Word: peake
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Dates: during 1970-1979
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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...
...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...
...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...
...crude oil to be imported at higher prices. If that step is taken, Administration officials are convinced that the nation can get through the summer suffering nothing worse than localized gasoline shortages and some rise in prices. There is one major hitch: if refineries produce enough gasoline to meet peak demand this summer, they may have to curtail heating-oil output enough to threaten more chillouts next winter...
...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...