Word: mazes
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...Under Secretary of State George Ball gave staunch support to linear agreements in place of the nation's present maze of reciprocal trade agreements. GATT-wide adoption of the linear approach would mark the boldest move yet toward free trade in the free world...
...meeting also hoisted storm warnings from the poorer nations that depend on exports of raw materials. Despite Common Market progress, most prosperous European nations still cling to the maze of tariffs, quotas, and domestic farm subsidies that proliferated in lean postwar years to discourage imports, now hurt their own consumers as well as African, Asian and Latin American producers. Ranging from a West German levy that boosts the price of coffee to 35? a cup in restaurants, to the Common Market's exorbitant duties on cocoa, such restrictions actually work against the West's financial and technical...
...together 78 sensitive business-cycle indicators and divides the bulk of them into three groups: "leaders,"' whose turns generally precede that of the economy as a whole; "laggers," which historically move behind the overall economy; and "coincident indicators." which move roughly in tandem with the general curve. The maze of wriggling charts is too complex for most laymen to cope with, but economists may well be able to use it to call economic shifts with greater accuracy and to alert businessmen to take effective contra-cyclical action. One theoretical case: if economists spotted several indicators pointing to overexpansion...
Behrendt's special skill lies in his capacity to unravel the most labyrinthine international maze, and to explain the most convoluted international personality, with a few deft lines. His Castro is a bellower whose gaping mouth reveals a hammer-and-sickle tongue. Egypt's Gamal Abdel Nasser is a perspiring sphinx; West Germany's tough old Chancellor Adenauer, an uncrackable walnut. As depicted by Behrendt, France's De Gaulle wears spectacles that reflect the Gaullist cosmos: a double image of Charles de Gaulle himself...
...just to run San Simeon-and a waning public appetite for vulgarity in journalism had turned the Hearst papers into anachronisms, with little experience in what the new reader wanted. In 1937 a team of horrified accountants, assigned to probe Hearst's 94-corporation maze, discovered that The Chief was $126 million in hock. Neither Hearst nor his papers ever recovered from their retrenchment...