Word: nationalizes
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Dates: during 1970-1979
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...former Alabama Chief Justice Howell Heflin, 57, who remodeled the state court system, took 65% of the vote, swamping Congressman Walter Flowers, 45, whose courtly eloquence was a highlight of the Nixon impeachment proceedings in the House. While Flowers campaigned as an insider who knew his way around the nation's capital, Heflin berated him for being "part of the Washington crowd that has brought more inflation and higher taxes." Heflin, on the other hand, owed a debt to another Washingtonian. His campaign slogan was the same as Nixon's in 1972: "Now More Than Ever." In Alabama...
...without doubt a weighty scoop: confidential minutes from a year of Cabinet meetings, mysteriously leaked for publication to the small (circ. 25,000), feisty political weekly the Nation. And the magazine made the most it could of its news beat, trumpeting it on the first page of its first issue with a redesigned format. But the trouble was, as Editor Victor Navasky readily acknowledged, that the 205 pages of confidential documents were enough to "put readers to sleep...
...notices and congratulate each other on good ones. On Nov. 7, for example, the minutes note, "The President said that he is pleased that three Cabinet members appeared on Sunday television talk shows: Vice President Walter Mondale on Meet the Press, Treasury Secretary W. Michael Blumenthal on Face the Nation and Defense Secretary Harold Brown on Issues and Answers." The main business of the meetings is the description by Cabinet members of their current agendas in brief, almost telegraphic reports. For instance, after attending a conference in Wichita, Kans., Transportation Secretary Brock Adams expressed his concern about "serious rural transportation...
...troops into combat in Korea and Viet Nam with such gallantry that he was twice awarded the Silver Star, the nation's third highest combat medal. He moved easily from battlefield to classroom, from Pentagon desk to international command, gathering ribbons and rank along the way and, last year, becoming the youngest four-star general in the Army. Then, last spring, Sam Sims Walker became trapped in a bureaucratic Pentagon crossfire, and last week he resigned from the Army after more than 32 years of service-at the same time bringing into the open a battle between generals...
...Mercedes-Benz or the housewife in St. Paul for her Swiss chocolates. Prices of domestic goods go up because the competing imports are more expensive; the dollar's decline will add as much as 1.5% to the inflation rate this year. More important, a nation's currency is the symbol of its economic vitality and the instrument by which it exercises its world role. The fall of the once-mighty British pound from $4.03 to a low of $1.55 was both a contributor to and a measure of Britain's postwar decline. When Charles de Gaulle returned...