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...Reagan's "zero-option" proposal, to eliminate all intermediate-range nuclear missiles from NATO and the Warsaw Pact: Reagan's slogan here is no missiles on either side-no Soviet SS-20s, no American Pershing Us [or ground-launched cruise missiles]. We could do the same thing. Tomorrow we could come out with our own program for deploying Soviet missiles near the U.S., say in the north somewhere, and then offer not to go ahead with that deployment if the U.S. would give up the MX [America's still undeployed ICBM]. That is fine as propaganda, perhaps...

Author: /time Magazine | Title: In Moscow, Maybes amid the Nos | 6/21/1982 | See Source »

...company's outstanding stock on the open market at an average price of $44.28 a share. Later, the price of Cities Service shares slipped sharply, as did those of most other oil stocks. By late March the company's shares were hovering in the low $20s...

Author: /time Magazine | Title: Texas-Style Takeover | 6/21/1982 | See Source »

...They say the movie stars used to live here in the '20s," says Douglas Meltzer, 59, a former aircraft worker and a long time Hollywood resident who is out for a morning stroll. Meltzer's father came to Los Angeles to play violin in the orchestra of the Million Dollar Theater, another of Showman Sid Grauman's grandiose palaces. Meltzer, an earnest man with bushy eyebrows, wispy white hair and a chuckle for punctuation, remembers the Hollywood he knew then...

Author: /time Magazine | Title: In California: A Fading Hollywood | 6/14/1982 | See Source »

Helen (Karen Allen) is in her early 20s and studying for a degree at Radcliffe under the spartan tutelage and omnipresent care of Annie (Jane Alexander), who is now 37. Into this antiseptic den of discipline walks a former Harvard instructor of English, 25-year-old John Macy (William Converse-Roberts), who is applying for the job of editing some articles that will eventually grow into Helen's autobiography. An ardent socialist, John foists a couple of books by Karl Marx on Annie and, before five minutes go by, steals two highly subversive kisses. The haunting note of bliss...

Author: /time Magazine | Title: Theater: The Odd Trio | 6/14/1982 | See Source »

DIED. W.R. Burnett, 82, writer of 34 taut novels (Little Caesar, The Asphalt Jungle, The Dark Command), many of which he then honed into classic screenplays; in Santa Monica, Calif. A taste of Chicago-during the '20s gave Burnett a gritty sensibility that marked his work over half a century and provided memorable roles to such tough-guy stars as Humphrey Bogart (High Sierra) and Alan Ladd (This Gun for Hire). Not long ago, he observed of life: "You're going to have trouble and you die-that much you know. And there's not much else...

Author: /time Magazine | Title: Milestones: May 10, 1982 | 5/10/1982 | See Source »

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