Word: steeped
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...such self-accusation may be the reverse side of the old American self-congratulation. Americans contemplate some of the more disgusting uses to which freedom of expression has been put; they confront a physical violence and spiritual heedlessness that makes them wonder if the entire society is on a steep and terminal incline downward. They see around them what they call decadence. But is the U.S. decadent? Does the rich, evil word, with its little horripilations of pleasure, and its gonging of the last dance, really have any relevant meaning...
Similar stories of steep appreciation can be told about the work of almost every other major 20th century photographer: Alfred Stieglitz, Edward Steichen, Edward Weston, Walker Evans, W. Eugene Smith, Diane Arbus and Imogen Cunningham, among the dead; Harry Callahan, Frederick Sommer, Paul Caponigro, and Fashion Photographers Richard Avedon and Irving Penn, among the living. The great pictures of the 19th century are more expensive still. Last May two albums containing 100 early California and Oregon scenes by Carleton E. Watkins were sold for $198,000. "A print is amusing at $100," quips one art dealer...
...indeed high. In the shopping meccas of Paris' Rue du Faubourg-Saint-Honoré, Munich's Maximilianstrasse or Brussels' Avenue Louise, a Pierre Cardin tie costs $40, a Réty suit $440 and a Balenciaga handbag $370. Even the cost of window-shopping is steep. Hotel rooms in a smart area of a capital city can easily cost $75 a night, a good dinner for two starts at $60 or more, and a week's car rental often tops $300. Local residents, of course, avoid the stores and services that tourists frequent. Even so, their...
...Chancellor Helmut Schmidt's Social Democratic government, supported by powerful but reasonable trade unions, has largely held a noninterventionist course and ignored demands that the government cut taxes or raise spending every time a troubling economic forecast is issued. Result: West Germany's inflation rate is one-third as steep as the U.S.'s, its unemployment rate is only slightly over half as high, and the country's living standards are rising...
Since dams have already been built on most commercially promising sites around the nation that have steep drops as well as fast and large river flows, the greatest enthusiasm now is for the restoration of "low head" dams (less than 65 ft. high) to supply power to local communities and industries. The New England Congressional Caucus, a group of the area's federal representatives, puts the potential regional saving from new dams at up to 19 million bbl. of oil a year, or as much as the U.S. uses...