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...first place, the index is not supposed to be a true measure of the cost of living. As the Bureau of Labor Statistics points out, it is only a measure of what families in the under-$10,000-a-year bracket, living chiefly in cities, pay for the "market basket" of 300 goods and services that such representative families presumably buy. The index shows the price increase since 1947-49, the base year, but no economist regards it as reliable except for the short...

Author: /time Magazine | Title: THE COST OF LIVING: The Index Is Misleading & Incomplete | 11/11/1957 | See Source »

...been writing," he exploded in accusation, "I don't know how in hell you found time ... I admit I didn't want you to." Thereupon he wrote Thurber out of the imagined society of efficient journalists and treated him as a sort of basket case. "I was a completely different man," writes Thurber ". . . one of the trio about whom he fretted and fussed continually-the others were Andy [E.B.] White and Wolcott Gibbs. Our illnesses, or moods, or periods of unproductivity were a constant source of worry to him. When I was . . . undergoing a series of eye operations...

Author: /time Magazine | Title: The Press: ROSS THE EDITOR | 11/4/1957 | See Source »

...Szena Square only a rare pockmark remains. On the corner where the fighting was most savage, an old woman stands, basket in arm, selling hens. On the surface normalcy has returned. Grass and flowers now surround the tree where an AVH (secret police) colonel once hung. Gone from the parks and squares are the temporary graves of the Freedom Fighters. The Russians have made a tremendous effort to dress up the country. As a result, Hungary has been provided with the highest standard of living behind the Iron Curtain-the well-traveled say Budapest lives better than Moscow itself. Food...

Author: /time Magazine | Title: HUNGARY: Budapest: One Year Later | 10/14/1957 | See Source »

...with his mattock chops a hopeless furrow which the wind fills silently behind him."Who digs the land,"the Indians say, "digs his own grave." He pauses, arrested in a Mexican Angelus. Somewhere in this howling world, in a bare mud hut, his child is crying in a basket, and by a tiny fire his wife slaps stolidly at a small tortilla that will be his only supper. The heart of the Indian fills with dread. If he cannot make some money soon, they will all starve. If only he had a cow, he could sell the milk...

Author: /time Magazine | Title: Cinema: The Roots | 9/30/1957 | See Source »

Some makers are already off to a good start in taking their eggs out of the military basket. This year's civilian orders are up 600% for Rem-Cru Titanium Inc., owned jointly by Remington Arms Co. and Crucible Steel Co. of America. The total is still small, but a few big contracts are beginning to roll in. Last week Freeport Sulphur Co. ordered about $500,000 worth of titanium tubing from Titanium Metals Corp. of America to carry a highly corrosive ore slurry at Freeport's new nickel and cobalt mine in Cuba...

Author: /time Magazine | Title: METALS: Fiasco in Titanium? | 9/16/1957 | See Source »

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