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...Syria continued to refuse to let engineers repair the Trans-Arabian pipeline, which was accidentally broken seven weeks ago by a bulldozer. By denying entry to repair crews, the revolutionary Syrian government gains status among Arab extremists, while conservative Saudi Arabia, where the line originates, loses up to $500,000 a day. The line's owner, Arabian-American Oil Co. (Aramco), is seeking to charter tankers to move the crude...

Author: /time Magazine | Title: Oil: A Little Throat Cutting | 6/29/1970 | See Source »

Gardner laudably appeals for "immediate and far-reaching moves" to save the environment, but he follows this with a call for "sustained economic growth." Since said growth is largely responsible for the plunder of natural resources, this is like trying to repair, maintain, and fuel a car while pressing the accelerator to the floor. Good ecology is incompatible with ancient economic dogmas that wealth is something measured in beer cans per consumer...

Author: /time Magazine | Title: Letters: Jun. 15, 1970 | 6/15/1970 | See Source »

...disaster struck, ordered $16 million set aside for relief and reconstruction. A dozen other countries rushed aid-including the U.S., which sent the helicopter carrier Guam, despite Washington's displeasure with Velasco for his seizure of a U.S.-owned oil company. It will take vast sums to repair the effects of a catastrophe that has left 800,000 homeless in a nation of 13 million. Said one official, who estimated the losses at $250 million: "It will probably take us ten to 15 years to repair the damage...

Author: /time Magazine | Title: World: Infernal Thunder Over Peru | 6/15/1970 | See Source »

...figures show a 14% rise. In New York City, Alexander's recently posted an 18% profit increase, aided by such promotions as "pre-inflation sales" that offered men's suits for $29. Used-car sales are also brisk, mainly for models costing less than $1,000. Auto-repair volume is up 10% from last year, partly because drivers are trying to nurse one more year from their old models...

Author: /time Magazine | Title: The Economy: Dividends from the Drop | 6/8/1970 | See Source »

Campus disorder is expensive. Stanford University, for one, has begun totting up the dollar costs of its violent spring. Out-of-pocket expenses have come to $240,000, including $100,000 for broken windows and other property damage. Overtime work by repair crews, campus police, administrators and others brings the six-week total to $580,000. At some campuses, even bigger figures come even faster: last week fire bombs at California's Fresno State College destroyed a computer center valued at close...

Author: /time Magazine | Title: Education: The Price of Violence | 6/1/1970 | See Source »

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