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After five years of flip-flopping over whether or not he really favors British participation in the Common Market, Harold Wilson slid gingerly off the fence last week. In Parliament, the Prime Minister announced that "Her Majesty's government have decided to recommend to the British people that they should vote [in a June referendum] in favor of staying in the Community." Wilson's words were greeted with considerable cynicism. "Large numbers on this side always thought you would do it," sarcastically observed William Hamilton, a pro-Market Labor M.P. Added Liberal Party Chief Jeremy Thorpe with heavy...

Author: /time Magazine | Title: BRITAIN: For the Market, More or Less | 3/31/1975 | See Source »

Last week Pillsbury Co. cut wholesale prices on a broad range of biscuits and other products by 10%. In addition, farm-commodity prices have been dropping for months. Many experts, looking forward to a bumper crop this fall, expect the trend to continue. Since October, corn has slid from $4.03 to $2.84 per bu., wheat from $5.45 to $3.61 and sugar, which was trading at a horrific 64? per lb. in November, to 28? on commodity markets. Choice beef has been declining. But increasingly tight supplies will probably force it up by 10? or 12? per lb. at retail levels...

Author: /time Magazine | Title: Business: Food: Easier Prices | 3/24/1975 | See Source »

...about 1990. The government intends both to deplete the reserves slowly and to keep prices high. Like most members of OPEC, Venezuela is reducing output to bolster prices in the face of shrinking demand. From 3.3 million bbl. per day in 1973, the country's production slid to 2.9 million last year and is 2.5 million at present...

Author: /time Magazine | Title: VENEZUELA: Nationalizing Oil, Building Steel | 3/24/1975 | See Source »

...line of Kevin Carr, Paul Haley and Bolduc teamed up to five three past a beleaguered George Galbraith in 43 seconds (on four shots) to up the Crimson lead to 6-1 in the third. Haley slid one across the crease to Carr at 2:55, then Carr and Bolduc reciprocated by assisting Haley at 3:08. Bolduc picked up his fourth of the night 30 seconds later...

Author: By William E. Stedman jr., | Title: Harvard Icemen Dump Clarkson, 10-5 | 3/5/1975 | See Source »

...throwing its weight around and pressing in the Yale zone. At 16:48 Kevin Carr put one past Yale goalie Gerry Stenson to pull Harvard within one. Eddie Rossi set up the play by chasing the puck deep into the Bulldog corner and feeding a pass to Carr, who slid it home from 20 feet...

Author: By Andrew P. Quigley, | Title: Harvard Takes Watson Thriller From Yale, 3-2 | 2/24/1975 | See Source »

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