Word: sunk
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Environmentalists are being offered an assortment of offbeat tours. Among the possibilities is a trip to Micronesia that includes scuba diving in the giant Truk Lagoon, which is littered with the hulks of Japanese warships sunk in World War II. Other groups will visit the headwaters of the Amazon, the Ruwenzori (Mountains of the Moon) Range between Uganda and the Republic of Zaire, the New Zealand and New Guinea highlands and Australia's Great Barrier Reef...
...devaluation of the dollar has hastened the creation of a turbulent new world of money in which the once rigidly fixed values of some currencies are bouncing up and down like acrobats on a trampoline. Since late 1971, for instance, the British pound has risen from $2.49 to $2.64, sunk to an all-time low of $2.32, and last week closed at $2.44. Five important currencies -the pound, Japanese yen, Canadian dollar, Swiss franc and Italian lira-are "floating" with no fixed exchange rate at all. They sell at prices set mostly by supply and demand. That arrangement creates...
...Motor City intellectual who had a just for numbers and a remarkable ability to convince other people of things he did not believe himself There was Dean Rush the Georgia boy who became a Rhodes scholar an anticommunist fundamentalist a skipper who saved loyal even after the shop had sunk And who could forget Maxwell Taylor the golden general the general who wrote books." Of Walt M. Rostow the mad bomber from MIT. It was quite a cast. It was quite a show...
...require those ships to carry crews that are both large and highly paid; labor costs run up to five times higher than those for foreign sailors. And because ships can be built more cheaply in Japan, Sweden, Norway, Poland, Spain-indeed, almost anywhere outside the U.S.-the nation has sunk to 14th in the ranks of shipbuilding countries. Since the huge construction rush in World War II, yards have been kept afloat mainly by repair work and Navy orders. The result was bluntly described to TIME Correspondent Mark Sullivan by Maritime Administrator Robert J. Blackwell: "We are faced with...
...Ohio has been rated a toss up and several McGovern people even felt their man held a definite edge. The early returns confirmed this prediction, as McGovern crept to a slim lead edging Humphrey in the industrial towns that should have been has strong ends. But, Big Labor had sunk most of its money into the Muskie campaign and when Muskie folded after Flonda and Wisconsin became wary of spending any more of its resources in the unpredictable prodigal primary run.Throughout election night in Ohio and into the dawn McGovern clung to his lead. But, then the returns from Cleveland...