Word: accountable
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Dates: during 1960-1969
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...view with alarm TIME'S account [Sept. 12] of our present wheeling-dealing man in the White House(s). It used to be comforting that Truman was satisfied to be poor; that Eisenhower achieved security through royalties; that Roosevelt and Kennedy possessed inherited wealth; and that even L.BJ. had Lady Bird. But will a President who has already gained so much from inflation, and who stands to gain so much more, feel impelled to fight it for the rest of us? Maybe "Nixon's surprise call for milder tax reform" isn't so surprising after...
Price Police. In the wake of his 121% devaluation of the franc, Pompidou launched an austerity program that featured a freeze on most prices. Despite the efforts of the Finance Ministry's "price police" - an army of footsore men in serge suits who carry large account books and check prices in thousands of shops - France's legion of small shop keepers almost immediately began pushing prices up. In Paris, roughly 1 in every 10 shopkeepers broke the line and marked up prices an average of 5%. Last week the workers, reacting to the austerity program, were staying home...
...does marijuana affect a normal, successful adult? The following account was written for TIME by a married 29-year-old Ivy League college graduate. He is levelheaded and ambitious, and works a taxing 50-hour week at a responsible job. He began turning on eight months ago, now uses marijuana twice a week on the average. He is not trying to persuade anyone else to follow his example...
Students who wish to charge at the Coop will have to register for a new card. One side of the card will be similar to the old Coop card and will display the old number. The other side will be a Charge Account Plan (CAP) card, which can be used throughout New England. Students who wish to make all purchases by cash may continue to use the old Coop card...
...Coop is essentially in the cash business now," said acting Coop manager Al Zavelle. "If a member buys something for $10, the bank immediately credits our account with $10," he said...