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...origin of last week's IRS action was a congressional measure earlier this year designed to make it easier for the S and Ls to get deposits that could be used for mortgages. During the first seven months of 1981, S and Ls and savings banks lost upwards of $25 billion in funds. Some lending institutions have now virtually stopped making mortgage loans because they no longer have money available. Much of the missing investment is going into money-market funds, which gained $75.7 billion in the past eight months...
...point, for the two countrymen have done a remarkable job of avoiding head-to-head confrontations while assaulting the record books by themselves. The origin of their mutual dislike is obscure, but its effect on the sport is not. New records for the mile were a rarity in the years after Roger Bannister broke the 4 min. barrier in 1954. American Jim Ryun's 1967 record of 3 min. 51.1 sec., for example, endured for eight years. This year Coe and Ovett have batted the record back and forth like a Ping-Pong ball. In a mere ten days...
C17H21NO4. A derivative of Erythroxylon coca. Otherwise known as cocaine, coke, C, snow, blow, toot, leaf, flake, freeze, happy dust, nose candy, Peruvian, lady, white girl. A vegetable alkaloid derived from leaves of the coca plant. Origin: eastern slopes of the Andes mountains. Availability: Anywhere, U.S.A. Cost: $2,200 per oz., five times the price of gold...
...origin of the power shift in Washington, Massachusetts and around the nation lies in the perception that government had stopped working as it is supposed to, that it had become a force for stagnation. The solution, the new-comers promised, was to truncate the government and return many of its powers to the private sector, where a benevolent invisible hand would massage the nation back to spiritual and economic health. We, too, believe those symptoms exist but place our faith in entirely different remedies from those President Reagan has proposed. For all that the President and his supporters speak...
...years now, and archivists still speak with awe of Cardinal Josephus Garampi, who managed, before his death in 1772, to inscribe more than 1.5 million catalogue entries, in strictly alphabetical order, in 124 large folio volumes. But since the millions of documents were all arranged by their places of origin rather than by subject matter, the problems of cross-indexing stretch toward infinity. And the staff numbers only 30. "If this were Germany," sighs one archivist, "we would have at least...