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...consumers and businessmen continued strong. Many industries could not keep pace with demand because plants making such basic materials as steel, cement and paper were strained to capacity. Shortages developed that pushed up prices even more. The problem was compounded by scarcities of such raw materials as wheat, lumber and cotton, for which the booming economies of Europe and Japan were also competing...

Author: /time Magazine | Title: OUTLOOK: After the Boom, a Siege of Uncertainty | 1/14/1974 | See Source »

...about $14 billion in 1974. The cost will eat heavily into Japan's foreign-currency reserves, already dwindling at the rate of nearly $1 billion a month, and reduce the country's ability to pay for imported food and such vital raw materials as coal and lumber. The prospect of increased supplies of Arab oil has caused the Tokyo government to postpone until Jan. 10 a decision on conservation measures aimed at reducing Japanese energy consumption by 20%. But anticipation of having to pay heavily for the oil is keeping those plans alive...

Author: /time Magazine | Title: SUPPLY: From Output Squeeze to Price Embargo | 1/7/1974 | See Source »

Caswell said most of the wood sold by T&B comes from farmers in New Hampshire who cut down tall trees from their lands. The farmers sell the timber to lumber companies and sell the top sections of the trees to firewood distributors...

Author: By Christopher B. Daly, | Title: Possible Fuel Shortage Spurs Sales of Firewood at Harvard | 12/4/1973 | See Source »

Armed with toolboxes and traveling in dented pickup trucks, they prospect in garbage dumps, abandoned houses, cut-over timberlands, deserted beaches. Their haul seems shabby: driftwood, salvaged lumber, squares of flooring, old banisters, fragments of stained glass. But to the foragers, these gleanings are golden. Months or even years later, their booty reappears in the recycled glory of selfstyled, handmade homes...

Author: /time Magazine | Title: Modern Living: Karma Yes, Toilets No | 11/5/1973 | See Source »

...Common Market-a step he accomplished last January-and give a hearty shove to industrial expansion with subsidies and tax incentives. Though he now claims that "the results are beginning to show," all that his opponents can see is inflation and the huge Common Market trucks that now lumber along sleepy English roads. So big are the Continental juggernauts that ancient English villages are literally being shaken to their foundations. Instead of decreasing, as everyone expected, popular opposition to the Common Market has grown into a clear majority...

Author: /time Magazine | Title: GREAT BRITAIN: The Struthonian Country | 10/29/1973 | See Source »

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