Word: motoring
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...jurors than the defendants. The jurors were busy Christmas shopping last week-accompanied by U.S. deputy marshals, who went along to make certain that a store clerk did not offer a stray remark about the trial. The jurors have been staying in Washington's unpretentious Midtown Motor Inn since their swearing-in Oct. 11, leading peculiarly insulated lives as temporary wards of the Government...
...Golden Seals and another erudite athlete, is a doctoral candidate in history at Queen's University in Kingston, Ontario. Then there is Mike Marshall, the Dodger relief pitcher and winner of the Cy Young Award. He retreats to Michigan State every winter to work on his Ph.D. in motor development in children (TIME, Aug. 12). Denver Bronco Quarterback Charley Johnson has a 1971 doctorate in chemical engineering from Washington University in St. Louis. Johnson, who specialized in the expansion characteristics of plastics, works in the offseason as an engineer and salesman for a firm that builds natural gas compressing...
...That analysis was widely disputed. Voicing the fears of many of the nation's businessmen, Ford Motor Chairman Henry Ford II called for a "decisive change in Government policy" to avoid "potential disaster"; he asked for a 10% across-the-board cut in federal income taxes. A do-something-quick mood also was evident among the members of TIME's Board of Economists as they gathered to trace the likely course of the economy for the year ahead. Tax Expert Joseph Pechman described the situation as "desperate," and Arthur Okun, former chairman of the Council of Economic Advisers...
With auto sales in their worst slump since 1958, it hardly seemed appropriate for anyone - let alone an auto executive - to favor proposals that would make driving more expensive. Yet that is what Ford Motor Co. Chairman Henry Ford II is doing. He wants a 100-per-gal. hike in federal gasoline taxes, with the resulting $11 billion raised annually going to assist the poor and unemployed...
...proposals, notably the 5% income surtax, if the economic situation warrants it. But the feeling so far is by no means unanimous, even among auto executives, who mostly declined to join Townsend's attack on the Ford program. Speaking at an automotive engineers' convention last week, Ford Motor President Lee Iacocca said that inflation "is so far and away the No. 1 problem that I don't even have a list of 2 to 10 any more...