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...Textron Inc., a multibillion-dollar conglomerate. During his confirmation hearings, Miller declared flatly: "My company did not bribe anybody." In January, however, a lengthy SEC report charged that Bell Helicopter, a Textron division, had paid off a number of officials abroad, as it did in Iran, in order to obtain military contracts. Responding to this new evidence, Miller has adamantly maintained that he was innocent of perjury because he knew nothing of the bribes...

Author: /time Magazine | Title: Nation: Miller's Other Woe | 3/24/1980 | See Source »

...ever to live within its means." His proposal to withhold income taxes from dividends and interest, as is now done with wages, is a fair step in the right direction. Otherwise, his measures tend to demand sacrifices in the common cause by those who are already struggling merely to obtain, at inflated prices, the necessities of life. Closing tax loopholes is the more humane route. Last year, profits for 1200 American industrial corporations, banks and utilities surveyed by Business Week, rose an average of 22 per cent over 1978. The loosest belts should be tightened first...

Author: By Mark R. Anspach, | Title: Bondage and Discipline | 3/19/1980 | See Source »

...R.O.C. in 1945. It is also unfortunate that Jablin plays along with those who pretend that there is some kind of ethnic or cultural difference between the Taiwan Chinese and the mainland Chinese. Perhaps he doesn't realize that this issue is contrived merely for some to obtain political influence through unprincipled means. --Robert de Lorimier

Author: NO WRITER ATTRIBUTED | Title: The Kaohsiung Riot | 3/19/1980 | See Source »

AMSTERDAM, Dec. 4, 1975 Demanding independence for the South Moluccan Archipelago, gunmen seize the Indonesian consulate, taking 30 hostages, including 16 children. Negotiations obtain release of some children. Terrorists surrender after 16-day siege, during which one prisoner dies, three are injured while escaping...

Author: /time Magazine | Title: World: Terror Targets | 3/17/1980 | See Source »

...benefit, equity or security. Also, he will never see any of the advantages of home ownership. The average price of a one-bedroom condominium in Cambridge is $28,000-$35,000. Joe will only need $6,000-$7,000 as a deposit. He may also be able to obtain a low interest purchase money mortgage from his landlord, or since Joe is a tenant in the building there is a good chance that he will receive a significant discount in the purchase price of his unit. The average monthly costs for owning a condominium similar to Joe's would amount...

Author: By William H. Walsh, | Title: CONDOMINIUM CONVERSION | 3/13/1980 | See Source »

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