Word: priced
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Dates: during 1960-1969
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...admission could be taken up anew. "Don't take a vacation during the Christmas season," Rey warned newsmen. Before year's end, he expects marathon sessions to wind up the Common Market's interim period of tariff adjustments, to sort out the thorny agriculture support-price issue, and to grant increased supranational powers to the EEC's executive and parliament. Said Rey: "If the solutions are not ready at midnight on Dec. 31, we will stop the clock and 1970 will commence a few hours later." In his opinion, 1970 belongs to Britain...
...find the culprit who could be held responsible for the lost fish (estimated at up to 40 million), the emergency shutdown of the waterworks and any reparations that the Dutch might claim. In all, the legal penalty could total $1,000,000, but no one could put a price on the possible long-range damage. Even though the swift-flowing Rhine is largely self-cleansing, it may take years before the river restocks itself with fish. There was, however, one possible benefit from last week's case of poisoning. It might well shock the four major Rhine countries-West...
...billions and then lending out. The Federal Reserve has misread the economy twice in the past three years and has prematurely expanded credit. It is not likely to do so again until the signs are unmistakably clear that inflation has been reversed. The latest readings of the consumer price index and the leading indicators suggest that what the Federal Reserve and the Nixon Administration have done so far is right. Now the Administration can demonstrate political courage by continuing on course, and Congress can do the same by maintaining the surtax...
First, the Labor Department reported that the consumer price index rose at an annual rate of 3.8% in May. That was only half as much as April's advance; and it was the second month in a row that the rate of increase has declined. Next the Commerce Department disclosed that its index of twelve leading indicators of the economy dropped fractionally in May, a sign that overall demand and production may level off in the months ahead and eventually lead to price stability...
...curb it. By a vote of 79% to 6%, people who were polled thought that the most urgent step necessary is to cut federal spending-even though few individuals would be wiuirg to reduce any Government spending that reaches their own pocketbooks. Surprisingly, those polled favored wage-and-price controls by 50% to 26%; practically every economist has damned such controls as unworkable. By a big margin, the respondents also want to do away with the surtax and tight money, though economists on all sides believe that those measures are needed...