Word: vately
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...first move was to encourage pri vate foreign investment in India's des perately inadequate fertilizer industry (TIME, May 27). Then the government removed controls on eleven basic indus tries, including cement, iron and steel forging, and timber products. Two weeks ago, the rupee was devalued,* to combat inflation, shelter domestic manufactures against foreign competition, and make exports more salable in world markets. The Finance Ministry an nounced that it was working on an import-liberalization plan...
...decided that "status is not the issue." To the jíbaros, the country men, he promised labor laws and land reform instead of independence. He urged voters to "lend me your vote" rather than sell it to the opposition. His followers called him El Vate (The Bard) and elected him to office. In those days, needlewomen who worked at home in the island's second biggest industry after sugar were getting just 3? for hemming a dozen handkerchiefs...
...Journal, as alert and sharp-eyed as a rooster, has a tabloid-moralistic habit of playing up any smirch involving a Milwaukeean. When the wife of a prominent businessman was caught by a pri vate detective in a hotel room with another man, the Journal front-paged the story: FOUND IN HOTEL WITH A FRIEND. Recently, a distraught Milwaukee housewife telephoned the city desk to beg the paper not to print the news that her husband had been arrested for being drunk and disorderly. "Lady," a Journal reporter told her, "I'm going to give you a break...
Citizen's Army. In Belleville, 111., Pri vate Rollie Summers Jr., captured on the 32nd day of his third AWOL trip in three months' service, told police that he does not like Army life...
Initial contributions to the new Fund have been made by the American Medical future funds will be solicited from pri-Association and several other groups; vate sources. At first the funds will be split evenly 79 ways, pending discovery of an "equitable" distribution scheme...