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...enough to help trigger a modest recovery during the second half of the year (production rates already are inching up, and jobless rates down). But they are hardly sufficient to bring back the halcyon era of double-digit G.N.P. growth that Japan enjoyed before it was rocked by twin economic shocks in the early 1970s. Dollar devaluations and yen revaluations raised prices of Japanese goods abroad and cut into export earnings; that plus quintupled oil prices touched off the inflationary explosion...

Author: /time Magazine | Title: JAPAN: Taking a Lower Road | 6/30/1975 | See Source »

...such reluctance has become an acquired national characteristic, it may be best to hope that the twin disasters of Viet Nam and Watergate will encourage Americans to think better of the dissenting man of principle, to be less easily taken in by hypocritical talk of team play. Because that kind of re-evaluation seems a faint hope, Resignation in Protest is a melancholy as well as a disturbing book...

Author: /time Magazine | Title: Books: The Way to Go | 6/9/1975 | See Source »

Captain Raib Avers and eight ragged black and mulatto crewmen set out from Grand Cayman Island to hunt turtles in the southwest Caribbean. Their ship is the Lillias Eden, a once proud schooner now yoked to brand-new twin diesel engines in its converted cargo hold. Avers' legendary temper is even blacker than usual. Though it is late in the turtle season, he needs a good catch to pay for the overhaul of his ship. He rashly refuses to worry about Eden's lack of a chronometer, life jackets, fire extinguishers, or a radio that can send...

Author: /time Magazine | Title: Books: Sea Changes | 5/26/1975 | See Source »

...twin demons of inflation and recession have already caused severe cutbacks in many college sports programs. For instance, the western Big Sky Conference voted in 1973 to end league competition in baseball, swimming, tennis, golf, and skiing because of the high travel costs involved. The University of Vermont decided last fall to drop its entire football program as part of a $1.3 million overall budget reduction. Syracuse has eliminated its teams in baseball, tennis, golf, fencing, and rifle marksmanship within the past three years. And, last fall, Ivy League members voted to reduce football staffs to no more than seven...

Author: By Dennis P. Corbett and John P. Hardt, S | Title: Keeping Athletics for All in Hard Times | 5/23/1975 | See Source »

...city's Club Nautique, took them down the Mekong River and out to sea, where they were rescued. His daughter's husband, Pham Van Tinh, a Vietnamese air force pilot, escaped separately from Tan Son Nhut airbase. Under heavy fire, he made a dash for a twin-engine cargo plane, shot the lock off the door with his pistol and flew into Thailand without maps or direction, following the shoreline. Tinh did not know his wife got out until he spotted her in a Guam mess hall last week...

Author: /time Magazine | Title: The Nation: Journey to 'Freedom Land' | 5/19/1975 | See Source »

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