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Nixon is ideologically committed to the freer markets of Phase III, but politically he is under intense fire. His economic chief, George Shultz, still defends a policy of casual controls and promises that price relief is just around the corner. He expects food prices to peak in early summer and ease downward for the rest of the year. But another Nixon adviser, Arthur Burns, chairman of the Federal Reserve Board, is urging tighter controls. Nixon may be tempted to impose a freeze before Congress forces...

Author: /time Magazine | Title: INFLATION: Rising Clamor for Tougher Price Controls | 4/16/1973 | See Source »

...disgust, for this and other reasons. There was also bitterness over management's appeal for police assistance when Newspaper Guild members picketed the paper during a strike last October. Since December alone, six reporters and editors have left. The reporting staff is down to 41 from a peak...

Author: /time Magazine | Title: The Press: Taming the Tigers | 4/16/1973 | See Source »

...autos, buses, police cars and fire trucks across the nation would be stranded for lack of fuel. Suddenly, some day seems ominously close. Many parts of the country are, in fact, short of gasoline and diesel fuel. The scarcities threaten to persist, at least in some localities, throughout the peak summer driving season...

Author: /time Magazine | Title: OIL: The Growing Gasoline Gap | 4/16/1973 | See Source »

...primary purpose of the Film Wall and through it the Council is coordination. The Film Council is not at peak operating strength this week; several societies have discontined their films for the remainder of the season. But even with say, 12 societies active on a given week--each interested in showing some of the same old standbys--centralized communication becomes important...

Author: By Charles M Kahn, | Title: Film Societies at Harvard or 'Deep Throat' as Education | 4/13/1973 | See Source »

Other members of the Eastern regional team don't seem to possess the equanimity of Steele and Carter in the agony of defeat, so they continue to invent new competitions. The first annual Avis memorial Mt. Hood-to-Mammoth Mt.-peak-to-shining-peak sprint was completed by rented cars piloted by "Rat Reid" and "Boomer Mumphord" in the phenomenal time of nine hours, ten minutes. The two covered the normally 14-hour jaunt, crossing over two 8000-foot passes with switchback sections, within five minutes of each other; and the winner, whoever he was, got two cases of beer...

Author: By Timothy Carlson, | Title: Carter, Steele Take Baths in USSA Ski Races | 4/11/1973 | See Source »

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