Word: modeste
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Dates: during 1970-1979
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Their verdict on SALT II: a qualified O.K. Said Jones: "All of us judge that the agreement... is in the U.S. national interest and merits [the committee's] support." Choosing his words carefully, he characterized the pact as "a modest but useful step" toward arms control. Chief of Naval Operations Thomas Hayward was still more cautious. Said he: "I want you to understand that I and the other chiefs are not raging enthusiasts for many features of the treaty." Among other things, they are distressed that the pact: 1) does not classify the U.S.S.R.'s new Backfire supersonic...
Rents are soaring largely because apartments are growing scarce. In desirable areas of such cities as New York and Los Angeles, the vacancy rate is under 1%, and landlords are using the shortage to vet prospective tenants and refuse those with modest incomes. Finding an apartment requires tramping the streets and often bribing doormen. Reports Norman Kailo, president of the New Jersey Association of Realtors: "Young marrieds are beginning to double up, and there are a lot of illegal conversions of one-family units into two-family...
...bedroom East Side Manhattan apartment that cost $50,000 four years ago now goes for $225,000. A modest brownstone in Brooklyn costs $130,000. Fifty-year-old houses in Atlanta's Virginia-Highland neighborhood of wood-frame bungalows have doubled from $30,000 in 1976 to $60,000. A one-bedroom condo in Boston's scruffy South End costs up to $60,000. Says Ann Wallace, 31, who was looking to buy in the supposedly inexpensive area of south-central Los Angeles: "What we figured would sell for $40,000 is selling for $60,000. What...
Phillip Noyce, on the other hand, is ambitious: a boy with a future, a man with a vision. One of the new breed of Australian directors aiming for international fame, Noyce plucks modest Maguire from his fictional existence in fifties Australia, and saddles this potato-faced sap with the trials of the decade--a whole generation's troubles weighing down on his unathletic shoulders...
...reason for Peking's retreat to more modest goals became clear during the two-week session of the congress, when precise statistics on the Chinese economy were released for the first time since 1959. They showed that the country had a gross national product of $360 billion in 1978, compared with $2.107 trillion for the U.S. The average Chinese buys only $6 worth of goods per month, excluding food. Out of a population of an estimated 960 million, only about 95 million people receive regular wages. For the others, who are paid partly in rice and other grains, Chen...