Word: merchant
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Former Navy Lieut. Commander Nixon pledged last July "to restore the United States to the rank of a first-class maritime power." The key to that promise was the Administration-sponsored Merchant Marine Act of 1970, which commits the Government to construction of 300 new commercial vessels, including the nation's first 250,000-ton supertankers-to be constructed by Bethlehem Steel and Seatrain Shipbuilding-and other classes of ships that previously were ineligible for subsidies. Builders are paid the difference between construction costs in the U.S. and abroad, which means that companies collect between a quarter...
...famed "screen scene" fails to det onate with the explosive comic impact it should have, but the cast scores more than enough direct hits of laughter. Pat ty LuPone brings a peppery pique and a sweet contrition to Lady Teazle. As Joseph Surface, the false merchant of noble sentiments, David Ogden Stiers has the smarmy aplomb of a drawing-room lago and marks himself an actor to watch...
...purchase trend stores, housed in expanded and remodeled quarters which purportedly justify rent hikes of well over 50 per cent in some instances. There have been more additions up Brattle Street, and one of the few redeeming features of the new-look Square. Brattlewalk, succumbed to pressure from edgy merchants last Spring. The area from the Mass. Ave. Gulf station to Inman Square has been razed, raked and remodeled, ousting the small merchant to accommodate the well...
...accord, which will be signed later this year, is a logical consequence of President Nixon's trip to Moscow last May. It includes an understanding that the U.S. and the Soviet Union will open their ports to each other's merchant ships, and it will give permission to the U.S. to establish business facilities in Moscow. But its most important section deals with two Siberian natural-gas projects, gigantic undertakings for which the total cost will eventually run to about $10 billion. They are not expected to start until 1978 at the earliest...
...move before they had planned, took place some 7000 miles away in the Carribean. Henrique Malta Galvao, a former colonial High Inspector and a staunch opponent of the then dictator Antonio de Oliveria Salazar, seized the Portuguese luxury liner Santa Maria," the second largest ship in the nation's merchant navy. Along with 68 men armed with machine guns. Galvao hijacked the ship after leaving Curacao with 600 passengers and 300 crew members aboard...