Word: parings
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Parsimony & Patriotism. President Johnson's economists still hope for a second-quarter slowdown, and they have several factors working for them. Defense spending should climb by no more than $1.5 billion in the second quarter, and by $300 million each in the third and fourth. Businessmen may well pare their capital investment because of labor shortages and delays in deliveries, not to mention Johnson's appeals that equate parsimony with patriotism. As for consumers, the higher payroll withholding taxes beginning next week will cut their disposable income by $150 million a month.* And the speed...
...strengthen their currencies and economies, the U.S. and Britain are both going all out to pare their annual balance of payments deficits; the U.S. deficit has been narrowed to around $1.25 billion, Britain's to $1.26 billion. As one result, other nations are running short of money reserves...
Munk started out to make a trilogy but for some reason had to pare Eroica down to the less esthetic form of a double episode. The first, or scherzo, movement begins during the disastrous Warsaw uprising of 1944, when Polish patriots attacked their German oppressors, expecting aid from Russian forces that lay watchfully beyond the Vistula until the city was destroyed. In this film, the reluctant Reds are pretty much ignored. Munk's antihero (Edward Dziewonski) is a self-seeking womanizer who cynically boasts that he survived the occupation by "buying and selling." He shares his easy...
...half to write every three minutes of a good sermon," says the Rev. Bertram Apman, pastor of the small Holy Cross Lutheran Church in the Seattle suburb of Newport. Overworked at his job of counseling, fundraising, youth work and admin stration, he has little time left to pr pare his preaching, which is why "some of my sermons have been so crummy." Apman feels that most small-town ministers share his problem, and that the solution is to merge weak little churches into a few big ones, regardless of the cost in denominationalism...
...tremendous strain on Britain's badly stretched economy: Aden costs $168 million a year to maintain, Singapore and Malaysia $630 million. Whitehall planners, currently preparing next February's defense review under the most stringent of cost-accounting standards, are confronted with a knotty dilemma. Britain must pare its projected 1970 defense costs from $6.7 billion to $5.6 billion; at the same time, the "ghastly blank" in the thin red line of defenses that will exist between Europe and Hong Kong must be filled if Britain is to meet her responsibilities in foreign policy, and provide support...