Word: counting
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Dates: during 1970-1979
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...more than a mile square lying 20 miles off Panama in the Pacific Ocean. Part of a necklace of 226 other islands called Las Perlas (The Pearls), Contadora earned its name -Spanish for counter-during the 16th century when it was used by the Spaniards as a place to count their catch from the surrounding pearl-rich waters. In the 1920s, a mysterious disease killed off the oyster beds, and for decades Contadora remained just another of the obscure-if beautiful-islands that speckle the Gulf of Panama. Then, in the late 1960s, the motorboat of the wealthy Lewis conked...
...first in town to get a wood stove, in 1973, because I went broke from electric heating bills." Since then, Skow has spent much of his autumn harvesting hardwood on his property, hauling it home in his temperamental pickup truck and burning it efficiently in his five-count 'em, five-woodburning stoves. The trend he pioneered in New London and discusses in this week's story has become a way of life for Skew's neighbors. Says he: "You get parties up here where home are not talking about adultery or Iran, but about the superior quality...
...weakening the dollar.* Overall, the combined balance of payments deficit for all industrial nations would climb from this year's $16 billion to perhaps as much as $40 billion in 1980. Developing nations would be hurt worst, since many of them have no exports of real value to count on at all. Their debts, which already total some $300 billion, would swell by perhaps another $60 billion, requiring poor nations to borrow yet more billions...
...afford it along with their local evening paper. It is also being pinched hard by inflation and high energy costs. "The newspaper was built on the idea of cheap gas, cheap newsprint and cheap reporters," says Gartner. "It's a new game now." Fortunately, though, the paper can count on some old and deep loyalties. Explains Reporter David Yepsen: "The Register is part of the Iowa experience, like tall corn and snow days home from school...
...tribe of pennies. "C'mon folks, if you give a little more, I won't play so badly. I teach at Julliard, really. Here's a little Mozart for you." He stops after four measures, scratches at his cap and uses the bow as a pointer to count the coins in the case. "Thanks folks. More." Outside the glass door, all the limos have gone home...