to persuade Italy, Spain and Japan to similarly restrict sales of shoes to the U.S. These moves expand a record that includes such earlier items as the "temporary" 10% surcharge that Nixon slapped on many imports...

Author: /time Magazine | Title: Time Essay: PERIL: THE NEW PROTECTIONISM | 12/6/1971 | See Source »

...only previous appearance of a Communist Chinese delegation in the U.N. occurred in 1950, when Peking sent a nine-man team led by General Wu Hsiu-chuan to New York to "discuss" the Korean crisis. One U.N. veteran who heard the general's shrill tirades remembers Wu as "the loudest man we've ever had here." Peking's leaders have never exactly venerated the institution. Leery of its peace-keeping attempts, Chou has derisively called the U.N. "an international gendarmerie." In a recent interview in a Japanese newspaper, the Mao regime's leading intellectual, Kuo Mojo, called...

Author: /time Magazine | Title: The World: China: A Stinging Victory | 11/8/1971 | See Source »

...echo chambers so that the din occasionally reaches 90 decibels, enough to cause permanent damage to hearing in 10% of the people who might be exposed to it for eight hours a day. The slums, with their high population density and aging, ill-maintained automobiles, are often as noisy. Loudest of all is swinging Rush Street, where night after night the go-go clubs and rock bands blare out music measured at more than 115 decibels, the threshold of pain...

Author: /time Magazine | Title: Environment: SSSHHICAGO | 10/11/1971 | See Source »

...pushing for Agnew's removal. Says one Agnew adviser: "The ones I'm bitterest about are those birds who knew that what the Vice President was doing in 1970 was part of a battle plan. They knew he was under orders. When it flopped, they were the loudest in denouncing...

Author: /time Magazine | Title: THE VICE PRESIDENCY: Is Spiro Agnew Necessary? | 8/16/1971 | See Source »

...Government's JOBS program; small companies generally had neither the funds nor the interest to do so. Despite the bad example set by the oil and steel quotas, giant companies with worldwide interests have generally been dedicated supporters of free trade, while small manufacturers have often howled loudest for protection. Small retailers, who need large markups to survive, have provided the prime support for the misnamed "fair trade" price-fixing laws. The construction industry, which is fragmented into myriad poorly financed small companies, has been a prize example of both technological lethargy and violent inflation...

Author: /time Magazine | Title: Business: Antitrust: New Life in an Old Issue | 6/28/1971 | See Source »

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