Word: sales
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Dates: during 1970-1979
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...course, not even in the middle of the Mississippi can a President entirely escape controversy. After he disclosed that he had approved the sale of 1.5 million bbl. of U.S. heating oil to Iran, he got into a shouting match at Quincy, Ill., with critics of the move. Carter said testily: "You want me to tell them not to ship us any more [crude] oil?" As for charges that the President was drifting far from the demands of his job, Press Secretary Jody Powell hotly retorted, "What he has been doing here is the single most important thing he could...
...heating oil to Iran on an emergency basis drew some caustic criticism in the U.S., not only because of the coals-to-Newcastle nature of the transaction but because the U.S. itself is expected to be short of heating oil this winter. But the Administration, in defending the sale, pointed out that Iran needed the oil quickly because of sabotage on pipelines near the big Iranian refinery at Abadan. The White House also argued that the sale could have important advantages for the U.S. in paving a new relationship with post-Shah Iran...
...moviegoing is a luxury for which many of Shanghai's unemployed youths have neither the time nor the money. They scramble for a precarious living by scalping movie tickets, acting as brokers for unused ration coupons, or earning commissions on the black-market sale of scarce local products. The more ambitious among them seek out Western consumer items to hawk illegally; popular items include movie-sound track albums, English-language books or clothing patterns laboriously traced from tattered copies of women's magazines. Says one youth who illegally returned to Shanghai from a commune in Yunnan: "The basic...
...outfitted with slippers, beach bag, towel and hat, all free from the makers of Glad bags, a T shirt from Campbell Soup, a Raggedy Andy toy from Crest and a wagon from Viva paper towels. Only his bathing suit was paid for, and it, of course, was on sale...
...dismal results of Labor rule and is now rapidly unwinding much of the high-tax, nationalized welfare state. Income tax rates have been reduced from a top of 83%, to 60%; a third of Britain's nationalized North Sea oil industry has been put up for private sale; and the government now has plans to sell off its shares of other state industries, including British Airways...