Word: old
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Dates: during 1970-1979
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Whatever it was that Old No. 48 was taught to block back in 1934 as the offensive-defensive center of the University of Michigan Wolverines, it certainly wasn't metaphors. Back on campus again last week to lay the cornerstone of his presidential library, Gerald Ford emphasized how difficult it had been to raise $8.4 million for the building, with second down and $1.4 million still to go. "Two years ago, we were literally back on our own goal line," said Ford, "and we had a long row to hoe. Now we are on the doorstep of success...
...most convincing evidence that a downturn is coming is that spending by consumers, which has been the chief engine of the nation's 50-month-old recovery, is slowing substantially. The nation's output of goods and services grew by a paltry .8% in the first quarter. For April and May, industrial production actually declined, though only slightly, for the first time since January 1978. The standard forecast now is for a shallow slump lasting no more than two to three quarters...
...takeover could be highly beneficial for Chrysler, which is struggling under a $50.6 million short-term debt. The company urgently needs infusions of fresh capital to modernize old plants and increase its output of small gas-sipping models. But a Chrysler deal would make little sense for Volkswagen, which has just regained its old momentum after a long period of drift, during which Japanese automakers zipped past it in many major markets. Detroit executives point out that Volkswagen, which is the most firmly established foreign automaker in the U.S., does not need Chrysler's dealer network or antiquated plants...
...lives. The critical event for Walter Franz (Fritz Weaver) and his brother Victor (Mitchell Ryan) was the financial castration of their father in the Great Crash of '29. Victor abandoned his natural bent for science and joined the police force to provide a se cure home for the old man. Unwilling to share that responsibility, Walter cut out, earned his way through medical school and became a successful doctor. His bad nerves are the price of ill-buried remorse and of ordering his life by the jungle code...
...brothers are met to sell off an attic full of old family possessions. This brings in the character who saves the evening. Gregory Solomon (Joseph Buloff) is a marvelous comic invention, a wandering Jewish trader who has spent most of his 89 years in the universe of used furniture...