Word: transition
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...appropriation, envisions the pairing off of nine redeveloped inner-city areas with ten undeveloped suburban locations. Though each pair of sites would be geographically separate, from 20 to 40 miles apart, they would exist as political, social and economic entities. The pairs would be connected by mass transit lines and bus services; housing would be built in both places to attract various income levels...
...money from Washington now-nearly $30 billion a year. But Washington tightly controls what local politicians can do with the existing money; the funds are parceled out among hundreds of grants-in-aid that have specific purposes. Federal aid for road construction, for example, cannot be diverted to mass transit even if a state has many miles of lightly traveled new superhighways and commuter railroads that are falling apart. Moreover, many federal aid programs-welfare, hospital construction, library services-require states, cities and counties to raise matching funds. Nixon's revenue-sharing proposal aims not only at getting desperately...
...internal problems. When one of United Arab Airlines' aging Comets crashed two weeks ago in Tripoli, killing 16, Sadat grounded the other four and UAA Chairman Ahmed Tewfik Bakry as well; Egypt then leased six Ilyushin 18s from Eastern European airlines. To revamp Cairo's creaking transit system, Sadat's 30-man Cabinet voted to spend $27 million on new buses and to hire Japanese consultants for a new subway-feasibility study...
Nationalization has long been a political soccer ball in Britain. When the Labor Party took office in 1945, it wasted little time taking over coal mining, railroads, trucking, electric power, steel and the London transit system. When the Conservatives rebounded to power in 1951, they set about denationalizing steel and trucking, and decentralizing some of the other state monopolies. Labor came back under Prime Minister Harold Wilson in 1964 and returned steel and trucking to government ownership. Before the Conservatives took over last June, nationalized industries had grown and diversified into a group that has $25 billion in assets...
...nearly as anxious as the late Gamal Abdel Nasser to spearhead the causes of the Arab world. Though the Cairo government is heavily mortgaged to Moscow for weapons. Sadat is anxious to spend money on such pressing domestic needs as water systems and Cairo's creaking mass transit. Last week he issued a presidential order ending the policy of "sequestration," under which Nasser's socialist government a decade ago began seizing lucrative private properties from thousands of Egyptians and foreigners...