Word: southern
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Dates: during 1970-1979
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...Midwest, the regions where most Mexican grass is consumed, reported they were overwhelmed with requests to test marijuana samples. In Los Angeles, Disc Jockey Jim Ladd urged members of his post-midnight audience to telephone President Carter with their complaints about paraquat; within an hour, almost a thousand Southern California calls flooded into the White House. More than 5,000 marijuana samples were mailed to PharmChem laboratories in Palo Alto, Calif., where 22 new employees have been hired to keep up with the testing demand; last week the lab reported traces of paraquat in 28% of the marijuana tested...
...Better to jaw-jaw than war-war." So argued British Foreign Secretary David Owen, quoting the Churchillian maxim at the conclusion of the latest Anglo-American mission to southern Africa. The future of Rhodesia was as uncertain as ever last week as U.S. Secretary of State Cyrus Vance completed his quick visit to Dar es Salaam, Pretoria and Salisbury and headed for Moscow. But Vance and his colleagues took comfort in the fact that the negotiating process was still alive. Moreover, the mission may have helped refine the Anglo-American strategy for trying to solve the Rhodesian mess...
...being built and sold at high prices to realize a quick return on investment. Says Howard Ruby, chairman of R. & B. Development Co. in Los Angeles: "Rents are still too low." Daniel Packard, an executive with Mayer Construction Co., which last year built 40% of the apartments in Southern California, predicts that his company may go out of the apartment business by 1980. Says he: "It's now costing us $28,000 to construct a single apartment...
History's lesson, as University of Southern California Economist Arthur Laffer has shown in the so-called Laffer Curve, is that when taxes go up, economic activity goes down. Empires from Rome to Britain reached their fullest flower when their taxes were low, Wriston remarks, and started to self-destruct as taxes rose. Americans feel uneasy about their economy, partly because federal, state and local governments tax away 29% of the gross national product. Warns Wriston: "We are getting very close to the point where high taxes will cause the economy to deteriorate...
...possible, of course, that Bok declined to discuss his views on the subject of American companies in southern Africa because he does not believe this particular group of students would have deemed them acceptable. He did not bother to repeat at the Corporation's open hearing a statement he made at two less formal meetings with undergraduates in the Houses--that he finds it "charming" that undergraduates think they can influence corporations. Certainly, that statement would not have elicited polite applause form the people who followed Bok across the Yard Monday. It would have been impolitic, at best, to throw...