Word: panic
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Dates: during 1970-1979
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...Panic in Needle Park again. The junkies now share that defoliated triangle on Manhattan's Upper West Side with the dog walkers, but the city's notorious new scoop-the-poop law hit the books just as unions at the city's three major newspapers hit the bricks. So Needle Parkers, like animal owners elsewhere in the city, are suffering a dearth of newsprint with which to do their dirty work. Last week one Manhattan matron and keeper of 22 cats sent an urgent bulletin to her sister in Massachusetts: Load the station wagon with Boston Globes and come quick...
...place may not be known for months. The deal still has to be approved by Pan Am and National shareholders, the Civil Aeronautics Board and President Carter. CAB Chairman Alfred Kahn fears that his policy of less regulation and more competition among airlines may be spurring a lot of panic mergers that would lead to less rather than more competition. The CAB is known to have preferred that Pan Am build up its own domestic base instead of taking over another airline's system, but the board's position is puzzling because for more than a decade...
There are colleges in panic right now over the financial pressures. There are colleges that are facing the same difficulties with coolness, imagination, and initiative. And there is a cheerful gladiator here and there among them, galloping along as though things were going to turn out all right eventually...
...announcements gave a slight but encouraging boost to the embattled dollar. Said Lawrence Krause, an economist with the Brookings Institution: "The Administration is playing it very wisely so far. You don't want to panic the markets the other way and shoot up the value of the dollar. Dribbling these things out is just right to keep everyone except yourself guessing." The White House, in fact, plans to announce some new but limited measures to bolster the dollar every few days for the next two or three weeks. Before going off on their separate vacations, President Carter and other...
...that the nation's economy was in the doldrums, Husák was almost displaced as Communist Party chief by his main rival, Premier Lubomir Štrougal. Indeed, according to some reports, for three days Husák was actually forced to step down from office. In near panic, his supporters tried a last-gasp tactic: they telephoned a warning to Soviet Party Boss Leonid Brezhnev. He was appalled by the news and ordered Husák's reinstatement...