Word: scraps
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...system failure caused the first prototype to crash last Dec. 30. Though company designers are convinced that the defect has been corrected, the plane has also been hampered by delays in development of its advanced-model Pratt & Whitney engine. An influential group of Congressmen has urged the Pentagon to scrap plans for any new fighters and concentrate instead on updating McDonnell-Douglas' widely acclaimed F-4 Phantom. At one point last week, reports TIME Pentagon Correspondent John Mulliken, the Navy's command was certain that Packard had decided to scuttle...
...WIDER BAND. The mildest proposal put forward by advocates of flexibility is to scrap the International Monetary Fund requirement that nations must prevent the price of their currencies from varying more than 1% above or below their official dollar values. Germany and The Netherlands are already letting the mark and guilder float-that is, find their own values based on supply and demand. Robert Roosa, former U.S. Treasury Under Secretary, proposes that IMF members let their currencies fluctuate perhaps 2½% above or below official value. Thus, small changes in the values of currencies could be made by the free...
AMERICAN bookstores are so flooded today with studies in radicalism of one kind or another that most of these exercises invariably find their way to the scrap heap. Not that they are all pat rhetoric, it's simply that no real market exists for them. The political mood of the country is so staid and complacent that there is little interest in critiques which forcefully challenge American society or even go so far as to suggest unorthodox remedies for the evil of the Indochina...
...film knows what to make of itself: Its last scrap of dialogue describes a napalmed rose bush burning-a vision too beautiful to be saddening and a devastating slap at an audience new exhilarated by Bergman's art. Bergman wanted to go still further and remove the audience from its passive acceptance of screen images. In last spring's The Passion of Anna, the audience is forced to appreciate and analyze the elements of dramatic characterization: each of the participating actors freely explains his own conceptions of his work at breaks in the narrative. The story itself is constructed...
...Washington in effect would decide. Finance Minister Fukuda dismissed that talk as a zatsuon (grating noise). A Tokyo banker added that the idea of cutting U.S. shipments of raw materials to Japan was "reminiscent of the eve of Pearl Harbor, when the Roosevelt Administration placed an embargo against shipping scrap iron and oil to Japan. Nobody on either side of the Pacific," he said, "would be idiot enough to wish for a replay of that, except on the screen." Officially the Japanese line remained as stated recently by Fukuda: "In no corner of my brain is there any thought...