Word: depressions
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Dates: during 1970-1979
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...royalty assurances, then, they can only work if they are written into U.S. law. The prospect of such a bill ever getting to Congress is, naturally, viewed askance by many dealers and most collectors, who contend that it would diminish or even wreck the art market, depress prices, and discourage new collectors. These critics raise other objections: Why should an artist be entitled to a piece of the profit every time his work is resold when an architect, say, must settle for a single flat fee for designing a building that may be resold a dozen times? What...
...Marijuana acts, at least in part, by temporarily depressing the nervous system-apparently without serious effect. But a team of researchers from Columbia University's College of Physicians and Surgeons reports in Science that the drug can also depress the immune system, which helps protect the body against disease organisms. The team bases its report on a study of 51 young men and women who used marijuana regularly. Taking T-lymphocytes, or immunologically active white blood cells, from the pot smokers and from 81 healthy, nonsmoking volunteers, the doctors mixed the cells in test tubes with substances known...
EXPORTERS and companies with extensive foreign operations could be hit. The reason is that the Arab oil production cutbacks are likely to depress industry in Europe far more deeply than in the U.S. Argus Research Corp., which analyzes securities, speculates that reduced capital spending in Europe will hurt Westinghouse worse than General Electric, whose foreign operations are mostly in Canada and South America. Kaiser and Alcoa, which market little of their aluminum abroad, will not suffer as much as Alcan Aluminium and Reynolds Metals, which...
...football season, the nation's premier telephone quarterback, Richard Nixon, signed legislation banning television blackouts of home games sold out 72 hours in advance of the kickoff. That will enable tens of thousands of local fans to watch their favorite teams play, though owners fear that it might depress ticket sales. Houston got ready for this week's show-biz spectacular in the Astrodome−the tennis match between Bobby Riggs and Billie Jean King. In Pittsburgh, 51,860 people, some after enduring a twelve-mile-long traffic jam, toured the first jumbo jet to land...
...greatest obstacle to increasing output is not technical but psychological: the farmer's traditional fear that if he grows everything he can, he will only produce a glut that will depress prices. That attitude may seem totally irrational, given the almost hysterical state of current markets, but in fact farmers have some reason for regarding the present deluge of world demand as an abnormality that will soon pass. It has been caused by an extraordinary combination of temporary factors: bad weather round the world; crop failures in Africa, Asia and the Soviet Union; a decline in the catch...