Word: third
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Dates: during 1970-1979
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...OREGON. A virtual carbon copy of Jarvis-Gann has been picking up initiative signatures and now has a good chance to make the ballot in November. It would limit the property tax to 1½% of market value, which would decrease the average homeowner's tax tab by one-third. "The measure could be very difficult to defeat," warns Robert Ridgley, recently retired chairman of the Portland public school board. He fears that the "effect on schools would be devastating." Supporters of the proposal blame the state legislature for its failure to curtail the property tax long ago. Says State Representative...
Jarvis, his third wife and her sister live in an unpretentious two-bedroom, $80,000 house (on which he annually pays $1,800 in taxes based on a 1976 assessment) in West Los Angeles. Though he was raised as a Mormon, he drinks vodka and smokes a pipe as well as cigars. He spends most of his days in a cluttered downtown office, dividing his time between his duties as un-salaried chairman of the taxpayers' group and paid director ($17,000 a year) of the Apartment Association of Los Angeles County, a landlords' organization. He devotes hours...
Peter G. Peterson, chairman of the investment banking firm of Lehman Bros. Kuhn Loeb, points out that LDCs already receive more than one-third of U.S. exports, including more than 40% of foreign sales of commercial aircraft and electrical machinery. Even the industrializing LDCs that are competing effectively with Northern factories in such products as clothing and shoes, he asserts, buy more from the rich nations than they sell to them. He endorses much more aid to LDCs because he considers them to be potentially "important engines of less inflationary growth for the developed countries...
...present." Many Western statesmen contend that the LDCs lack the infrastructure (roads, ports, dams, railways), political organization and expertise to use much more aid than they are now getting. Says West German Economics Minister Count Otto Lambsdorff: "I do not believe that a kind of Marshall Plan for the Third World-which today would have to be shouldered jointly by the U.S., Europe and Japan-is a feasible solution...
...year at Triple A in Pawtucket, R.I., he led the International League in batting average, home runs and RBIs, a performance that made him minor league Player of the Year. When he joined the Red Sox full time in 1975, he was 22 and a born star. From the third week of the season until he broke his finger at season's end, Rice was Boston's starting leftfielder. He batted .309 with 22 home runs and 102 RBIS and fielded without an error in 144 games protecting Fenway's famous wall. But 1975 was also the year the centerfielder...