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With good reason obviously. Although the princes at one point were $2 million ahead, they went on to prove that old axiom once formulated by Casino Founder Camille Blanc: "Money won by gamblers is just money loaned." The sheiks kept on gambling and not only blew it all but racked up losses of more than $6 million...

Author: /time Magazine | Title: MONACO: Chancing Sheik to Sheik | 10/21/1974 | See Source »

...Washington Star-News for the lead on its story about the polit ical fallout of Congressman Wilbur Mills' gamy brush with police in Washington (see THE NATION). The article began: "Never get caught in bed with a dead woman or a live man. - Old Political Axiom." It went on to say that Mills "has not violated, so far as is known, that guiding proverb." In fact, as the paper's editors were surely aware, first reports concerned booze rather than sex. There were three women and an other man in the Mills car, and all were both living...

Author: /time Magazine | Title: The Press: Old Axioms | 10/21/1974 | See Source »

...rejection Tuesday of the recommendations of a committee chaired by Kenneth T. Arrow, professor of Economics, adds more data to the axiom's proof...

Author: By Walter N. Rothschild iii, | Title: Keeping Out the Radicals | 5/3/1974 | See Source »

...axiom in Cambridge that the city council resembles nothing more than an erratic circus, and rent control is its most dependable elephant. In a city with a large number of renters who are well-organized by tenant and community groups, debates over control have been the council's most popular business for the last six years...

Author: By Lewis Clayton, | Title: The Town Comes to Circus | 4/29/1974 | See Source »

...promptly dubbed Chang Yanne by one Paris wit) wasted no time cashing in on the tempest in a China teacup. He coined a helpful publicity slogan: "The film that frightened 800 million Chinese." He also invented a few fake Chinese proverbs, attributing them, naturally, to Confucius. Sample axiom: "Marxist philosophy can very easily be reconciled with foie gras. "More seriously, he argued last week: "If the cinema is going to cause diplomatic crises, then it's time to worry about the mental health of the great powers...

Author: /time Magazine | Title: DIPLOMACY: Peking's Pique | 3/11/1974 | See Source »

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