Word: slackenings
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Despite such pressures, however, "the decade of the environment" got off to a good start last year and the pace seems unlikely to slacken. Citizen groups have already identified 1971's targets, including strip-mining companies that destroy the landscape and cause water pollution. Washington, for its part, plans to set new noise regulations on industrial equipment and will press for new bans against dumping wastes in the oceans. What 1970 proved is that the environment issue cannot be dismissed as a fad. By changing national values, it may well spur a profound advance in U.S. maturity and harmony with...
...they occur; thus a 1970 recession would not necessarily make stock prices fall further. But it will be hard for stocks to rally briskly until credit is eased. Economists generally expect that interest rates will taper off slightly?perhaps by 1% or a bit more?as production and demand slacken in the year ahead, but that they will stay fairly close to their historic highs for as far ahead as anyone...
...federal budget. Last week Paul W. McCracken, chairman of the White House Council of Economic Advisers, admitted that a full year of tight money might be needed to slow price inflation. That would mean that the swift rise in the U.S. cost of living may not begin to slacken markedly until January. The date represents a considerable stretch in the Administration's former timetable for halting soaring prices. As recently as June, the White House was promising such signs of economic slowdown any time after midyear. In two talks during the week, however, McCracken counseled the nation...
When McLaren took over at Justice there was no lack of work on the books; the count of pending antitrust cases alone came to 107. The ambitious 51-year-old trustbuster has been setting a 12-hour-a-day pace in the office, and is not likely to slacken. He plans to increase his staff, which now includes 280 lawyers and 320 other workers, to take on a still larger caseload. He disclaims any interest in defending "established company managements from takeovers." Still, if he gets his way in court, future takeovers in the form of conglomerate mergers are going...
Chitty Chitty Bang Bang is a picture for the ages-the ages between five and twelve. After that, interest is bound to slacken into hostility or slumber. With valid reason. The movie, based on Ian Fleming's only children's book, is a story with enough saccharine to sweeten the Sargasso...