Word: westing
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Dates: during 1970-1979
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...surveying the problems facing the U.S. and its allies, most strategists agree on one point: nothing could do more toward building a new relationship between the West and the Islamic world than a successful conclusion of the Egyptian-Israeli "autonomy" talks. It would be an ideal first step toward defusing the Iranian crisis and reducing the pressure on America's traditional allies. Until significant progress is made on that score, they believe, there is likely to be neither much sympathy for the U.S. nor much real stability in the region. As a senior British diplomat observed last week...
...that is relatively rare is sure to fetch a pretty penny at auction these days, things of beauty and lasting worth-"objects of virtue" to the trade-are going for sums that would boggle the I of Claudius. Ars gratia auctionis. Throughout the U.S. and the rest of the West, once listless salesrooms thrum with auctiophiliacs in search of a piece of the past; the top firms hold several simultaneous sales a day six days a week. In 1979 Sotheby's and Christie's, the two London-based giants of the international fine arts auction business, together have...
...proceeds. First-rate works of art are in short supply, and becoming ever more scarce, as the auction catalogues-if not the sales figures-sadly reflect. The prizes go mostly these days to citizens of nations that do not extract excessive taxes from the wealthy: Switzerland, France, West Germany, Japan and the Arab countries. Americans remain very much in the market, however, thanks in part to U.S. tax laws that permit a collector to deduct contributions from his taxable estate if he has willed his treasures to a museum. The museums of America, Western Europe and Japan have at their...
...ferociously competitive business, similar tactics of search and cultivation are used by major auction houses across the U.S.: Robert W. Skinner Gallery in Bolton, Mass.; Adam A. Weschler & Son and C.G. Sloan & Co. in Washington, D.C.; Mortons in New Orleans; San Francisco's Butterfield & Butterfield; West Palm Beach's Trosby Auction Galleries. The so-called country auction where the city slicker might once snap up for a song a Revere salver or a federal highboy is as distant a memory as the nickel newspaper. Says Scudder Smith, editor of Antiques and Arts Weekly, "You look around some...
...Vatican terms that meant that Küng, 51, must stop teaching Catholic theology at West Germany's University of Tubingen. It is the harshest action against any important scholar since the era before the liberalizing breezes of the Second Vatican Council, and one that was explicitly endorsed by Pope John Paul II. During the Vatican Council Küng was an adviser to the West German hierarchy. His moderate reformist concepts won the admiration of, among others, the Polish bishop who became John Paul II. But since the council, Kung has more and more acted as a kind...