Word: townsend
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...federal budget deficit from $37 billion this year to the $29 billion that Carter projects for the fiscal year beginning in October. The Board of Economists expects the deficit in fiscal 1980 to bulge to $45 billion. In fact, says Alan Greenspan, head of the economic consulting firm of Townsend-Greenspan, "Carter has a better chance of bringing in the budget below $30 billion this fiscal year than next." One reason: tax receipts this year will be up because the economy was much stronger than expected this winter and expenditures will be below expectations...
...United Banks of Colorado, an 18-bank holding company. Says she: "More and more women are coming into the profession and doing well, but there aren't a whole lot at the top. I'm a rarity." Another rarity is Kathryn Eickhoff, vice president and treasurer of Townsend-Greenspan, economic consultants to many of the nation's largest corporations. She assumed most of the duties of the firm's president, Alan Greenspan, when he went to Washington as chief of the CEA under President Ford...
Alan Greenspan of Townsend-Greenspan and Co., Inc.: "Carter's actions significantly increase the probability of recession...
...that time I was taking a course in English composition with Charles Townsend Copeland, better known as Copey, whose genial, sometimes crusty, habit it was to bring outsiders into his classroom, usually without notice to his students. The idea was to shake us up; an element of surprise was part of the process. Copey styled himself Harvard's "reader-in-ordinary." When he gave his readings, in a dry Maine accent and a gravelly baritone, he required absolute silence from an intimidated audience. He was about as 18th-century as a man could be; his academic life largely centered...
DIED. Sylvia Townsend Warner, 84. English novelist and short-story writer who probed the small conceits of her humdrum characters with a tartly satirical eye; in Maiden Newton, England. Warner met success early when her first novel (Lolly Willowes) became a premier selection by the fledgling U.S. Book-of-the-Month Club in 1926, but she showed an enduring talent with her genteel, Victorian prose (The Museum of Cheats, The Flint Anchor). A longtime contributor to The New Yorker, she also won acclaim as a poet (Time Importuned), a translator (Marcel Proust on Art and Literature...