Word: nationalizes
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Dates: during 1970-1979
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...world where experience will be created equal tempts us in new ways and offers new dilemmas. These are the New World dilemmas of our next century. Will we be able to continue to enrich our lives with the ancient and durable treasures, to enjoy our in heritance from our nation's founders, while the winds of obsolescence blow about us and while we enjoy the delights of ever wider sharing? Will we be able to share the exploring spirit, reach for the unknown, enjoy the multiplication of our wants, live in a world whose rhetoric is advertising, whose standard...
...They are accorded no separate listing on any of the official indexes of the nation's economic health. Yet no other single category of commercial activity more acutely reflects the state of the nation's economy than auto sales. Last week, as the year-end figures were added up, the results provided strong proof that the U.S. is in fact coming out of the prolonged business "pause" of late summer and fall. After flattening out disappointingly in October and November, in December new-car sales jumped 16% above those of a year earlier. That surge made...
...public's approval of the lighter and crisply styled autos has delighted GM executives. Cadillac, which brought out its Mercedes-size Seville, experienced its best year ever in 1976. For the first time, Oldsmobile's intermediate-size Cutlass shoved aside Chevrolet and Ford to become the nation's bestselling single make (514,593 cars). Pontiac, which also concentrated on intermediate lines, scored an impressive 49.5% increase in sales...
...rising strongly, and most lenders will now make 48-month loans to car buyers, v. 36 months formerly; that lowers monthly payments. GM and Ford are also scheduling record spending on new plant and equipment this year. Thus the auto industry seems likely to continue to reflect the nation's economic recovery-and to give that revival a powerful push...
...siege of New York was not just another neighborhood rumble on the tight little island that is the nation's publishing capital. New York Magazine Co., with revenues of $26 million last year, not only publishes the much-imitated New York (circ. 375,000) and the nation's leading counterculture weekly newspaper, the Village Voice (circ. 162,000), but has already started its own invasion of the West Coast with the successful launching last April of New West (circ. 290,000). The company's takeover by Rupert Murdoch marks an important new addition to the largely sex-and-scandal press...