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...wish they could forget; the movie cost $41 million to make, but has taken in considerably less than that at the box office. Yet much of the movie industry is acting as if it has in fact forgotten the big-budget flops that brought several major studios to the brink of financial ruin in the 1960s. Once again, studio heads-this time backed by the resources of conglomerates that have bought up most of the studios-are pouring huge sums into feature films. Some 20 movies costing $3.5 million or more each-a generally accepted dividing line between an ordinary...

Author: /time Magazine | Title: MOVIES,PERSONALITY: Reaching for the Brass Ring | 5/31/1976 | See Source »

Lindsell cites the Lutheran Church -Missouri Synod as a case where "neoliberals" nearly moved an Evangelical denomination away from its traditions before conservatives regained power (thus pushing the church to the brink of schism). Lindsell sees trouble ahead in his own church body, the 12.5-million-member Southern Baptist Convention. Though no conclusive data are available, Lindsell claims that "90% of the people in the pews believe in biblical infallibility." Even so, he sees the infection of liberalism "spreading steadily...

Author: /time Magazine | Title: Religion: Bible Battles | 5/10/1976 | See Source »

Powerful, fractious and strike prone, Britain's labor unions have contributed heavily over the years to the sagging productivity and destructive wage inflation that have brought their nation to the brink of economic disaster. Last summer it took the threat of imminent economic collapse to win agreement by the unions to a voluntary limit on pay. This week Britain faces another crucial test of its ability to get labor cooperation in surmounting the nation's frightening economic woes. Leaders of the Trades Union Congress have set themselves a deadline of Wednesday for deciding whether to agree...

Author: /time Magazine | Title: BRITAIN: Crucial Showdown over Pay | 5/10/1976 | See Source »

Impressive Gains. The continuing power struggle does not necessarily mean China is hovering on the brink of major civil strife. The governing bureaucracy functions effectively. The military appears to be stable and-so far, at least-has shown no signs of rebelling against party authority. Impressive gains have been made in industry and agriculture. One crucial but little-noted factor making for stability is that top-level quarrels in Peking sometimes do not have very much effect in the vast impassive interior of the country. The debate over revisionism in education, for example, has for months captured the headlines...

Author: /time Magazine | Title: CHINA: Protest, Purge, Promotion | 4/19/1976 | See Source »

...precluded possibilities for the peaceful settlement of the country's racial power struggle. Smith's rejection of British mediation and last month's collapse of talks between Smith and Joshua Nkomo, the leader of the black African National Council's "internal faction" have brought Rhodesia to the brink of civil war. Moreover, the recent unification of the efforts of the presidents of Zambia, Mozambique, Tanzania and Botswana to form a strategy to end white rule in Rhodesia represents a new solidification of black African opposition to the Smith regime. Mozambique's severing of the railroad that formerly carried...

Author: By Lawrence B. Cummings, | Title: Smith Cornered in Rhodesia | 4/7/1976 | See Source »

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