Word: rationals
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...government-controlled shops, such staples as sugar and tea-no Cairene worker can exist without endless cups of the sweet, muddy substance each day-have not risen in price. Those who try to supplement their meager ration on the black market, however, have found that the unofficial price of sugar has jumped more than a third; the price of tea has risen by 94%. Beef and lamb are available only twice a week, even in restaurants. Yet no one suffers too much: alternatives include chicken, fish, pork, ham, sweetbreads, brains, tongue and squab. Most Cairenes tend to stay home these...
...test. Unless the boycott ends soon, some factories will have to close, either for lack of heat, a paucity of fuel to run machines or shortages of petroleum-based raw materials as disparate as chemicals, plastics and textiles. Says Associate U.S. Budget Director John Sawhill: "Sure, the Government can ration oil, but we could wind up rationing steel, aluminum and other things as well." Evaporating gasoline supplies could put a further painful dent in auto sales; car sales in October fell 11.4%. Less travel, the result of diminished auto traffic and cuts in airline schedules, will hurt hotels, restaurants...
...emerged as a potent political force. In the 1970 election, the péquistes (for the initials P.Q. in Parti Québécois) won 23.7% of the vote and seven seats in the assembly. In 1970 a separatist terror organization called the Front de Libération du Québec (F.L.Q.) kidnaped the British trade commissioner and murdered Pierre Laporte, the Liberal Party's Labor Minister. Ottawa's response was blunt: it imposed near martial law under the War Measures Act, and the Montreal streets were patrolled by helmeted troops...
...eventually shortages are a real threat. Giovanni Theodoli, president of Chevron Oil Italiana, fears a 20% drop in Italian crude-oil imports over the next six months, and worries that "we are not going to have enough energy to support our industry." The British government already has printed ration books and stacked them in post offices...
When the Arab nations agreed to cut oil production by 5%, Jackson proposed a bill that would ration oil in the U.S. "I believe the Administration should start printing the tickets and have the machinery on standby, so we don't get caught like we did in Pearl Harbor...