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...peace, Tin Pan Alley has light-heartedly insisted that 'the whole world laughs' with a laugher, and that 'the best things in life are free.' " The suit against Mad is "an apparent departure from these delightful sentiments." Parodists, said Judge Kaufman, must be permitted to borrow from the original, or else there could be no parody. "While the social interest in encouraging the broad-gauged burlesques of Mad magazine is admittedly not readily apparent, we believe that parody and satire are deserving of substantial freedom-both as entertainment and as a form of social and literary...

Author: /time Magazine | Title: Property Rights: Best Things In Life Are Free | 4/3/1964 | See Source »

Europe's governments are beginning to give up some growth-inducing policies for the sake of stability. They are reshaping their economic policies in hopes of persuading free-spending consumers to buy less, borrow less, save more. Since October, Belgium, France, Sweden, The Netherlands and Britain have increased their bank interest rates. France has also clamped some price controls on food and manufactured goods, and Denmark has placed a 9%-sales tax on most nonfood products. In Italy the government's austerity program aims at raising taxes on cars and gasoline, restricting installment purchases. Some manufacturers protest that...

Author: /time Magazine | Title: Western Europe: The Price of Prosperity | 3/20/1964 | See Source »

...BANKING. Baker got a seemingly inexhaustible line of credit through Bob Kerr's Fidelity National Bank in Oklahoma City. During 1962, Friend Fred Black Jr. testified, he and Baker borrowed more than $500,000 from Fidelity National, much of the money going to finance operations of Serv-U Corp. Through Baker's friendship with Kerr, Black said, he was able to borrow large sums. In 1962 he got one loan for $175,000 to purchase stock in the Farmers & Merchants State Bank in Tulsa, subsequently sold 1,500 shares to Edward Levinson and 1,600 shares...

Author: /time Magazine | Title: Investigations: The Silent Witness | 3/6/1964 | See Source »

Some of the girls think that Sandy is really cutesy, to borrow a pejorative coinage from the play itself, because she deliberately stumbles all over her lines and waves her hands helplessly like a three-year-old, soaking up empathy for her inability to cope with the world. The girls might well ask: If she is so helpless, how did she land the president of the company...

Author: /time Magazine | Title: Broadway: Two in the Center | 3/6/1964 | See Source »

...Engineer Mason keep track of finances in the nation's second largest chemical firm, which last week announced earnings of $160 million on 1963 sales of $1.67 billion. Another figure that enters into Mason's current calculations is $200 million-the amount that Union Carbide intends to borrow from insurance companies over the next two years to finance capital improvements. To determine how the funds will be spent, Mason last year put aside his paper work, traveled 40,000 miles to inspect some of Carbide's plants in 26 countries; this year, so far, he has made...

Author: /time Magazine | Title: U.S. Business: Personalities: Feb. 14, 1964 | 2/14/1964 | See Source »

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