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...pace of the U.S. economic recovery is slowing a little, after an unsustainable early burst. Last week the Government reported that its index of leading indicators-statistics that foreshadow trends in the economy-dropped in October for the second month in a row. That was the first two-month decline since early 1975, and together with earlier reports showing a rise in unemployment and an acceleration of inflation in October, it suggested a disquieting pattern...

Author: /time Magazine | Title: Business: Slight Slowing of the Recovery | 12/8/1975 | See Source »

Signed Document. Last April, having waited the proper time, Mrs. Michaels took her case to a Chicago judge who declared Michaels dead. Mrs. Michaels then returned to the SSA office to get her money. After a two-month delay, an SSA official told her: "Your husband is alive. That's all I can tell you right now." Mrs. Michaels demanded to know more. The SSA refused, citing HEW section 1306 that forbids anyone to look into anyone else's personal file. Mrs. Michaels was sent a form letter refusing any claim for her husband's benefits, which...

Author: /time Magazine | Title: The Law: Dead or Alive? | 11/17/1975 | See Source »

Once the agreement was signed, President Ford lifted the two-month moratorium on new sales to the Soviets from this year's crop; he had imposed it at about the time longshoremen began refusing to load ships with wheat bound for Russia. The Soviets, who face a disastrous harvest, as much as 56 million tons below the planners' target of 215 million tons, are now free to buy from this year's record U.S. crop. The U.S.S.R. had signed contracts to buy 10 million tons before the embargo; it probably will buy about 7 million tons more...

Author: /time Magazine | Title: TRADE: Making the Soviets Steady Customers | 11/3/1975 | See Source »

Since it lost $55 million during the first half, Pan Am may wind up in the red for the full year too. But its startlingly bright third-quarter showing clearly improves its chances of borrowing needed capital. The airline recently arranged a two-month extension of its current $125 million credit agreement with 36 banks, and it is now asking them for a new commitment of about $100 million. The July-September upturn also means that Pan Am is no longer dependent for its survival on a proposed $300 million investment by Iran. Indeed, if currently stalled negotiations...

Author: /time Magazine | Title: AIRLINES: Pan Am: Still Aloft | 11/3/1975 | See Source »

...take the Treasury law enforcement entrance examinations, which test powers of observation along with basic knowledge. The highest scorers are tapped by the Service as vacancies occur and start at salaries ranging from $8,500 to $10,520 a year, depending on their prior experience. Recruits take a basic two-month course in criminology, surveillance and firearms use at a former military camp in Georgia. Next come another two months of schooling in Washington and suburban Beltsville, Md., to learn the specialized skills of the Service...

Author: /time Magazine | Title: THE SECRET SERVICE: LIVING THE NIGHTMARE | 10/6/1975 | See Source »

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