Word: heath
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Inspired by the early success of U.S. controls, Edward Heath's Conservative government has imposed a variety of price restraints. Even so, food prices have gone up 7.2% since January, and consumer prices as a whole 4.3%. The inflation rate is still 9% per year. To slow it, Heath this month announced his Phase III-to a national chorus of "Let's-wait-and-see" doubts. Sometimes indeed it seems as if the whole country is suffering from what Author Arthur Koestler calls the "Struthonian Effect" -or the Ostrich Syndrome...
Inflation, caused at least in part by the worldwide rise in commodity prices, is only one of Heath's problems. Projections show that if the economy does not pick up, Britain, which started off the '60s as one of the richer countries in Europe, within a decade or so may be competing with Portugal and Spain for last place in terms of per capita wealth. In the past decade, Britain's gross national product has risen more slowly than any other European nation's, and the country has had the lowest growth in such consumer goods...
...Heath's solution has been to push Britain into the Common Market-a step he accomplished last January-and give a hearty shove to industrial expansion with subsidies and tax incentives. Though he now claims that "the results are beginning to show," all that his opponents can see is inflation and the huge Common Market trucks that now lumber along sleepy English roads. So big are the Continental juggernauts that ancient English villages are literally being shaken to their foundations. Instead of decreasing, as everyone expected, popular opposition to the Common Market has grown into a clear majority...
...will withdraw their troops from Ulster. But the bombings could also backfire and stiffen British resolve to stick it out. Late last week, the I.R.A., which had previously refused to confirm or deny responsibility for the bombings, virtually admitted its guilt. In a statement addressed to Prime Minister Edward Heath, the Proves warned: "We shall strike when and wherever we deem it necessary...
...letter-bomb campaign was hardly the most auspicious omen for a visit by Prime Minister Heath to Belfast last week-his first since Ulster's provincial elections in June. Heath had billed his two-day visit-its ostensible purpose was to attend a memorial service for former Prime Minister of Ulster Lord Brookeborough-as a "stocktaking" trip, to find out why Ulster has not made more progress in figuring out a way to govern itself. In reality, it was probably closer to tail-kicking. The Prime Minister has carefully avoided making any threats that the British might withdraw their...