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Shortly thereafter, Nasser's socialist regime produced a new emergency budget that showed he was not kidding. It imposed higher taxes on the middle and upper classes, raised workers' compulsory monthly savings by 50%, reduced overtime pay, cut the sugar ration by a third, and curtailed practically all major industrial programs. Only military expenditures were increased, by $140 million to an estimated $1 billion, exclusive of some of the hidden barter arrangements with the Soviet bloc. Nasser also increased the price of beer (by 50 a bottle), cigarettes (50 a pack), long-distance bus and railroad fares...

Author: /time Magazine | Title: Egypt: Cruel & Difficult Struggle | 8/4/1967 | See Source »

Cautiously waiting until the weekend close of business, the Treasury announced that its dwindling stock of silver would no longer be available at the $1.29 bargain price. Instead, the Government will sell for whatever the market will bear-and ration such sales to just 2,000,000 oz. a week rather than the generous 4,000,000 or so it had been letting go recently...

Author: /time Magazine | Title: Commodities: Shining Silver | 7/28/1967 | See Source »

...years by falling movie attendance and rising costs, U.S. film makers have more recently revived themselves by selling movie rights to TV; last fall MGM leased 63 films to CBS for an average of $800,000 each. With potential riches even greater, prudent movie executives recognize the need to ration their film stockpiles instead of depleting them too fast. Because old movies have become such valuable-and easily disposable-assets, Hollywood's film companies are particularly wary of takeover bids by outsiders eager to turn a quick profit...

Author: /time Magazine | Title: Management: Fight in the Lion's Den | 3/3/1967 | See Source »

...failed. Two of the craft's six fuel-cell stacks went dead, and excess water produced by the others threatened to flood the entire power system. To make room for the excess fuel-cell water, which is impure, the astronauts were asked to consume more than their planned ration of drinking water and ran short on the last day of the flight...

Author: /time Magazine | Title: Space: And Now Apollo | 11/25/1966 | See Source »

Even with efficient rapid-transit systems, many cities in the future may find themselves forced to use fees to ration scarce downtown space for both trucks and private cars. New York, for example, is already considering raising tolls for incoming bridge and tunnel traffic during rush hours. With the new emphasis on national beautification-and the successful citizen protests against ugly bridge and freeway plans in San Francisco and elsewhere-highway engineers also need to learn that transportation systems, as Under Secretary Boyd puts it, "must give a predominant emphasis to esthetics." If the U.S. is to head...

Author: /time Magazine | Title: Essay: GETTING THERE IS HARDLY EVER HALF THE FUN | 11/4/1966 | See Source »

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