Word: nationalizes
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Dates: during 1970-1979
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Never before in this century had the nation been so much at the mercy of its weather. Man, animal and machine in many parts of the country were immobilized under a heavy blanket of snow and ice. A dire shortage of natural gas -long predicted and long ignored -forced the closing of hundreds of schools and businesses and drove tens of thousands of people out of their unheated homes...
...energy problem will take longer to solve. The nation is at present burning twice as much natural gas as it is finding. Reserves have dwindled from 293 trillion cu. ft. in 1967 to 228 trillion in 1975. The U.S. still has ample gas, but it now has to be drilled at greater depth at higher cost. There will be no incentive to develop these supplies, the industry argues, until price controls are lifted from gas that is piped interstate; the price is presently held at $1.44 per 1,000 cu. ft. Carter's gas bill takes a small step...
...minute talk, Carter candidly but gently served up some bad news for the nation on the "permanent" energy shortage, firmly prodded the American people to help him and defended his economic program as "the best-balanced possible." He promised not only to place a "ceiling on the number of people employed by the Federal Government" but also to reduce the number of federal regulations. Every new regulation, he said, would have to "carry its author's name"-a tough order since so many directives are bounced from one bureaucrat to another. There was a touch of the hokey...
...Roosevelt Jr.: "President Carter fits television like my father fitted radio." Though both delivered their talks within two weeks of assuming power (F.D.R. on the eighth night), the differences were great. "Let us unite in banishing fear," said Roosevelt, and he made huge news by announcing that the nation's banks, closed by his order, would begin reopening the next day. The reaction was electrifying-and overwhelmingly positive. Walter Lippmann declared: "The nation, which had lost confidence in everything and everybody, has regained confidence in the Government and in itself." Said William Randolph Hearst: "I guess at your next...
With Paul Warnke's confirmation as the nation's chief arms negotiator expected, only one of the new Administration's top national security posts remains open: director of the Central Intelligence Agency. Late last week there were indications that it too would soon be filled. While three or four names were still being considered. White House aides let it be known that "the serious front runner" for Superspook had become President Carter's Naval Academy classmate Admiral Stansfield Turner, 53, commander of NATO's forces in Southern Europe...