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...Legislation that would give airlines and truckers less governmental protection against competition from new firms entering their industries, plus inducements to merge for greater efficiency and permission to alter some rates without CAB or ice approval...

Author: /time Magazine | Title: INFLATION: Fighting the Regulatory Fiefdoms | 5/12/1975 | See Source »

...fortune and glory, instead of staying at home with Solveig, the woman she loves him. Peer travels not only from Norway to Africa, peasant's hut to mad house, and youth to old age, but into a fantasy world as well. And the trolls and amorphous spirits he meets alter his life so drastically that the border between reality and fantasy becomes obscure...

Author: By Ira Fink, | Title: Too Many Frills in the Norwegian Woods | 5/8/1975 | See Source »

...criticized by politicians for lavishing too much of their resources on high-yielding multinational investments and not enough on low-cost housing and other socially desirable projects in their own localities. Last week the New York State legislature moved to resolve the issue in a way that could conceivably alter the face of banking across the country. The Assembly's Committee on Banks began a series of hearings on a strongly supported bill to create a publicly financed, state-operated bank that would compete for business with private financial institutions...

Author: /time Magazine | Title: BANKING: New Yardstick | 5/5/1975 | See Source »

...strong right arm." Though his title was associate director (he was responsible for administration and investigation activities), Tolson handled a pistol convincingly in many of the spectacular arrests that built the FBI's G-man image in the 1930s. But mainly he was the director's loyal alter ego: he shared J. Edgar's bulletproof Cadillac, his meals, his afternoons at the race tracks, and inherited the bulk of his $551,500 estate when Hoover died...

Author: /time Magazine | Title: Milestones, Apr. 28, 1975 | 4/28/1975 | See Source »

Central Market. Much of Wall Street's long-range future will be determined by pending legislation that would drastically alter the structure of the securities markets. Stalled last year because of successful lobbying efforts by the securities industry, the revived measures have now cleared the Senate and are likely to pass the House by the end of this month. Among their many features would be an order to the SEC to begin moving toward establishing a single, truly national securities market, supplanting the hodgepodge of regional exchanges that now exist. Some actions have already been taken toward the "central...

Author: /time Magazine | Title: WALL STREET: Prosperity Blunts 'Mayday's' Edge | 4/28/1975 | See Source »

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