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...receiving end of the battery will be held down by Harvard captain Dan Williams. John Friar will back up Williams while Kevin Carr and Bob Murray also have a shot to see some action at the position. Catching casualties have been high so far this year as Williams has a hurt ankle, Friar a bad back, and Murray a bruised hand...

Author: By James W. Reinig, | Title: Baseball: Images of Summer | 3/24/1975 | See Source »

...urging quick action by Congress. "The immediate requirement is for a tax cut," says Greenspan. "Let's get on with the tax cut," echoes James Lynn, director of the Office of Management and Budget. Adds Arthur Okun, a leading Democratic economist: "Speed is more important than size." To Murray Weidenbaum, a top Republican economist, the key question is "Do we go from slumpflation to stagflation? It is to avoid the latter possibility that some of us are pushing a tax cut even though we think the economy will go up without one." Weidenbaum favors a $25 billion reduction...

Author: /time Magazine | Title: THE RECESSION: Spring Outlook: A Few Signs of Sunshine | 3/24/1975 | See Source »

...consumers will have the equivalent of an extra $70 billion to $80 billion to fuel the recovery during the rest of this year, if inflation goes down to 6% or less and holds there, as a few economists predict, and taxes are reduced by more than $20 billion. Says Murray Weidenbaum: "It now seems probable that the worst may be over. The odds are that 1975, the year that began on such a pessimistic downbeat, will end on an optimistic upbeat...

Author: /time Magazine | Title: THE RECESSION: Spring Outlook: A Few Signs of Sunshine | 3/24/1975 | See Source »

ACCORDING TO the the Guinness Book of World Records, the longest sentence in the world does not belong to Marcel Proust, but to Nicholas Murray Butler, former president of Columbia University. The sentence, 4284 words long, is in his annual president's report for 1942-43, President Bok's Annual President's Report for 1973-74 can make no such claims to a world record for verbosity or anything else, unless there's one for most yawns elicited from a single text. But Bok's report, a sort of State of the University address presented to the Board of Overseers...

Author: By Greg Lawless, | Title: An Elegant Abstraction | 3/18/1975 | See Source »

Economist Murray Weidenbaum, a Republican, urges Congress to cut taxes quickly in order to stimulate demand and employment. "The Ways and Means proposal for a $100 to $200 rebate is peanuts," he says. "It's not enough to enable anybody to put a down payment on a big-ticket item. There was nothing wrong with Ford's idea for rebates of up to $1,000." Weidenbaum also recommends that the Government speed the flow of federal contracts: "Order today what is supposed to be ordered next month." Like Bunting, he is afraid that if Congress waits too long...

Author: /time Magazine | Title: UNEMPLOYMENT: America's New Jobless: The Frustration of Idleness | 3/17/1975 | See Source »

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