Word: richest
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Dates: during 1970-1979
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Basically, that reply is the same as it has always been--the same as it was when Harvard claimed it couldn't afford to meet striking teaching fellows' demands, for instance. Harvard is the richest university in the world, an enormous corporation with intimate links to the world of other enormous corporations. It finished last year with a $2.1 million surplus. If it expects its claims--to be not just a corporation playing conventional financial games but a university, interested not in money but in truth--to be taken seriously, then it ought to act as though it takes...
...crisis originally appeared to many Japanese as an "economic Guadalcanal"-the point at which heady advance turned into steady retreat. Predictions abounded that the world's second richest economy, which depends on the Middle East for 84% of its oil, would fall into a 1974 recession or even depression. Nothing of the sort has happened. Despite an initial panic and rising inflation, oil imports dropped only slightly, and now that Japan is on the Arabs' list of "friends," the government unofficially predicts that 1974 imports will actually rise 4% or so over 1973. The doomsday atmosphere has changed...
...better than she should be, blonde, blue-eyed Elizabeth McCourt Doe had shed a feckless husband and arrived in Leadville - Colorado's Magic Mountain - almost at the moment in 1880 when the played-out gold fields turned out to be mere icing on the world's richest slice of silver. She became "the Silver Queen" heroine of ballad and bawdy tale, an opera and dozens of books...
...symbol of big oil, and its stations dot the country, one company stood to take more than its share of criticism. It is the company that once told drivers that it would put a tiger in their tanks: Exxon Corp., by far the world's biggest, richest oil giant...
Exxon is gearing up to close the gap as much as it can. The company is rich in reserves of what oilmen call "politically insensitive crude"-oil least subject to nationalization. It is among the largest developers of the two richest fields discovered in the past decade: in the North Sea and on Alaska's North Slope. Both should reach peak output around 1980. Exxon also owns most of a field off Santa Barbara, Calif., which holds reserves estimated as high as 1 billion bbl. but cannot be fully exploited until environmentalist objections are overcome. More oil surely lurks beneath...