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Involvement in the oil industry in particular is growing. Most recent of a spate of aid-investment programs is a private $40 million loan to Indonesia's Petramina for guiding oil tanks and pipelines in Western Java. The late-February loan made by the Japanese companies Mitsui and Marnbeni-lida, is to be repaid in oil exports to Japan...
Stravinsky's death will probably lead to a spate of evaluations of his effect upon the art. Many pages will be used up, many hours will be spent, but the net of it all will be merely to prove that he was the composer of the century, the man who set the tone for composers of his age, and for ages to come...
...budget. Beyond that, the pressure will be on her to produce some solutions to India's myriad problems-inflation, a sluggish economy, unemployment, poverty. Hovering over all of these are the twin specters that have haunted the nation from its birth in 1947. One is the spate of ethnic, religious and linguistic divisions that have always threatened to tear the country apart; even today there are no fewer than 14 official languages and 845 dialects, as well as numerous castes and religions and countless sects-a forbidding recipe for unity. The other problem is a fast-growing population that...
...Beginning in the Wisconsin forests. Laura, her sisters and their parents trek west by wagon into Kansas (Little House on the Prairie), then up to Minnesota (On the Banks of Plum Creek") and finally west again to South Dakota, beset along the way by grasshopper plagues, blizzards, rivers in spate and midsummer droughts that "cook the grains in the milk." Treated with a minimum of sentimentalizing (less and less in the later books, which are progressively directed toward slightly older readers), the Ingallses' frontier life comes through as an intermittently brutal testing process. Scarlet fever blinds Sister Mary: blackbirds...
Early last week a spate of more than 50 tornadoes churned furiously through portions of Mississippi, Louisiana and Tennessee, uprooting and smashing everything in their path, leaving behind more than 100 dead, thousands homeless and property damage in the tens of millions of dollars. One of the hardest hit was the Mississippi Delta town of Inverness (pop. 1,119), which suffered 90% destruction in its business area, the loss of nearly three-fourths of its residential dwellings and 18 deaths. TIME Correspondent Rich Rein toured stricken Inverness. Here is his report...