Word: timber
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...conducting the dig found new ramparts within the older pre-Roman walls. Farther up the hillside they also found postholes 1 ft. in diameter-unusually large for the time-that may indicate the site of Arthur's mead hall, plus grain-storage pits and burnt remains from another timber structure...
...first move was to encourage pri vate foreign investment in India's des perately inadequate fertilizer industry (TIME, May 27). Then the government removed controls on eleven basic indus tries, including cement, iron and steel forging, and timber products. Two weeks ago, the rupee was devalued,* to combat inflation, shelter domestic manufactures against foreign competition, and make exports more salable in world markets. The Finance Ministry an nounced that it was working on an import-liberalization plan...
...word this year was pitching, and three freshman hurlers are definitely varsity timber. Ray Peters, a right-hander who turned down a $75,000 offer from the Mets to go to Harvard, finished up with a 2.1 mark. Peters compiled a 3.17 earned-run average with 54 strikeouts in 39 innings, making him the hottest prospect in many years...
...solid standard of gross national product, it ranks fourth of seven: behind East Germany, Czechoslovakia and Poland, but ahead of Yugoslavia, Hungary and Bulgaria. In order to keep hopping on its canny leap forward, Ceausescu's regime relies on an abundance of natural resources-oil and timber, coal and untapped rural labor reserves. In other European countries, the supply of working men and women dwindles inevitably in inverse proportion to the desire for luxury goods. "Baby or car?" asks the Hungarian young married couple. In Budapest, where "it's easier to get an abortion than to cure...
...tabletop. Demag and Siemens, Krupp and M.A.N. all add to a German investment in Rumania that exceeds $50 million. Italy's Orlandi is building a $1,000,000 bakery in Rumania; Pepsi will soon be bottling in Rumania; the Japanese sell ships to Rumania in exchange for timber, which the Japanese then cleverly turn into musical instruments. France's Pechiney has a contract for an aluminum plant at Slatina; Sweden's ASEA is building $10 million worth of electric locomotives to replace Rumania's wheezing steam behemoths. Chatillon of Milan has a rayon-cord-tire factory...