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...should think a first-class Air Force and air-raid defense system . . . would be worth quite a lot to us just now-even if it unbalanced the budget for a while and deferred a tax cut for some years to come. It might even be better for the top-bracket income groups than the money they will make on a tax cut, because those extra dollars aren't going to do them much good if the whole country is devastated." Harry's peroration began on a note of sweet reason: "In our hope for world peace and freedom...

Author: /time Magazine | Title: National Affairs: Now Is the Time | 9/14/1953 | See Source »

...Only 16% of young Lutheran bachelors (age 16-20) admit to sexual intercourse (whereas Kinsey found that, among nonchurchgoing Protestants in the same age bracket, 90% of grade-school-level males, 80% at high-school-level and 45% at college level had premarital intercourse). Among older nonmarried Lutherans (age 31-35), the figure jumped to 33% (Kinsey's figure...

Author: /time Magazine | Title: Religion: Kinsey for Lutherans | 8/17/1953 | See Source »

...three women whose bodies were found in the alcove by getting them to sit in a deck chair in the kitchen between the table and the door. There is a gas pipe on the wall next to the window that at one time had been used for a gas bracket. The pipe had been plugged. I took the plug out and pushed a piece of rubber tubing over the pipe. I put a chink in the tube with a bulldog clip to stop the gas escaping. When they sat in the deck chair with the tube behind them, I took...

Author: /time Magazine | Title: Foreign News: In a Strange Country | 7/6/1953 | See Source »

...topsy-turvy world, the accepted standards of business thrift and prudence go out the window. Companies in the EPT bracket have no hesitation spending money on extravagant projects. Example: Reynolds Metals Co., wanting to show off its new Jamaica bauxite mines, chartered an ocean liner and gave 130 bigwig guests an eight-day cruise to Jamaica and back. Of the total cost, the company really picked up only 18% of the check. The remaining 82% was EPT money which, if not spent, would have gone to the U.S. Treasury...

Author: /time Magazine | Title: Business: A Monument to Expediency | 6/1/1953 | See Source »

...revolution continued, with some sporadic flare-shooting on the side. ¶ Warner Bros., which stopped production and cut salaries a month ago, announced "44 top-bracket pictures," to be released by September 1954. Since 20 of these have already been completed, actual production will be down about one-third. Warners is preparing a new 3-D system: "widescreen WarnerScope," described as a new process under development for "many years . . . With expansive use of 3-D photography . . . Warner Color and WarnerPhonic Sound ... we have just begun to tap the enormous resources . . ." ¶ M-G-M is cutting its output nearly...

Author: /time Magazine | Title: Cinema: Third Dimension | 5/18/1953 | See Source »

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