Word: rumorings
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...rough time to be in Baltimore. Ripening mounds of garbage, growing ever gamier in the hot summer sun, piled up next to the city's famed row houses. Temperatures in some jail cells rose as high as 110°, broiling the unsupervised inmates. Zoo officials started a rumor that they might have to slaughter small animals in order to feed larger ones. That persuaded union members to allow food to be brought in; but no manure was taken out, and it piled up at the rate of a ton a day. Along with the rank smells assaulting their noses...
...super-decree was actually a package of the most drastic anti-inflation measures any European government has attempted. Premier Mariano Rumor's government imposed them two weeks ago to control rampant inflation (currently 17% per year). The moves will soak up $4.8 billion and help redress Italy's massive balance-of-trade deficit, which has reached $1 billion per month...
...million automobile owners will now have to pay a one-time surtax ranging from $10 on a Honda to $50 on a family-size Fiat 124, to $400 on a Lamborghini and $575 on a Rolls-Royce. "We know well that we are asking heavy sacrifices of the Italians," Rumor told the public. Added Treasury Minister Emilio Colombo: "If there were not the courage for unpopular measures at this moment, we could expect consequences that would be even more serious...
...Rumor's remedies are too new for soundings yet on their efficacy. But tight money (even state industries are happy to pay 24% interest) inside Italy has already bolstered the lira by forcing Italians to repatriate some of the estimated $16 billion they have sent out of the country for safekeeping in the past decade. International bankers at this point believe that the government's emergency measures are tough enough for Italy to squeak through its current economic crisis...
There are still many dark corners in the Watergate maze, however. The Los Angeles Times pried out another grand jury secret when it finally confirmed that the jurors had voted to name Nixon as an unindicted coconspirator. That put to rest months of rumor. The transcripts of Nixon's conversations with his aides, as released by the White House, were ostensibly a full and accurate account intended to set the record straight on many disputed points. But when the House Judiciary Committee began comparing the written version with the actual tape recordings from which they were drawn, discrepancies arose...