Word: summer
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Dates: during 1970-1979
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...beach cafes will serve a lunch of fried fish, paella, salad and a jug of wine for half that. Farther up the coast are Puerto de Mazarron and La Manga del Mar Menor, which has a new casino and two championship golf courses. In most villages there are summer festivals, many celebrating the lively local folk arts...
...trade. The bad news is that 80% of all Frenchmen still insist on vacationing within France, most of them during July and August. Finding the unspoiled places is largely up to the individual. This means avoiding the Riviera and other trendy areas such as the Dordogne-Périgord, the summer festival towns like Aix-en-Provence, Avignon and Carcassonne...
...this volatile environment, the Federal Reserve chairman argues that the board should take great care before making any marked change. As he told TIME: "We must avoid the unpredictability of monetary policy and moderate the swings of interest rates. Last summer there was criticism that if the Federal Reserve tightened money, we would wreck the economy. Now the clamor is the other way, telling us to do more. We must resist those temptations and have more nerve and sense of responsibility to look at the final good for the nation and not to our popularity from week to week...
When they sit down to bargain with the car and truck manufacturers this summer, the United Auto Workers intend to drive right over President Carter's wage guidelines. This was made clear by the 3,500 delegates who crammed Detroit's Cobo Hall last week for a special convention to sort out contract demands. Douglas Fraser, the U.A.W.'s blunt president, vowed to ignore the guides when negotiations begin on the new contract (the current one expires Sept. 14). Thundered Fraser: "The Teamsters bent the hell out of the guidelines. I don't believe the 7% is a reality...
...will go no further than Tuesday's preliminary discussion with the issue this year, although Glen W. Bowersock '57, associate dean of the Faculty for undergraduate education, promised to keep the committee's comments in mind this summer when he works on developing new Core courses...