Word: surpluses
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...Priest Surplus. This path of humble heroism began when Neumann graduated from seminary in Prague but could not get ordained because there was a surplus of priests. He took a boat to New York City in 1836, hoping to be a missionary even though he had no assurance that there was a job for him. German-speaking priests were in short supply in America, and Neumann was quickly ordained and dispatched as a missionary to farmers around Buffalo. He later ministered in Pittsburgh, Baltimore and many other towns...
...first time since the fiscal year 1972-'73, the University budget in the last academic year showed a surplus, while the Corporation's portfolio rose $900,000, or 11 per cent, in market value. The endowment rose to $1.4 billion...
...those of a face. But Close's big paintings, each head 7 ft. or 8 ft. high, try not to make any generalizations at all. Every feature is recorded in its tiniest particular, with the strange result that his subjects become almost unrecognizable - they are veiled by the surplus of information on the canvas. As a consequence, Close's works are among the most troubling icons of American art in the '70s. He is perhaps the only artist of his generation who has really extended the meaning of portraiture...
WEST GERMANY remains Europe's economic locomotive. It has just about recovered its preslump level of industrial output (97%), and its export performance is awesome; the trade surplus totaled $14 billion in 1976. But unemployment remains high at more than 1 million, or 4.6% of the labor force. Chancellor Helmut Schmidt has forecast a 5% growth rate in 1977, but several reliable economic institutes now expect a shortfall, indicating the need for stimulus. Despite fears of inflation, Schmidt is backing a $7 billion revival program with $1.5 billion to be spent this year...
Many other countries are far worse off than Italy and Britain. The root cause of their problem: soaring oil bills caused by OPEC's quintupled prices. While a small handful of OPEC countries have been amassing a $150 billion balance of payments surplus, the non-oil producing less developed countries, or LDCs, have plunged into debt by almost the same amount-$142 billion-to pay for petroleum. In only three more years, that debt load is expected to rise to a staggering $241 billion...