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...soothe both sides, the subcommittee suggested that its chairman, Louisiana's Overton Brooks, approach Pentagon and National Guard with a compromise: institute until June 30, 1958 the eleven-week training plan for 17-18½-year-olds, with a bonus for six-month volunteers, i.e., instead of spending the remainder of their eight-year military obligation in the Guard, they could shift after three years to the Standby Reserve. Largely amenable to the compromise. Guard officers were nevertheless rankled by the Army's permitting Generals Guerard and Green to testify. Snapped Walsh: "The Army is guilty of playing...

Author: /time Magazine | Title: ARMED FORCES: It Was Murder | 3/4/1957 | See Source »

...Well, Denver U. had a fine law school, and an executive trainee with DC Trucking would have time for classes as well as practice sessions and some 30 games of basketball a season. A trainee would get $400 a month salary plus all the fringe benefits, including a sizable bonus. And who knows? Rand might like Denver Chicago and go on to make transcontinental trucking his career. In fact, 80% of the trainee basketball players of the N.I.B.L. have stayed on in executive jobs; the turnover of non-athletes is far higher. Impressed with the promise of future security, Rand...

Author: /time Magazine | Title: Sport: Executives on the Court | 2/11/1957 | See Source »

...frankfurters. Grocers, tipped off by Swift's six-page advance ads in trade magazines, bustled to buy LIFE and Look. They figured that they could turn a Swift profit, since the coupons alone in each 15? Look and 20? LIFE were worth $1.45, plus a 24? redemption bonus for storekeepers, plus a chance at winning a prize in Swift's $26,600 sales contest. Armed with spare coupons, grocers could thus claim refunds on purchases made by customers who did not take advantage of Swift's offer...

Author: /time Magazine | Title: The Press: Swift Profit | 2/4/1957 | See Source »

...Bigger Than Pigs. To find the whale's gland in a 20-ft. head, Andersen must show uncanny judgment, for a misplaced stroke of the saw could slash through the pituitary itself. In 1956 Andersen retrieved 871 pituitaries from 898 blue and fin whales, got a bonus of half a bottle of rum for every 50 glands. (On other ships, an estimated 30,000 more whale pituitaries were gathered.) An average season's catch of pituitaries will bring the owners of one ship little more than $2,000, but says a spokesman, "our policy is waste not, want...

Author: /time Magazine | Title: Medicine: Of Whales & Glands | 1/21/1957 | See Source »

...Aussies for the second successive year, wishful-thinking U.S. fans salvaged some consolation from Giammalva's performance and the fact that Ken Rosewall decided right after the matches to turn pro. For a $65,000 guarantee and 25% of the gate receipts over $300,000, plus a 5% bonus if he beats Pro Champ Pancho Gonzales, Rosewall will go on a 13-month tour with Jack Kramer's traveling tennists. But the sad truth is that even with Rosewall gone, Australia has a thick layer of talented young players to throw against a thin line of undertrained...

Author: /time Magazine | Title: Sport: Scoreboard, Jan. 7, 1957 | 1/7/1957 | See Source »

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