Word: otto
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...hobbyists deck themselves out in historically accurate garb and gear, right down to pewter buttons. Otto de Pierne, a chemical researcher from East Norwalk, Conn., spent $7,000 outfitting himself as a surgeon, even collecting the original bottles for 118 drugs carried by 18th century battlefield medics, as well as all the drugs-except opium-which he had to simulate. At Monmouth, he put on his 18th century glasses but apologized for wearing modern shoes. He also brought along his colonial desk, with quill pen and linen paper...
DIED. Jens Otto Krag, 63, twice Prime Minister of Denmark, whose personal crusade for European unity culminated in his country's vote to join the European Community in 1972; of a heart attack; in Jutland, Denmark. An economist and a Social Democrat, Krag became a Cabinet minister at 33, Prime Minister at 47. After Danes voted to join the Common Market, he shocked them by abruptly resigning. Said he: "The time I have used talking to newsmen I will now use for reading...
...Economist Otto Eckstein sees a different and more beneficial effect?"a rapid growth in the private sector and a decline in the public sector." He adds: "The results are good in terms of changing things around. The voters in California have slowed down the growth of government. This will force the public sector to become more efficient, which is hard...
...view of our domestic problems, no substantial increase in assistance seems feasible at present." Many Western statesmen contend that the LDCs lack the infrastructure (roads, ports, dams, railways), political organization and expertise to use much more aid than they are now getting. Says West German Economics Minister Count Otto Lambsdorff: "I do not believe that a kind of Marshall Plan for the Third World-which today would have to be shouldered jointly by the U.S., Europe and Japan-is a feasible solution...
...Otto Eckstein, chief of Data Resources Inc., the surest sign of strength is "the employment explosion." Surprisingly, employment is growing much faster than production; new jobs are opening up at a rate of 4 million a year. Productivity has declined sharply, so perhaps more people are needed to do the work. But Eckstein points to one big reason for the jump in jobs: "Businessmen see a lot of demand out there, and they hired many people because they know that business will be good this year...