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...that ITT was going on the corporate equivalent of a crash diet. In the coming months, it plans to sell more than a dozen subsidiaries with assets of $1.7 billion. That will be a 12% slash in the company's current assets of $14.1 billion. Officials disclosed only a partial list of the units for sale. They include Eason Oil, the Bobbs-Merrill publishing house and O.M. Scott & Sons, which makes Turf Builder lawn fertilizer. ITT also intends to sell a minority interest in its Sheraton hotel chain. The company will keep Hartford Insurance and most of its holdings...
...that search has got nowhere. In its first term, the Reagan Administration put forward proposals that asked the Soviets to reduce large numbers of their existing weapons in exchange for a partial scaling back of future American deployments. For its part, the Kremlin tried to use the negotiations to score propaganda points and exacerbate tensions in the Western alliance. Neither side's ploy worked. The arms-control process has stagnated for more than a year...
...idea that a woman and a black can run for the highest offices in the land. Jackson's race for the Democratic nomination, the first serious campaign by a black American, brought countless new voters into the political process, even if their hopes did end in at least partial disillusion. His address to the Democratic Convention last summer, an astonishing display of his rhetorical resources, was one of the memorable speeches of the late 20th century...
...smaller and more conventionally stylized portraits of soldiers crews horses and the array of other minute depictions are both lovely and appropriate. The large illustrations however betray much too much Where The Wild Things Are and threatened to distract from the text. They're fine if you are partial to Max's dreams, but they are not Hoffmann and the distractions is unwelcome. His contribution to the revival of the Hoffmann spirits of the Nutcracker cannot be underscored enough. Yet one who claims to hold the thoughts of children so dear should not constantly disrupt their vision of something...
...higher defense expenditures, which are probably not sustainable and at the mercy of congressional or partisan politics. One of the greatest boons to the Soviets over the years has been American inconsistency and the chance of playing Democrats off against Republicans. To avoid this and to achieve at least partial consensus would be worth a great deal...