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Allyn built new factories at Augsburg and Berlin, put up others in Scotland, Sweden, France, Brazil, Japan. Then came the new products: registers and calculators of every description. N.C.R. developed an automated electronic bookkeeping system for banks, added sales of $70 million in the first two years the system was on the market...

Author: /time Magazine | Title: Business: STANLEY CHARLES ALLYN | 1/11/1960 | See Source »

Happy Papa. Cribmaking reached a peak in the 17th and 18th centuries, and there were no inhibitions against anachronism; in one Augsburg crib the Annunciation takes place in a miniature Louis XVI drawing room with the Angel Gabriel dressed like a court page...

Author: /time Magazine | Title: Religion: The Rich Poverty ... | 12/28/1959 | See Source »

...late 15th century, the financial empire of the Fugger Brothers blanketed Europe as Fugger linen left to bleach in the sun once covered the meadows around the fortress city of Augsburg, where the family fortune began. Brother Jakob was the genius of the Fuggers, buying silver mines in the Tyrol, exporting textiles, metal and salt to lands beyond the seas, bringing back rare spices, furs and fruit. Almost one-third of Augsburg's 34,000 people were employed by the Fuggers, and kings and emperors knocked on Jakob's door for funds to wage...

Author: /time Magazine | Title: WEST GERMANY: Rent Bargain | 4/6/1959 | See Source »

Before he died in 1525, Jakob erected a monument to his family in their native Augsburg. With an impressive endowment fund of 76,000 Rhenish guilders, he built a little walled city within the city: six streets containing, in all, 53 double-story houses in neat rows. It was the world's first privately subsidized housing project. Its tenants were limited to poor Roman Catholics who "must lead a decent, Christian life" and who agreed to say a prayer once a day for the Fuggers...

Author: /time Magazine | Title: WEST GERMANY: Rent Bargain | 4/6/1959 | See Source »

Lutheranism - and Protestantism-came formally into being 16 years before Luther's death with the public reading on June 25, 1530, of the Augsburg Confession. This official summation of the doctrinal position of the Lutherans was drawn up by Philip Melanchthon, Luther's wise and temperate friend, and like Luther a well-founded theologian. This and two later creedal statements are included in the Book of Concord of 1580 and supply the Lutheran answers to almost every spiritual problem the Christian soul is prone to-Anti-Trinitarianism, humanism, Pelagianism, synergism, determinism, Manichaeism, spiritualism, enthusiasm, sacerdotalism, sacramentalism, mysticism, asceticism...

Author: /time Magazine | Title: Religion: The New Lutheran | 4/7/1958 | See Source »

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