Word: peak
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...caused largely by oil-price hikes and sluggish exports?threatens the long-term solvency of a nation vitally dependent on foreign trade. To make up for a record $4.3 billion budget deficit last year, the government had to draw on reserves (now down to $4.5 billion from a peak of $6.7 billion in 1973) and borrow heavily abroad...
Last week 48 church members arrived at their newly bought Eden-and found, as often happens with Edens, that the place was a mess. The town had started as a stagecoach stop, reached a peak population of 300 in 1939 when logging companies were cutting near by, but slumped to 100 by the time a wealthy Los Angeles widow named Elizabeth Lapple bought the place in 1973. She wanted it as a commune for her hippie children and their hangers-on. As the former residents moved out, marijuana began to sprout in the yards and rock music echoed through...
...along the backstretch. He purposely raced him little, harnessing his show of speed to guard against the fatal misstep that stalks the big, fragile-legged thoroughbreds. Slew's schedule was matched with equally undemanding workouts. Horsemen were quick to point out that he was slightly "short"-not in peak form-for the Kentucky Derby. After that race, Cruguet dawdled briefly up the track before riding into the winner's circle, because Slew was winded. Said the jockey, "I didn't want him panting there like some cheap horse...
...rest. Another bounteous global grain crop is forecast for this year, which will further soften demand for U.S. wheat. The Soviet Union, for example, is likely to gather in a near record 215 million tons of grain this year, just 4% less than last year's peak...
Powell is a fatalist who knows that hard knocks are never very far away. "To expect the worst is not to be disappointed," he says. Considering himself close to his peak of popularity, he intends to "make the downhill slide as slow as possible." In a speech at the National Press Club last month, he tried to put out some brushfires before they flare up. "What happens at the White House," he said, "is not always as serious as we think it is. We need to relax a little bit, all of us, and get a sense of perspective about...