Word: woods
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Dates: during 1970-1979
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March 17: Chief negotiator Harlington Wood returns from White House with peace proposal; AIM burns it the next...
March 25: Kent Frizzell replaces Wood as negotiator...
March 31: Negotiations reopen, first talks since AIM burned Wood's proposal...
...ANGARA VALLEY, north of the old caravan-crossroads city of Irkutsk, is being opened up through dams on the Angara and Yenisei rivers. Nearby will be smelters, wood industries and chemical factories. The Russians' pride is the $1 billion Bratsk Dam, which was completed in 1964 after ten years of hardship and which contains as much masonry as the Great Pyramid of Cheops. "That was our October," says one veteran, using the image of the Russian Revolution to describe the days when construction workers lived in tents at temperatures of 60° below zero. Today the effort is being...
...mandatory controls, lumber prices were supposed to be held close to the relatively low level at which they had been caught by the 1971 price freeze, but as home-building demand soared shortages developed, and loopholes in the Phase II regulations allowed mills to sell the same types of wood at vastly different quotes. Trying to cut through the confusion, the drafters of Phase III designed a special provision allowing higher-than-normal lumber-price boosts if they seemed necessary to ensure "efficient allocation of resources." Result: an inflationary spiral that is causing more worry than anything except the jump...