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...FORD CAR, to go into production next year, will sell in the $2,600-$3,700 range, the only price bracket in which Ford does not now compete with General Motors (Buick, Oldsmobile) and Chrysler (De Soto). Ford has budgeted $250 million to bring the six-model line into production, will spend up to $150 million more to build a 1,400-dealer sales and service force, may call the car the "Edsel...

Author: /time Magazine | Title: Time Clock, Aug. 20, 1956 | 8/20/1956 | See Source »

...favorite dreamboat of President Eisenhower's, designed to demonstrate the peaceful uses of atomic energy. ¶ Passed and sent to the White House a bill providing pay raises from $22,500 to $25,000 a year for Cabinet officers, from $14,800 to $16,000 for top-bracket civil servants, and miscellaneous raises ranging up to $5,000 for 600 top government officials-all rounded out by bigger retirement benefits for 2,000,000 federal employees...

Author: /time Magazine | Title: National Affairs: Other Work Done | 8/6/1956 | See Source »

...stunted intellectual potentials before they ever arrived at school. In the 18-19-year age group, 1.7% never got to school at all. Of this group, 17.7% completed only one to four years of school. High-school diplomas were won by only 14.7% in the 20-24-year bracket. Only 2.2% of the 30-34-year category had survived the attrition to graduate from college...

Author: /time Magazine | Title: Education: Separate & Unequal | 6/4/1956 | See Source »

...Bracket. In Newhall, Calif., practicing a fast draw with a holster strapped to each hip, Harold J. Erickson grabbed for his six-shooters, squeezed both triggers before unholstering, shot himself in both legs...

Author: /time Magazine | Title: Miscellany, may 28, 1956 | 5/28/1956 | See Source »

...government and the public executors of the estate of Playwright George Bernard Shaw agreed on the value of his copyrights, thus nearly doubled the provisional worth of his estate that was set in 1951. The new figure: $1,680,000, subject to whopping inheritance taxes in the 70% bracket. Meanwhile, G.B.S.'s will was soon to get raked over in court. When Shaw died at an un-mellowed 94 in 1950, he had made a bequest to provide a handsome subsidy to renovate the English alphabet. A hater of diphthongs and illogical pronunciations, Alphabetterer Shaw wanted the ABCs stretched...

Author: /time Magazine | Title: People, Apr. 30, 1956 | 4/30/1956 | See Source »

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