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Saji inherited his love for birds, along with his company, from his father, Shinjiro Torii, who at the age of 20 founded Suntory (the very name means "three birds"). In 75 years the company has expanded its output from one dessert wine to 118 products; it now holds more than 70% of the whisky market in Japan, which is second in size only to the U.S. market. With his own nest well feathered, Saji is able to turn to nonbusiness efforts. He sponsors two existing bird sanctuaries, plus another being established around one of his distilleries outside Kyoto. His company...
...stories and articles on such subjects as "Do Rich Women Quarrel More Frequently than Poor?" as well as a column signed "Barbara." But one journal could not contain him; Bennett had realized that he could write anything. Within a few years it was a critical commonplace to grade his output: Prime Bennett (literature), Pure Bennett (for fiction lovers), and Just Bennett (for those who read anything...
...American corn crop of only 4.96 billion bu.-12% less than last year's harvest and a startling 26% below the record production predicted earlier (see chart). The soybean crop will be down even lower: it is now projected to be 16% below last year's record output of 1.6 billion bu. and 15% under earlier estimates. The wheat harvest, estimated at 1.84 billion bu., will still top last year's, but by only 8% rather than the 27% predicted in forecasts back in the spring. Total U.S. production of all crops is now expected to drop...
...U.M.W.'s unusual contract permits the "memorial" shutdown; in fact, it allows ten days for memorial closedowns during the life of the pact. Thus Miller can and probably will call another five-day "memorial" walkout in the middle of bargaining, and the nation could lose considerable coal output, even without an official strike. The coal industry's bargaining arm, the Bituminous Coal Operators Association, tried to talk the U.M.W. out of the shutdown, contending that it will cost miners and other employees $25 million in wages and $7 million in royalty payments to the union's welfare...
Persistent Problems. But the relief was tempered by a realization that the transfer of power by itself would do little to solve the economy's persistent problems of rampant inflation, sky-high interest rates and declining output. Both sides of the mood were successively illustrated on Wall Street, where the Nixon years have been mostly bearish; though the Dow Jones industrial average hit its alltime high of 1052 in January 1973, at the beginning of last week it stood 180 points below its level on Nixon's Inauguration Day in 1969. In the first three days of last...