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Word: prewar (lookup in dictionary) (lookup stats)
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...main reason for their silence is that the Arabs now face a tough choice between increased output and higher prices; they cannot have both. U.S. Energy Chief William Simon estimates that during the embargo period world daily demand for oil fell 5 million bbl. below prewar forecasts, to 46.4 million...

Author: /time Magazine | Title: SUPPLY: Preparing for Arab Oil | 4/1/1974 | See Source »

...embargo would mean little: it would only enable the U.S. to bid against Europe and Japan for oil supplies that would still fall well short of world demand. But Washington experts expect that an easing of the embargo will be accompanied by a decision to boost output back to prewar levels-if not this week, then soon thereafter. Whenever it happens, says Federal Energy Chief William Simon, it would "make our job a hell of a lot easier. We will be able to supply industry with 100% of its needs and allow it to grow." Another immediate result: the Government...

Author: /time Magazine | Title: OIL: Results of a Lifted Embargo | 3/18/1974 | See Source »

Although smaller in land area than Cuba, East Germany now produces more than Hitler's mighty prewar Reich. Throughout the '60s, one of the chief tasks of Erich Honecker, now East Germany's No. 1 man (see box), was to boost production to ever greater heights...

Author: /time Magazine | Title: COMMUNISM: The Rise of the Other Germany | 10/1/1973 | See Source »

Then, in 1912, comes the most disputed canvas of the prewar epoch. "The first study was almost naturalistic," Duchamp remembered. "At least it showed some hunks of flesh. Right after that, though, I started in to make a painting on the same subject that was a long way from being naturalistic." It was a way from which no traveler returned. Nude Descending a Staircase was at once the scandal and centerpiece of exhibitions from Paris to New York. The work was no mere rendering of cubist theory. It was mechanistic, sensual and impudent. It held nothing sacred−not even...

Author: /time Magazine | Title: Art: Variations on an Enigma | 9/24/1973 | See Source »

...Lloyd and a wartime Viennese friend, Harry Fischer, began their partnership as booksellers and art dealers in London. Lloyd astutely realized that, with postwar taxation and the wartime ruin of landed estates, the great English collectors of the prewar years would now become sellers. He gained access to them and their collections through David Somerset, heir presumptive to the Duke of Beaufort. Over the past two decades, Somerset-who hobnobs with such figures as David Rockefeller and Aristotle Onassis-has been invaluable to Lloyd, steering collections and clients toward him and, best of all, introducing him to the Italian auto...

Author: /time Magazine | Title: Art: Artfinger: Turning Pictures into Gold | 6/25/1973 | See Source »

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