Word: reformations
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Dates: during 1960-1969
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...necessary to impose wage and price controls if the surtax were not extended (see BUSINESS). He did this even though the President is firmly and publicly opposed to such a step. Nixon himself, however, is responsible for the Administration's early indecision on the surtax and tax reform. As a result, the tax is tied up in a Senate committee (the Treasury has been empowered to withhold the tax temporarily) and the financial markets may not know for weeks exactly how the Government will fight inflation...
...express their discontent, activists at several medical schools recently returned the little black bags full of medical equipment, each worth $40, that the drug firm of Eli Lilly & Co. had given them. Others have concentrated on curriculum reform and participation in decision making. The 300 medical students at the University of Chicago achieved official recognition of their Council of Elected Representatives, then went on to win more elective courses...
...ecumenism, it seemed a most reasonable proposition: that the Methodist Church of Great Britain, which began life as an 18th century reform movement within Anglicanism, should reunite with the Church of Eng land, which had injudiciously let the reformers go in the first place. Last week the Methodist Conference in Birmingham and the Anglican Convocations of Canterbury and York, meeting in Lon don, voted on the first stage of a two-step plan for union that the two churches had been working on for 13 years...
...finally pushed through a law that granted tenant farmers the right to buy plots they were tilling. Because of the peasants' lack of money and the inefficiency of the Vietnamese bureaucracy, Diem's program failed. At the 1966 Honolulu summit, the South Vietnamese promised to make land reform a major part of the pacification program. Saigon did not make any real progress until three months ago, when Thieu put Than, a University of Pittsburgh-trained economist, in charge of the Agriculture Ministry and gave top domestic priority to land reform...
Victims of Reform. Oldtime violence could not stop the wildcatters, but modern-day economics and politics are slowing them. The tax-reform drive in Congress threatens to reduce the 271% depletion allowance enjoyed by wildcatters, along with other drillers. Costs of drilling a well in Texas have risen 28% since 1959 and, as oil near the surface has become depleted, crews have had to go three times as deep for almost the same returns. Meanwhile, the wellhead price of oil has risen hardly at all. Partly because of climbing costs, the number of wildcat wells drilled has declined from...