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...Judging from my own noise and the band's volume output during the last concert I attended, I should be filed in the Heavy Metal category of rock fan [June 24]. But wait a minute-I have grown up with two professional musicians (classical and jazz) in my family, so I should also be a Listener, especially since my favorite group is the Moody Blues, right? But then my favorite solo artists are Cat Stevens and Joni Mitchell, and I love romantic ballads and such, so I'm a Squeaky Clean also. What an identity crisis...
Romeo and Juliet is unique in Shakespeare's output for containing, in the Chorus' Prologue, the playwright's own view of the overall import of the sad outcome, which he attributes to evil destiny and the parents' feud. Romeo and Juliet themselves are not tragic figures in the classical sense. It is the parents who exhibit a "tragic flaw," and thus are made to suffer through the needless loss of their children...
...foreign report was even worse. Population growth, compounded by serious droughts in Africa and Asia, has literally eaten up all the increased food output achieved by poor nations over the past decade, leaving their citizens as ill fed as ever, the experts found. To bridge the gap, McGovern recommended that the U.S. set up a $20 billion "Plowshares for Peace" program that would build stockpiles of food for needy nations to draw on. That is another idea that seems unlikely to be adopted: Agriculture Secretary Earl Butz, who will present the Nixon Administration's proposals for solving world food...
...move with ironic consequences in light of their stated desire to lower prices. Under the complicated oil pricing system, the four American oil companies (Exxon, Texaco, Standard of California and Mobil) that have part-ownership of Aramco will have to "buy back" 60% of Aramco's daily output at 93% of the posted price, raising the market price of Saudi crude by about $1 per bbl. But when the Saudis take complete control of Aramco, they will have to set directly whatever price they think suitable-and the world is waiting to see how low it will...
...past four quarters; in the first quarter of 1974 it fell at an annual rate of 5.6%. That is a longer and deeper drop in purchasing power than occurred during any of the five recognized U.S. postwar recessions. Unfortunately, employers cannot absorb outsized wage increases through higher productivity. Output per man-hour of the nonfarm work force actually dropped at an annual rate of 3.5% in the first quarter. Thus a wage explosion will only force more of the price increases that have made past pay rises meaningless...