Word: midyear
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Equally noxious are Chem 20's six hour exams, median consistently 50 out of 100. On the midyear test the marks ranged from 1 to 214, out of 200. The student with the 214, one of the entranced mystics, really had a 138. But his grade became more than itself when he freaked out on a chemical conformation and entered supra-infinite space...
...answers to these questions are yes, then all of the news stories should have been rewritten-if the American Bar Association's new free press-fair trial rules had been in effect at the time. Last week at its annual midyear meeting, the A.B.A.'s house of delegates voted overwhelmingly to adopt the standards proposed more than a year ago by a special ten-man committee (TIME, Oct. 7, 1966). Led by Justice Paul Reardon of the Massachusetts Supreme Judicial Court, the group had proposed some stiff rules; the delegates adopted every...
...Work. The inflation, however, should diminish somewhat by midyear and the overall increase in the consumer price index, as a result, will be about 3.4%. Steadier prices plus high employment-but with younger unskilled workers a drug on the market-could put the consumer in a spending mood, depending on tax increases. Consumer spending on goods and services will increase during the year, with the greatest increase-7.5% to an average $218 billion-again in the service area. Housing expenditures should reach about $27 billion by the fourth quarter, or roughly the same as last year, but could go higher...
Against that background, new perspective is given to the acrimonious stalemate between the Administration and Congress over President Johnson's midyear decision to raise his unfulfilled demand for a 6% surcharge to a demand for 10%. The President and his aides, basing their case on a debatable vision of future trouble, argued that only by raising taxes could the soaring federal deficit be shaved enough to avoid inflation. Arkansas Democrat Wilbur Mills, chairman of the House Ways and Means Committee, insisted that the kind of trouble he saw-cost-push inflation from rising wages and prices-might only...
...gently enough to allow housing to continue its gains. Many businessmen look for consumers to save less and spend more; Detroit, for example, expects at least 9,000,000 auto sales. There are, of course, some clouds over that rather rosy view. Stockpiling to minimize the impact of potential midyear strikes in steel, aluminum and nickel could produce violent inventory swings...