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...Sioux spiritual leader named Leonard Crow Dog struck up a chant in the Lakota language. As each warrior passed by, he blessed him and painted a slash or a circle of red powder under the left eye. Each warrior then stepped into a white tepee, making a holy sign over the bleached skull of a buffalo head...

Author: /time Magazine | Title: PROTEST: A Suspenseful Show of Red Power | 3/19/1973 | See Source »

...proved to be both internationally popular and politically easy. In contrast with the four months of testy negotiations that were required to swing the 1971 devaluation, only five days of whirlwind conferences were needed to bring about last week's large and surprising reduction-which made a total slash of 17.9% since December 1971. Foreign moneymen agreed with the U.S. view that cutting the dollar once more was the best way to end what had become a new and virulent world monetary crisis. When the deed had been accomplished, Treasury Secretary George Shultz proclaimed it almost with pride, saying...

Author: /time Magazine | Title: MONEY: The Winners and Losers from Devaluation | 2/26/1973 | See Source »

President Nixon's budget cutters plan to slash federal aid to education by about 10% (TIME, Jan. 15). This week, after three years of research and testimony, the Senate's Select Committee on Equal Educational Opportunity is demanding a different course of action. It says that federal spending on public elementary and secondary schools-now $3.5 billion a year-should be increased to $7.2 billion...

Author: /time Magazine | Title: Education: Big Spenders | 1/22/1973 | See Source »

...nation's $75 billion medical bill is the result of poor nutrition. The U.S. Department of Agriculture apparently agrees. In a recent report on nutrition it speculated that good eating habits could cut the incidence of heart and vascular diseases by 25%, reduce respiratory infections by 20% and slash arthritis, diabetes and infant mortality by half...

Author: /time Magazine | Title: The Perils of Eating, American Style | 12/18/1972 | See Source »

...been a genuine suspense episode because President Nixon has demanded that the columns for the current fiscal year add up to no more than $250 billion. That can be achieved only by lopping about $1 billion a month off outlays between now and June 30-a move that would slash the plans and power of top administrators...

Author: /time Magazine | Title: THE BUDGET: Nixon's Struggle to Cut | 12/4/1972 | See Source »

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