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...week's end the more extreme import-curbing proposals were losing steam. This was due less to Reagan's speech than to simple qualms about starting a trade war and perhaps disquieting second thoughts about the protectionist case and the grass-roots support for it. In the House Ways and Means Committee, Missouri Democrat Richard Gephardt, a cosponsor of the textile bill, introduced an amendment that would have gutted it. For one thing, the amendment would have suspended curbs on imports if Reagan could persuade countries shipping textiles to the U.S. to begin new talks aimed at working out some...

Author: /time Magazine | Title: The Battle Over Barriers | 10/7/1985 | See Source »

...challenges Schumpeter's argument that change is the essence of modern economic life. Horsepower gave way to steam power, and vacuum tubes were replaced by transistors. Industries decline, while others grow. No nation today can isolate itself from those changes if it hopes to remain economically competitive. The Maginot Line did not protect France in 1940, and no economic Maginot Line will protect the U.S., now or in the future...

Author: /time Magazine | Title: Essay: The Job Ahead for U.S. Business | 10/7/1985 | See Source »

Townshend, an editor for London publisher Faber & Faber, can be lyric and affecting, but too often he is portentous: "Almost as soon as the window had misted up, a great blast of steam wafted into the street. Pete felt like the witness to some awesome nuclear test of devastating power . . . We were the frayed rubber band inside the enormous balsa-wood airplane of rock and roll...

Author: /time Magazine | Title: Bookends: Sep. 30, 1985 | 9/30/1985 | See Source »

Soviet doctors stress the restorative virtues of spa vacations. At many resorts, visitors can immerse themselves in bubbling sulfur baths or inhale herbal steam. At Sochi, where the beach is covered with black pebbles instead of sand, white-uniformed nurses patrol seaside stretches with names like Medical Beach and Health Beach, enforcing a 55-minute limit on exposure to the sun's rays, even for the swarthiest guest. The preferred way for getting a quick tan is to stand facing the sun with arms held aloft. Because of a shortage of swimsuits and suntan oil, beaches are crowded with thousands...

Author: /time Magazine | Title: Soviet Union Where the Right People Rest | 9/16/1985 | See Source »

Take a dentist's drill, a meat grinder . . . Take lights and deform them as brutally as you can. Make locomotives crash into one another . . . Explode steam boilers to make railroad mist. Take petticoats and the like, shoes and false hair, also ice skates...

Author: /time Magazine | Title: Art: The Urban Poet | 9/9/1985 | See Source »

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