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Into London's Anglican Church of St. Vedast last week filed a rare body of worshipers-150 executives and employees of Courtaulds Ltd., Britain's biggest textile manufacturer, to offer corporate thanks for their "deliverance from anxiety." The cause of their rejoicing: the failure of giant Imperial Chemical Industries Ltd. in its $596 million bid to swallow up Courtaulds and thereby achieve a near-monopoly of Britain's synthetic fiber industry. In the biggest takeover fight in the history of British business, I.C.I, had managed to acquire only 38.5% of Courtaulds' outstanding common shares-enough...

Author: /time Magazine | Title: Business Abroad: The Takeover that Failed | 3/23/1962 | See Source »

Long Adultery. The letters were written to an Anglican priest stationed near Boston, Mass., who had known her slightly many years before and had written her in 1950 to say he liked one of her books...

Author: /time Magazine | Title: Books: Not for Burning | 3/16/1962 | See Source »

Late Regret. It is difficult to see how. Their religious element is mostly discussion of erudite Anglican minutiae and spiritual snobbisms that are more likely to chill the unconverted than warm them. They are loaded with off-the-cuff comments that Rose Macaulay herself would have been distressed to see in print. And it is doubtful that many sinners will be changed by her moving repentance of her life's love: "I told you once that I couldn't really regret the past. But now I do regret it, very much . . . Not all the long years of happiness...

Author: /time Magazine | Title: Books: Not for Burning | 3/16/1962 | See Source »

Discipline Dulls. Founded 25 years ago, Burgess Hill operates on the hopeful theory that freedom breeds responsibility, not license. This exactly suits Headmaster East, 46, a bachelor who believes that discipline dulls the spirit. The son of a professional soldier, East once aspired to be an Anglican priest, studied theology after Cambridge. When a wartime stint in the R.A.F. eroded his faith, he turned his fervor to children. Eight years ago, he took over Burgess Hill "to establish a community in which the individual can find out for himself the extent to which he must curb his personality...

Author: /time Magazine | Title: Education: School Without Rules | 3/9/1962 | See Source »

...Presley at his prime had challenged Cardinal Spellman to a theology debate on NBC. For in England, mop-haired Adam Faith, 21, is the current king of rock, and last week he argued religion for half an hour on BBC-TV with the Most Rev. Frederick Donald Coggan, 52, Anglican Archbishop of York. Faith proved rather more than the archbishop had bargained...

Author: /time Magazine | Title: Religion: Archbishop Outpointed | 2/9/1962 | See Source »

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