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...around" more quickly by ground crews. After extensive practice at reloading and refueling F-4 Phantoms, crews now have the jets ready for takeoff on another mission within 30 minutes, compared with 60 minutes two years ago. More reinforcements sooner. Once hostilities seem imminent or begin, NATO depends on rapid reinforcement from the U.S. In a true blitz, however, resupplies might arrive too late to be of much help. To prevent this, large quantities of equipment earmarked for units that would arrive from the U.S. are being stored in West Germany. In the first days of a crisis, therefore, transport...

Author: /time Magazine | Title: Nation: I Can Move Damned Fast | 12/11/1978 | See Source »

...Mozart so universally appealing are also responsible for his difficulty to perform. Happily, though, David Sogg is an extraordinarily gifted musician. His tone is clear and pure, his technique marvelous. Few regard the bassoon as an exceptionally agile instrument, but Sogg demonstrated that it can be precisely that. The rapid passagework and the herioc leaps between the uppermost and lowermost registers were rendered with astounding lucidity. More importantly, his fine sense for the subtle lyricism of Mozart was obvious, especially in the second movement, and throughout the piece he allowed the music to express itself with such subtlety that...

Author: By Forest L. Reinhardt, | Title: Victimized by Imbalance | 12/6/1978 | See Source »

...smartly dressed diners, and shops from Stockholm to Seville do a brisk pre-Christmas business in luxury items. But there is a dark underside to this bright picture. Unlike the U.S., the industrial nations of Europe never really recovered from the 1974-75 recession, in part because they avoided rapid-growth policies for fear of aggravating inflation. A consequence, as well as a continuing cause, of the sluggishness is the decline of three basic industries?steel, textiles and shipbuilding?that provide 4.3 million European jobs. Many companies in these ailing sectors have grown too unwieldy and inefficient to compete...

Author: /time Magazine | Title: Business: Europe's Slumping Industries | 12/4/1978 | See Source »

...partnership buys into any property-movies, coal mines, lemon groves -on which fairly rapid depreciation is allowed. That enables the members to write off in four years or less most of the value of the property, even though it might continue to generate income for decades. When the depreciation benefits are fully realized and the investors have recaptured much of their original investment through write-offs, they can sell the property. The profits from the sale are taxed, but usually at favorable capital gains rates, which under the new law have been reduced even further, from an effective maximum...

Author: /time Magazine | Title: Business: What Is Left in Tax Shelters | 12/4/1978 | See Source »

Cautiously, and with the help of his son, Kaplan slowly began to expand in 1969. Just two years ago, he had but 15 centers; today the number is 80 and rising. Indeed, many of his brochures can't keep pace with his rapid growth...

Author: By Jonathan J. Ledecky, | Title: Horatio Alger, With Chutzpah | 12/4/1978 | See Source »

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