Word: pasts
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Dates: during 1970-1979
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Most owners and trainers agree. Says John Veitch, trainer for the legendary Calumet Farms: "A number of horses over the past 30 years or so have had a chance to win the Triple Crown, but they've had bad luck and broken down before they had a shot...
Winning sires are also more productive now than in the past. Brownell Combs II of Spendthrift Farm, one of the largest commercial breeders in the world, says: "Stallions now 'cover' around 40 to 45 mares, whereas 30 years ago, they would only service 30 or so." Another possible reason for the recent rise of so many champions may be simply a siphoning off of quality competition. A total of $118 million worth of horses and syndication rights were auctioned by Kentucky's Keeneland Association last year, and $24,668,933 was spent by foreign buyers. Admits Keeneland President Ted Bassett...
...former fame, and to the charm that most Americans know about only through the reminiscences of their elders, that her name could, for one last time, command the front page. Mary Pickford had been absent since 1933 from the movie screen that she had once dominated. For the past 13 years of her life, she was a recluse at Pickfair, the Beverly Hills mansion she had lived in since 1920, when she married Douglas Fairbanks, one of her few peers in silent films...
...consumers, who have long kept the economy rolling by spending above their means, are pulling back on their purse strings. So the longest, most sustained economic advance in U.S. peacetime history is rapidly coming to an end. As the nation heads toward its second energy-fueled recession in the past five years, the Carter Administration seems adrift and out of ideas for fighting back. Said a high Administration official: "The goddam economy is coming apart at the seams. And look at our program...
More and more, the Administration seems to be bereft of solutions to inflation, which has been steaming along at a 14% annual rate over the past three months. In economic counseling to the President, Domestic Affairs Adviser Stuart Eizenstat, 36, has now all but eclipsed not only Kahn but also Treasury Secretary W. Michael Blumenthal, Chief White House Economist Charles Schultze > and Energy Secretary James Schlesinger. The policy seems to be to wait for a recession and hope that it will contain the price explosion...