Word: sup
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...problem for Senate G.O.P. members and particularly for the minority leader, Howard Baker of Tennessee, who wants a shot at his party's presidential nomination in 1980. Last month after a visit to Panama, requested by the country's ruler, General Omar Torrijos, Baker announced his pivotal sup port for a slightly modified treaty. "I told Senator Baker," said Majority Leader Robert C. Byrd, "if either you or I go against the treaties, they probably will be defeated. If both you and I go for them, they may be confirmed...
They elegantly sup...
...plots his genial strategy of survival. He wants another term as Fed chairman, and not because he likes to go to capital par ties and enjoys the aroma of power (which he does). But he thinks he is doing right by the nation to restrain the money sup ply, to preach a little caution, to stand immune from White House blandishments and politics. Burns views his ideas as good for the country's soul - and its pocketbook...
...sweep of the South Lawn and the Softball game in progress on the Ellipse to the great monuments to Washington, Jefferson and Lincoln. "I often come out here at 6:30 in the morning, and on Sunday mornings we read the pa pers out here. It is beautiful. After sup per, after a banquet, I'll bring foreign leaders up here - Sadat, Schmidt...
...June, casting some doubt on the durability of the present brisk expansion. Investors have also been puzzled by the slow progress of the Carter tax and energy programs in Congress; they have been concerned about the growing U.S. trade deficit and fretful that a big increase in the money sup ply in recent weeks might prompt the Federal Reserve Board to tighten credit and thus trigger a rise in interest rates. Another drag on the market: European investors, who have been nervous about the sinking value of the dollar (see following story) and the growing U.S. trade deficit. One analyst...