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...consequences can be nightmarish. The New York Stock Exchange, whose members thrive or fail according to their ability to forecast, predicted a few years ago that daily trading volume might hit 10 million shares by 1975. Trading surged past that level in 1968. A mountain of paper work fell on exchange members, and they did not have enough men or machines to dig out. The Big Board went on short trading hours early in 1968, and has still not bounced back to a full trading week. In a similar way, demand for electricity has shocked power-company executives. Managers...

Author: /time Magazine | Title: Business: America the Inefficient | 3/23/1970 | See Source »

...their lands diminished from 138 million acres in 1887 to 55 million acres today, their water diverted. They are convinced that the Government is determined eventually to dismiss the whole problem by terminating all reservations. Long a favorite white liberal policy, based on the assumption that all minorities will thrive by being assimilated into the mystical American melting pot, termination of the reservations...

Author: /time Magazine | Title: Nation: The Angry American indian: Starting Down the Protest Trail | 2/9/1970 | See Source »

...irrigation systems around Lake Nasser. Without the nutrient-rich silt reaching the Mediterranean, the Egyptian sardine catch declined from 18,000 tons in 1965 to 500 tons in 1968. As a final penalty, irrigation projects on the delta plain have allowed a moisture-loving snail to thrive. Since it carries schistosomiasis, most of the delta people have had that agonizing liver and intestinal disease...

Author: /time Magazine | Title: Environment: Fighting to Save the Earth from Man | 2/2/1970 | See Source »

...career has now been successfully completed. I broke it off 23 years ago to write my first play instead of a dissertation, because I came to believe that one can think not only in philosophy but on the stage." Added Durrenmatt: "My first drama caused a scandal. I still thrive on this start...

Author: /time Magazine | Title: People: Nov. 28, 1969 | 11/28/1969 | See Source »

Demonic Strain. Such a string of disasters and scandals might well have sunk a less vital group. But last week, midway through a triumphal U.S. tour-their first in three years-Jagger and company were busy proving just how well they thrive on adversity. Selling out the Chicago International Amphitheatre twice in one night with its inimitable brand of gritty, Negro-derived blues, the group re-established itself as one of the most durable and original forces in rock. As usual, the music tapped the dark, demonic strain in human emotions, and as usual, the central figure was Jagger, gaunt...

Author: /time Magazine | Title: Music: Rose Petals and Revolution | 11/28/1969 | See Source »

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