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...crisis, federal, state and local governments will have to act more forcefully to conserve existing fuel supplies. President Nixon cannot afford to wait to get the complex machinery ready for rationing. Other conservation efforts should be backed by stiff legal sanctions; speeding drivers, for example, should be tagged with steep fines. The Government will have to get on more swiftly with the job of developing new energy sources, including the immediate leasing of federally owned lands for shale-oil production. Senator Henry Jackson's bill, calling for expenditures of $20 billion over 10 years for a research and development...

Author: /time Magazine | Title: OIL: Stepping on the Gas to Meet a Threat | 11/26/1973 | See Source »

...only six miles over the horseshoe range from Washington to Adams, but the differences between the two mountains are immense. Adams, the opposite pillar of the horseshoe, presents a striking contrast to Washington. The steep and ragged upper reaches of the mountain culminate in a peak of one large rock which is unreachable except by foot. Only one trail, an offshoot of the Appalachian Trail, which skirts the peak, leads to the summit of Adams. Most hikers climbing over the whole range stay on the main trail so it is rare to meet other parties on the summit even...

Author: By H. JEFFREY Leonard, | Title: Worshipping A Mountain | 11/19/1973 | See Source »

...recession next year. Consumer prices, Friedman contended, would probably continue to climb 6% or 7%, only slightly less than the thoroughly oppressive level of 8% estimated for this year. The Government announced last week that living costs rose at an annual rate of 3.6% in September, a steep drop from the explosive 22.8% increase in August. Even so, Assistant Secretary of Commerce Sidney Jones declared that inflation is "still awful...

Author: /time Magazine | Title: MOOD: A Growing Cloud of Doubt | 10/29/1973 | See Source »

Ironically, the bill does not fully satisfy environmentalists, either. They urge amendments prohibiting strip-mining on steep slopes, as in Appalachia, which are virtually impossible to restore to their original contours. Moreover, complains Louise Dunlap, coordinator of the Washington-based Coalition Against Strip Mining, the legislation fails 1) to protect Indian-reservation land above rich coal deposits; 2) to curb the power of coal companies that own mineral rights to strip-mine then" deposits without the written consent of a surface owner...

Author: /time Magazine | Title: Environment: Controlling the Strippers | 10/22/1973 | See Source »

...weaker brew, served in less ornate cups, costs a steep 495 yen (more than three times the standard price) when taken at the counter. That is where the majority of Funakoshi's customers sit, hoping to see someone come in and order the special $38 cup. Hardly anyone complains about the high prices. As Funakoshi explains it: "Compared to 9,900 yen, 495 is a real bargain...

Author: /time Magazine | Title: JAPAN: The World's Most Expensive Cup of Coffee | 9/17/1973 | See Source »

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