Word: warning
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EXAMS. The Spaulding Slaughter has now given way to the Crumgold Finesse, originated by the late Miles Crumgold, Harry and Bill Green Professor of World History. It was Dr. Crumgold's custom to warn his students well in advance of the hour exam that they were in for a " toughie. " As the day approached, he would start hinting at some of the incredibly intricate questions students should prepare for, and with one lecture to go he would-in a burst of charity-pass out a list of relevant items. The actual exam then consisted of a single question, typically...
...memoirs worth reading, since he was the brightest of the group and the only man at Nurnberg who felt any sense of guilt. "I wrote this book primarily for the younger generation," Speer told TIME Correspondent Peter Range. "I intended it not only to portray the past but to warn about the future." Since his own six children would be affected by his renewed notoriety, he gave them veto rights over its publication. After reading the first draft of the 525-page text, they insisted that it should be published...
Every week that passes without firm evidence of impending victory in the war against inflation intensifies the debate over the Nixon Administration's economic strategy. As the debate grows louder, it also grows more confused. Milton Friedman and other "monetarist" economists warn that the Federal Reserve Board may already have tightened credit enough to raise a threat of "severe economic contraction." A.F.L.-C.I.O. President George Meany and Economist John Kenneth Galbraith insist that the restraints are ineffective and that only some form of wage and price control can slow price increases...
...rate from which all other interest rates are calibrated. Gaylord Freeman, chairman of Chicago's First National Bank, goes so far as to predict that the prime rate may drop to 7½% or even 7% by year-end. Most bankers and economists are more cautious. They warn that interest rates could yet bounce up again. So far, though, demand has been dropping more than it usually does in the summer...
...Prague, the government stepped up its campaign to warn that it will deal harshly with disturbances. In thousands of leaflets, leaders of the liberal underground have called on Czechoslovaks to make the anniversary a national "day of shame" by boycotting state services; more than 200 people were detained for printing and distributing the leaflets. Determined to avert all demonstrations and minimize even passive resistance, the government urged all citizens to "watch out for disruptive elements," placed the army, police and people's militia on full alert and warned that anyone who failed to report to work would have...