Word: worth
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Dates: during 1970-1979
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...assert that people don't live as well as they used to, or as carefully as they used to, or as high as they used to. They instinctively retreat to the past for their heroes. The next generation, the storytellers' audience, is left to figure out which characters are worth emulating, which adventures are worth repeating, and which are best dismissed as the folly of another time. The storytellers can't know what will be of use; it is not theirs to act upon the lessons their history offers...
...Republican leaders, including New York Congressman Jack Kemp, toured the country for three days last month in what they called a "tax blitz." At the cost of $150,000 for the trip, the Republicans figured they got $2.5 million in free publicity. But their live audiences were hardly worth the effort...
China and Taiwan employ the same system in competing for defectors. Prices in Taiwan for Communist pilots range from 6,000 taels of gold (worth about $900,000) for a defector flying a late-model TU-16 bomber to 500 taels (about $75,000) for a pilot with an obsolete cargo aircraft. So far, four pilots have qualified for rewards, the latest in July 1977. Mainland China offers higher prices - up to 7,000 taels (about $1,050,000) for a Nationalist pilot in a Phantom fighter - but so far there have been no takers...
...well-prepared winter visitor brings long Johns and sweaters. In summer he comes with short-sleeved wash-and-dry shirts. There are no neckties in China. The climate in summer is a sauna bath; almost everything worth seeing requires climbing. A must in any season is Lomotil or another anti-diarrhetic, and throat lozenges, to combat the dust and coal smoke in the air. The F.F. must be prepared in advance for the virtual or entire absence of: air conditioning, ice water, ice cubes, ice cream, poached eggs, hamburgers, French fries, lamb chops, orange juice, cocktails, nightclubs, good grape wine...
CORPORATIONS. To them, selling the dollar is mere prudence. A Japanese company may book an order to deliver $1 million worth of steel to the U.S., with payment due in 30 days. Rather than wait to receive the dollars, which by then might be worth fewer yen, the company quite probably will immediately sell $1 million for as many yen as it can get, with the dol lars to be delivered in 30 days. U.S.-based multinationals do essentially the same thing. Hercules Inc., a major chemical company, in 1971 negotiated a five-year loan in Swiss francs, on terms...