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...pinch on U.S. supplies of grain and beef is only part of a worldwide scarcity of raw materials. For almost every important commodity - meat, wheat, rice, soybeans, wool, cocoa, copper, lead, rubber- world production is falling behind ravenous demand, and hectic bidding for supplies is rocketing prices. A Reuters index of commodity prices leaped 91% in the twelve months ended July...

Author: /time Magazine | Title: SHORTAGES: The Worldwide Squeeze | 8/20/1973 | See Source »

...WOOL: A long period of low prices and drought cut the sheep flock in Australia, the major supplier, from 180 million in 1970 to 142 million last March. Since 1970-71, prices have soared from...

Author: /time Magazine | Title: SHORTAGES: The Worldwide Squeeze | 8/20/1973 | See Source »

...hold of the metaphors in the book. He imagines Marilyn as a Napoleon of publicity who meets her end on a Fifth Helena Brentwood. As a starlet who made it seem easy as "ice cream." As a protean personality of opposites, sentimentality and Grand Bitchiness, soft as lamb's wool and cruel as steel; and finally Mailer has her at her core of sexual power bigger than any man she ever meets. Her movement is towards bigger and bigger fantasy kingdoms, from DiMaggio to Miller to some magical state of Princessdom--she has been rumored to have been offered...

Author: NO WRITER ATTRIBUTED | Title: Mailer/Monroe: The Moth and the Star | 8/14/1973 | See Source »

...Valentino's salon, newly decorated with mirrored ceilings. Presumably resigned to the realities of urban smog, the designer has given up on white for coats, showing tones that range from golden beige ("oat") through bottle green. Those without fur collars were finished off with a fringed wool challis square folded in a triangle around the neck. Valentino's most famous client, Mrs. Jacqueline Onassis, visited Rome before the collection had been completed for preview; she ordered some clothes from drawings and will see the full embodiment next month in New York...

Author: /time Magazine | Title: Modern Living: Rags for the Richest | 8/6/1973 | See Source »

...some of the causes of inflation seem almost beyond government control. European refiners have had to swallow a 17% rise in the cost of Mid dle Eastern and North African oil in the past six months, and some textile mills are paying 40% to 50% more for cotton and wool, partly because purchases by the all-consuming Japanese have shrunk supply. The most volatile commodity of all is the $80 billion in Eurodollars, spilled out of the U.S. by past excessive American spending, that ricochets from country to country, feed ing inflation by swelling the available money supply...

Author: /time Magazine | Title: WESTERN EUROPE: Prices Outpace the U.S. | 7/9/1973 | See Source »

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