Word: otto
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Dates: during 1970-1979
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...DIED. Otto Kallir, 84, Austrian-born art dealer who introduced and promoted the famed American primitive painter known as Grandma Moses; in New York City. A Viennese art merchant who fled his country after the Nazi invasion, Kallir opened a gallery in New York in 1939 specializing in German and Austrian expressionism. He became best known, however, for presenting the works of Anna Mary Robertson Moses, the Hoosick Falls, N.Y., resident who did not start painting seriously until age 76. "I may be prejudiced," Kallir once said of his client, who died at age 101 in 1961, "but . . . history will...
Harvard professors planning to lead sessions at the conference include Otto Eckstein, Warburg Professor of Economics, and Edwin O. Reischauer, University Professor. Eckstein will discuss economic issues and budget priorities while Reischauer will give a session on "American Problems with Japan...
...decline of three basic industries?steel, textiles and shipbuilding?that provide 4.3 million European jobs. Many companies in these ailing sectors have grown too unwieldy and inefficient to compete in a changing world. To survive, they must shrink, evolve and innovate. Says West German Economics Minister Count Otto Lambsdorff: "There is no reason for losing our heads, but the seriousness of the situation is not to be underrated...
...Administration's optimism is supported by some outside experts. Karl Otto Pöhl, vice president of the Bundesbank, West Germany's central bank, believes a U.S. recession can be averted by skilled handling of monetary policy...
...tribulations are focusing further attention on the trade problem with Japan. A main cause of the dollar's weakness is the U.S. trade deficit, which may run to more than $30 billion this year; the deficit with Japan will account for almost half of that. Economist Otto Eckstein of Data Resources Inc. in Lexington, Mass., last week declared that what is really needed to restore the dollar's health is "quick and dramatic relief from Japanese imports." In trade, says Eckstein, the Japanese "have done nothing for us." The Japanese, for their part, argue vehemently that they have...