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...erratic swings of the late Martin years, when the FOMC sometimes shifted within a few months from actually shrinking the nation's money supply to expanding it at an annual rate of as much as 10%. They agree that, in Burns' words, the Federal Reserve must "tread a narrow path"-dribbling out just enough money to keep the economy from falling into recession but not so much as to start a new inflationary boom...

Author: /time Magazine | Title: Business: Teetering Between Two Dangers | 5/4/1970 | See Source »

There are reasons for the lack of action. Effective pollution control would invoive a massive realignment of our society and would tread on the economic toes of some of the most powerful interests in the country. Liberals, unwilling to advocate revolution, are bewildered in their search for constructive alternatives to ways of life which may be ending life...

Author: By Thomas P. Southwick, | Title: Books The Steam Powered Automobile | 4/29/1970 | See Source »

Only the boldest and bravest of Westerners will tread upon the moving sidewalks or the brimming monorail, which always looks as if it is carrying troops to the front. One group of elderly ladies piled up on the sidewalk like dominoes; 42 of them were injured, and the walk was shut down for days. Electric shuttle cars, which generally have been immobilized by the huge crowds of pedestrians, may soon be taken out of service...

Author: /time Magazine | Title: Modern Living: World's Fair, Asian Style | 4/20/1970 | See Source »

Unfortunately, the monumental weariness which Genet so effectively conveys has no compelling cathartic quality: The Blacks, like The Balcony and The Screens. is structured around a series of totally static ritual ceremonies. which tread lightly on the borderline between the crudest naturalism and the most cerebral symbolism. Harold Scott, director of The Blacks and recipient of the Obie Award for an off-Broadway performance in Genet's Deathwatch, has resolved the latent tensions in Genct's material in the direction of naturalism-obviating some of the ludicrous pitfalls which plagued Joseph Strick in his attempt to film The Balcony...

Author: By James M. Lewis, | Title: The Theatregoer The Blacks | 2/5/1970 | See Source »

Even the Sharon Tate murderers might have blanched at such a scene -but Ralph Nelson rushes in where cultists fear to tread. In the Mexican Sierras, he is directing Soldier Blue, a film that he modestly describes as "my commentary on war." To shatter any lingering suspense: he is against it. As proof, he is making possibly the most gut-clutching film in history. Based on the Sand Creek Massacre, a notorious 1864 slaughter of Cheyenne warriors, women and children, Soldier Blue is a congeries of atrocities...

Author: /time Magazine | Title: Cinema: Fallen Angel on Location | 2/2/1970 | See Source »

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