Word: walts
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Dates: during 1970-1979
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...Walt W. Rostow Austin, Texas
Many economists believe that the quarter of a century of strong, sustained expansion from 1948 until the oil price increases of 1973 has given way to a period of sluggishness and high inflation. Walt W. Rostow, who was one of Lyndon Johnson's chief aides, argues that the world has begun a new downward turn on the Kondratieff Cycle. In the 1920s Russian Economist N.D. Kondratieff theorized that capitalist economic development proceeds in up-and-down waves of 50 to 60 years each, which are determined by the confluence of invention, investment and trade. As Rostow explains...
Michael Chellel, who played the flasher in the NBC comedy special Just for Laughs, has a new act in Hollywood. He has published a map showing the graves of 140 celebrities, including Theda Bara, Humphrey Bogart, Walt Disney, Errol Flynn, Clark Gable and Jean Harlow, who are all buried in Forest Lawn -the cemetery satirized by Evelyn Waugh in The Loved One. Chellel sells about 40 maps a day on weekends (price: $5 each). For $25 more he will arrange to have flowers delivered to cemeteries for fans of deceased stars. Business is so good that Chellel is now giving...
There are those who would like to dress up the derby a bit so that it could be sanctioned by the American Canoe Association, which awards points used in compiling national rankings. But the residents of North Creek are not at all sure they want that. Says Walt Schultz, 65, who has helped run all 21 events: "With the A.C.A., we'd still have to do all the work and they'd just tell us what to do. We don't want to kowtow to the great canoeists. All we want is a fun weekend-strictly amateur...
...cool spring evening had settled over Washington. Most of the city's federal buildings were dark, but chandeliers shone brightly from the National Portrait Gallery. Inside the building in which Walt Whitman once read his poetry to wounded Union troops and Abe Lincoln held his second Inaugural Ball, a black-tie assemblage of guests stood chatting, their voices mingling with the strains of a string quartet...