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...business too much without putting enough pressure on big business. Bankers, businessmen and economists alike think an inquiry is long overdue, not only into FRB's present policies but into the whole U.S. financial system, public and private. Members of the American Bankers Association and such experts as Allan Sproul, retired president of the Federal Reserve Bank of New York, have recently called for a study. A month ago an advisory panel of bankers and economists to the Senate Banking Committee backed the idea. Last week Texas Representative Wright Patman introduced a resolution into Congress calling for a sweeping...

Author: /time Magazine | Title: US FINANCIAL SYSTEM: U.S. Financial System | 1/21/1957 | See Source »

...Adventists, for their part, announced that they would publish-probably next spring-a new, definitive statement of their faith. Said Roy Allan Anderson, secretary of the Seventh-day Adventist Ministerial Association: "Because of certain features of our belief which have too often been misunderstood and at times misstated by others, some well-meaning Christians have commonly classified us with the non-Christian cults ... It is very possible that we ourselves share in the responsibility for this misunderstanding, because of our failure to state clearly what we believe on these fundamental issues and our failure to place chief emphasis where...

Author: /time Magazine | Title: Religion: Peace with the Adventists | 12/31/1956 | See Source »

...images of terror half-seen in the corner of a mirror, and sad, lost fools-testify to his view that in art "everything is done through docile submission to the 'unconscious.' " Redon found a meager market for his nightmares, eked out a living illustrating books, including Edgar Allan Poe's "The Raven," and peddling his prints to dealers...

Author: /time Magazine | Title: Art: Painter of Dreams | 12/31/1956 | See Source »

...most influential and readable of Victorian novelists. In an age when the three-volume serialized novel offered mostly narrative sprawl and chaos, Collins fashioned plot lines of watchwork precision for 36 separate books, including his masterpieces, The Moonstone and The Woman in White. Like his U.S. literary lookalike, Edgar Allan Poe, Collins used words as black magic to conjure up horror, doom and desolation. Some of this was sheer melodramatics, but in part it foreshadowed the revolt of the natural man against an age of prudery. Compared to his friend Dickens, the English writing colossus of the century, Collins...

Author: /time Magazine | Title: Books: Weird Wilkie | 12/31/1956 | See Source »

...first ancestor of Hamlet was "a serious play of modern life" by Allan Davis '07 entitled The Promised Land. Produced on December 15, 1908, it dealt with the efforts of a Jewish European diplomat to lead his co-religionists back to Palestine...

Author: NO WRITER ATTRIBUTED | Title: Dramatic Club Becomes 100 Productions Old | 12/13/1956 | See Source »

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