Word: petersons
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Ullman's call for help for private enterprise might have seemed startling a few months ago, but at the conference it was the unchallenged wisdom echoed by speakers of many viewpoints. Former Commerce Secretary Peter Peterson, now head of Wall Street's Lehman Brothers Kuhn Loeb, coupled a persuasive appeal for steps to foster the development of new businesses with a wry observation that "an investment banker calling for a cut in capital gains taxes has all the credibility of Dracula asking for charitable contributions to the blood bank...
...Peterson need not have been so apologetic. Other proponents of a capital gains cut included such Democratic powers as Louisiana's Long, whose Senate committee has just begun hearings on what little remains of President Carter's tax reform proposals. Long not only urged a large capital gains reduction, but also sounded an imperative to "try to make this [tax] system less counterproductive" for business. Even Teddy Kennedy, the leader of the Senate's liberals, backed tax relief for companies. While he opposed any easing in the capital gains, he proposed an even deeper...
...grave robbers damage antiquities and also trample on important archaeological clues, such as ash, seeds and bone fragments, that can reveal much about ancient civilizations. U.S. Archaeologist Emil Peterson tells how he and his team of diggers from Quito's Central Bank museum would spend weeks at a site, painstakingly excavating only a few inches at a time in order to preserve all possible traces. Then one morning they would find that thieves had come by in the night and obliterated most of the evidence. Eventually, barbed wire had to be installed and guards posted...
...impression, gained from going through Jefferson's home many times... is not quite the same as Professor Peterson's. What impressed the visitors ... was the 'Yankee' ingenuity of various tricks and utensils about the place, rather than the place itself. Doors opening by 'magic' if you touch but one of them. Other doors swinging food in, as the mantle quietly slips wine bottles up ... He had a Connecticut Yankee's engineering mind inside a Southern gentleman's frock coat. This superficially clashes with the popular image of him as a vague idealist...
...addition to brandishing Peterson's transgressions, the Soviets have coolly demanded indemnification for damage done to their equipment by American security officers who had discovered KGB devices bugging the U.S. embassy in Moscow. Furious about the U.S. discovery of the eavesdropping equipment and subsequent news stories about it, the Soviets countered by declaring that the Americans had actually been using the apparatus to spy on the Russians...