Word: validity
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Dates: during 1980-1989
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...would probably hurt the American banks, contracting firms and individuals with financial claims against Iran. The agreement sets up an international arbitration panel (three members to be selected each by Iran and the U.S. and another three to be chosen jointly) to rule on the claims and settle the valid ones from Iranian funds held in escrow by the Bank of England. Said a high official in the State Department: "It seems very unlikely that a conservative Republican Administration will launch its term by taking action that would cost major American banks $1.4 billion...
...commemoratives, mailed to millions of Americans, lists copies of a Frederick Remington bronze at $1,875 per, a porcelain "Nancy Reagan rose" for $650, a set of highball glasses for $35, even pieces of wood from the reviewing stand encased in Lucite for $28. Inaugural auto license plates, valid in any state until March 15, come in two models: $25 ones bearing only numbers and $35 "vanity plates" with a choice of lettering...
This is unquestionably true. The difficulty arises when Epstein attempts to stretch a valid literary observation into a broad cultural thesis. Nearly all modern literatures question the aims of money and power. But so, rightly or wrongly, do mod ern unions, consumer groups and havenots. Epstein leaves the impression that Americans are stewing in ambivalence because they have read Herman Melville, Mark Twain, Edith Wharton, Sinclair Lewis, F. Scott Fitzgerald and Budd Schulberg. Publishing sales figures would not support such an impression...
...board of directors does have one valid point-they do not have enough money to run the system. New funds must be found, and not from the current source, the overburdened local property tax. Instead, the money should come from a payroll tax on employers and merchants, the people who benefit the most from the MBTA and pay the least for its maintenance. The T is not a luxury on Sunday or any other day, its service must be maintained and expanded...
...sardonically concurred: "I didn't write for children at all ... the idea simply didn't enter my head. I am bound to assume that there is such a field as children's books - I hear about it so often - but I wonder if it is a valid one or whether it has not been created less by writers than by publishers and booksellers. I am always astonished when I see books labeled 'From 5 to 7' or 'From 9 to 12,' because who is to know what child will be moved by what...