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In the five years since Reagan left the governorship, his finances have become increasingly difficult to track. The public record contains only fragments of data. He reported a 1975 income of $282,253 and a net worth of $1,455,000. He owns two major pieces of property: the Pacific...

Author: /time Magazine | Title: Nation: Reagan's Money Machine | 7/7/1980 | See Source »

Thompson and Murphy denied guilt, but under House Democratic caucus rules, both resigned their committee chairmanships pending the outcome of their trials. As part of the Abscam investigations, the federal grand jury in Brooklyn is now hearing evidence against New Jersey Democratic Senator Harrison Williams. The Brilab operation, targeted against...

Author: /time Magazine | Title: Nation: Again the Sting off the Scam | 6/30/1980 | See Source »

Under federal acts of 1902 and 1926, intended to preserve the small, single-family farm, Congress limited cheap water to landholdings no larger than 160 acres. But a law that took effect in 1929 was viewed by the Federal Government as exempting the Imperial Valley, and water from the Colorado...

Author: /time Magazine | Title: Law: Cheap Water for a Lush Valley | 6/30/1980 | See Source »

Last week at his home in Carson City, Nev., Oliver welcomed the minicoup. Eventually he hopes to move to Santo, where he plans to operate a 2,000-acre sugar plantation. "The islanders want development," he says. "They want electricity and roads and jobs. They don't want to...

Author: /time Magazine | Title: NEW HEBRIDES: Coup in Paradise | 6/16/1980 | See Source »

Mason runs his business from an elegant boathouse office on the St. Johns River in Jacksonville, Fla., where the self-described "frustrated hermit" can survey both his flourishing accounts and his lush 75-acre estate. Starting out with a motley collection of Florida mortgage, banking and land-developing firms, Mason...

Author: /time Magazine | Title: Business: Magna Charter | 6/16/1980 | See Source »

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