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Were it not for the war, economic development in Vietnam could proceed in terms of the leisurely modernization of a country producing plenty of food for its population and earning foreign exchange through the exports of its rubber plantations...

Author: NO WRITER ATTRIBUTED | Title: Smithies: Economics of Vietnamization | 10/13/1971 | See Source »

...countrymen seem to disagree. In telling contrast to the cheering crowd in the Plaza de Oriente, slightly more than half the eligible voters turned out for last week's election to the Cortes, or parliament. Only a fifth of the seats in the largely rubber-stamp assembly are filled by direct ballot, and half the 230 candidates already held government posts or were dependent upon the regime for their jobs...

Author: /time Magazine | Title: SPAIN: Beyond Franco | 10/11/1971 | See Source »

...important newcomer has cropped up in the form of polychlorinated biphenyls (PCBs), colorless, odorless, syrupy chemicals that are manufactured in the U.S. under the trade name Aroclor by the Monsanto Co. Until recently, PCBs were used in industry in many ways, for instance as softeners in plastics, paints and rubber, as additives in printing inks and papers. Although they are now used primarily as agents in heat exchangers, there is growing evidence that alarming quantities of PCBs have found their way into living organisms and that they pose a potent new threat to the environment...

Author: /time Magazine | Title: Environment: The Menace of PCB | 10/11/1971 | See Source »

...fixed rate for converting yen into marks, and inviting other countries to tie their currency values to this rate. Britain's Nicholas Kaldor suggests a new international money convertible not into dollars or gold but into a series of commodities, including wheat, butter, sugar and rubber. Even the Italian Communist Party, taking an unexpectedly sympathetic interest in capitalist economics, is calling for a vaguely defined new kind of world money...

Author: /time Magazine | Title: The Economy: Changing the World's Money | 10/4/1971 | See Source »

Look Alikes. The quality of many private-label items is equal to or only slightly below that of the high-priced "name" brands. Leading corporations-Heinz, Armstrong Rubber, Westinghouse and many others-are allocating more and more of their output to products that are sold under cut-rate private labels. Often manufacturers use the same materials in these brands as in products sold under their own labels...

Author: /time Magazine | Title: PRODUCTS: The Public's Crush On Private Labels | 10/4/1971 | See Source »

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