Word: vestments
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Gentler Pace. In Europe, West Germany is the biggest buyer of Japan's goods in general (almost $1 billion worth last year), but Britain is likely to be the chief beneficiary of Japanese in vestment. Japanese find English the easiest European language to learn, and they savor the English way of life. Says Mitsui's Sadao Oba, one of the more than 4,000 Japanese businessmen living in greater London: "I like the quiet very much. I like the gentler pace of life." English employees in Japanese firms often return the compliment (see box previous page...
...past few years, the look of vestments used in Christian ritual has changed. Chief reason is the democratization of the Catholic Church. Vestments once had a hierarchic purpose: the presence of the priest at a raised altar, draped in a chasuble thick with gold and silver embroidery, stiff and heavy as oxhide, glittering in the taper light, symbolized the spiritual distance between God's minister and his people. Costume is a basic way of preserving differences. Moreover, since the priest stood between the faithful and the altar, mostly with his back to the congregation, his full height...
...often, of laboriously achieved splendor: the peacock displaying the green silk and gold-and-silver cord eyes and rays of his tail on a 16th century French chasuble, or the coiling festoons of gold grapes with silk chenille leaves that some anonymous craftworker applied to a 19th century Italian vestment...
...Kelley began her religious life in the only official role traditionally open to females within the Church, that of a nun. Clad in anonymous veil and vestment, she taught at a Catholic high school and lived in a convent. While teaching, she considered herself a professional and never thought about performing any pastoral role within the Church. She remembers, "After all, there wasn't much to expect from a non-teaching nun." She received an invitation to do campus ministry work at Ball State University in Indiana in 1966, becoming a member of an elite group of maybe 150 Catholic...
Although it has no plans to sell fund shares, Prudential, the nation's biggest life-insurance company, is considering making available variable annuities, which are presently sold only through group-pension plans, to individuals as well. Unlike the ordinary annuity, an in vestment that pays off in regular fixed payments after a certain age, the return on a variable annuity is affected by fluctuations in the market value of the securities on which it is based. For the inflation-wary investor, such annuities thus figure to hold many of the same attractions as mutual funds...