Word: primed
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Dates: during 1970-1979
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...selection of TIME portraits, including some notable photographs that went on display last week recalled the era since World War II. From the '50s there were such memorable figures as Frank Sinatra (Aug. 29, 1955), gangling and youthful in his prime as the hottest entertainer in show business; an earnest Adlai Stevenson (July 16, 1956), struggling in vain a second time to reach the presidency; and Martin Luther King (Feb. 18, 1957), then, at 28, a minister just beginning to lead the fight for civil rights...
...monarchy," he has said, "is the human concern for people." Charles inherited this appreciation: the smashing success of the Queen's Silver Jubilee was in part a thank-you note for all the gracious concern she has lavished on her subjects for the past quartercentury. Over the years Prime Ministers have come to cherish their weekly meetings with her, knowing that her assessment of what Britons will tolerate, and what they will not, is particularly acute...
From time to time the Queen has used these rights incisively. In 1974, for example, she blocked Tory Prime Minister Edward Heath's attempt to form a minority coalition government after a Conservative defeat in the general elections; under the constitution, she told Heath bluntly, she was required to summon the leader of Commons' biggest party?Labor's Harold Wilson?to form a Cabinet...
...Ford Motor Company--at a profit--"computer simulations" of wartime situations were all the rage. The generals and admirals and Cabinet members would huddle together with groups of high-power academics--McGeorge Bundy, former dean of the Faculty here, always comes to mind as the prime example--and then they would all play high-voltage computer games to test out any theories they had managed to devise. But then one day, some technicians fed in the wrong numbers somewhere, and what came out of the computer was the ten years' agony called Vietnam--and so the computers and the outside...
...reduced below $61 billion, Miller has warned, the Federal Reserve will restrict the money supply and raise interest rates as an alternative way of fighting inflation. The Fed already has moved twice in the past two weeks to tighten up; last week, in response, Chase Manhattan Bank raised its prime rate on business loans a quarter point, to 8¼%. Democratic Economist Otto Eckstein says that a $25 billion tax cut would be "guaranteed to fail" if it leads to a tighter money policy. He favors both delaying the cut until Jan. 1 and shrinking it to $20 billion...