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...occasion of Carter's remarks was itself unusual: a White House conference on steel, attended by mill and union bosses and presided over by the Administration's chief trade negotiator, Robert Strauss. That it was called constituted Administration recognition that the steel industry is in bad trouble: rising imports of cheaper steel from Japan and Europe in August captured almost 20% of the American market, causing layoffs of some 60,000 American workers, slicing steel company profits and forcing the closing of old mills in several cities. Steelmen have long complained that much of the foreign metal...

Author: /time Magazine | Title: Business: Some Reassurance for Steel | 10/24/1977 | See Source »

...steel to be shipped into the U.S. An OMA has been much talked about as a temporary balm for steel; similar agreements already restrict imports of shoes and color-television sets. The United Steelworkers of America is for a steel OMA, but the executives who met with Carter and Strauss last week declined to press for one. The steelmen are awaiting a report from an Administration task force, headed by Treasury Under Secretary Anthony Solomon, on ways to help the industry. The Solomon report, due in four or five weeks, could recommend an OMA for steel, tax credits...

Author: /time Magazine | Title: Business: Some Reassurance for Steel | 10/24/1977 | See Source »

...Slavic sour cream lay over the proceedings in place of Viennese schlag." In defense, Slava argued that he could easily have conducted a conventional Fledermaus, but had thought it "frivolous" to do so. "Anyway," he added, "who can say what the right tempi are? To whom did Johann Strauss confide what is correct...

Author: /time Magazine | Title: The Magnificent Maestro | 10/24/1977 | See Source »

...operatic heroines go, Ariadne is definitely not as sweet as Mimi, nor a resolute as Aida, nor as popular as either But composers from Monteverdi to Rich ard Strauss have invariably had a hard time resisting her charms. That is more than can be said for that noted male chauvinist Theseus, who simply dropped her off one day on a tiny Greek isle. Ariadne's latest operatic reincarnation might not be entirely to her liking either: she appears merely as the voice of a missing statue...

Author: /time Magazine | Title: Music: The Musgrave Ritual | 10/10/1977 | See Source »

Thus ends for Cincinnati, at least, the drum and cymbal career of Leopold Stokowski, who made Beethoven dance on his ears; who made Brahms a puling, sickly sentimentalist; who calcined Strauss in more clashing and fighting colors than Strauss ever knew; and who Stokowski-ized each composer whom he took into his directorial hands...

Author: By Judy Kogan, | Title: The Baton Also Rises | 9/20/1977 | See Source »

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