Word: rising
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Dates: during 1980-1989
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...least four hundred years from now/ Your tale will still be told, I vow." The prophet is Queen Elizabeth I, and she is celebrating Sir Francis Drake, His Daring Deeds (Farrar, Straus & Giroux; $12.95). So is Roy Gerrard, who imaginatively charts the rise of Britain's supersailor from cabin boy to conqueror of the Spanish Armada. Although the author-illustrator employs rhymed couplets and a suite of exuberant watercolors, he is textbook-true to history, pageantry, royalty and, most important, the man who "took his leave, with sails unfurled,/ to circumnavigate the world...
...Chase Manhattan, bankers were responding to what they see as a relatively tight credit policy on the part of the Federal Reserve Board. Under Chairman Alan Greenspan, the Fed has allowed rates to rise because of its concern that the economy is expanding fast enough to kindle inflation...
...marked by a dramatic rise in the number of plastic artificial evergreens, Penn State students have apparently decided to side with tradition. Last Christmas, the school reported more than five incidents of tree theft from university grounds. The loss totalled about $6000, officials said...
...week at the Air Force's Plant 42 in Palmdale, Calif. The coming-out party was both a public relations move and a pre-emptive strike against defense-budget cutters in Congress. Conservative estimates place the price tag on a single B-2 at $500 million. That figure could rise to $850 million by 1995. The Air Force wants to build 132 of the bombers for about $70 billion...
George Bush promised during the campaign that he would fight to keep the defense budget 2% above the rise of inflation, but he is unlikely to get that much without a tax increase. Even with such an improbable hike, Bush's numbers would fall more than $140 billion short of what the military wants over the next five years. The President-elect has yet to spell out which military programs he will put on hold. Bush's likely pick for Defense Secretary, former Texas Senator John Tower, would only add to the controversy. An unabashed hawk with strong ties...