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...million-a $23 investment for each of the 10 million residents on the U.S. side of the Lake Erie basin. The $700 million annual price tag for industrial and power-plant pollution would add a mere 200 to 300 to most consumers' monthly electric bills. However unpopular such extra tariffs might be, the price is modest if it will buy the fresh air and clean water that is fast becoming only a memory...

Author: /time Magazine | Title: Environment: Cleaning Up the National Mess: How Great the Cost? Who Will Pay? | 2/2/1970 | See Source »

Party Spoiler. A stubborn, honest and puritanically forthright man, Martin liked to explain that the Reserve Board's unpopular actions arose out of its necessary role of "leaning against the wind." He said: "I'm the fellow who takes away the punch bowl just when the party is getting good." (Martin is a teetotaler.) Above all, he defended the integrity of the U.S. dollar at home and abroad, though he and the board lacked the power to do the job effectively alone. Despite today's inflation, he succeeded well enough so that the dollar has lost less...

Author: /time Magazine | Title: Business: The Martin Era | 2/2/1970 | See Source »

...Congress, fathom the intricacies of finance. Many bankers contend that Patman thoroughly misunderstands how the U.S. banking system operates. They argue that some of his proposed reforms would yoke the Federal Reserve to policies of permanent inflation by depriving the board of its ability to take unpopular actions. Still, Economists John Kenneth Galbraith, Seymour Harris and several others support Patman's idea of placing the Reserve Board under presidential control...

Author: /time Magazine | Title: Money: Big Days for The Scourge of the Banks | 1/26/1970 | See Source »

...nation with trying to prettify what we have unwittingly done, although we have indeed assumed responsibility over there that we cannot honorably evade. We cannot honorably evade our responsibility by trying to make the Saigon government do what we with them could not. Nor can we use that unpopular government of ex-French officers to cover our retreat and prolong the agony of their people. Nor can we honorably leave those military leaders and their civil servants exposed to reprisals...

Author: NO WRITER ATTRIBUTED | Title: For Three Transgressions... and for Four | 1/5/1970 | See Source »

...Funeral Services would give you a $500 funeral absolutely free. Or you could have $500 off a fancier affair if you insisted on trimmings. Nick Daphne also provides free funerals to any San Francisco policeman or fireman who dies in line of duty regardless of the season; he is unpopular with his competitors...

Author: /time Magazine | Title: Nation: Holiday Funerals | 1/5/1970 | See Source »

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