Word: risings
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Dates: during 1960-1969
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...sq.ft. lot, and Architect William Pereira devised a tapering pyramidal shape that will soar 840 ft. into the sky without violating the required standards for setbacks and floor space. Some critics do not object to the needle itself. But they fear it would set a precedent for high-rise construction in the valley that could, in time, draw a curtain of glass and steel across the face of Telegraph Hill, obliterating one of San Francisco's loveliest views and destroying the city's overall contour...
These are the symptoms of the Continent's new outbreak of inflation. Prices in every major European country except Britain, and in most of the smaller ones, are climbing more rapidly than in 1968; in most countries the rise also exceeds the 1958-68 annual average. In its most recent assessment of the economic outlook, the Common Market commission called for "urgent" steps to bring the "unmistakable boom" under control...
...Germany, Europe's strongest economic upsurge has now reached a point at which eight job openings await each temporarily unemployed worker, even though a record 1.4 million foreign workers now labor on production lines. Prices are rising at a 3%-a-year rate. That might seem small to Americans but it is worrisome in a country where memories of the calamitous inflation of the '20s are as bitter as memories of the Depression in the U.S. The rate is likely to rise toward the end of the year, particularly if the general wage increase due in the fall...
Labor Pressures. Prices in Italy are on the rise again after two years of stability. Lately, the annual rate of increase has climbed to 3%, and the potential for further escalation is great. Labor contract clauses that raise wages to reflect the cost of living are being invoked once more, and 3,000,000 workers in the steel, auto and engineering industries will be seeking further large boosts this fall...
...Rise of the Interests. When the New Deal was launched in 1933, a new age of liberalism seemed about to be born. After long years of struggle with private interests, liberals in favor of big government* were now in control. In their hands, government swelled enormously and impinged on individual lives as never before. But things were not as they seemed, says Lowi. Rather than effectively applying federal power, the liberals were paradoxically parceling it out to a variety of special interests-some old, some new and better organized. It was not the Federal Government but blocs of farmers...