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...charging service industries $3.50 a week per male employee, the controversial S.E.T. was supposed to help channel more labor into tax-subsidized manufacturing jobs. Instead, service industries have added the tax to their prices and kept their help-while manufacturing employment has dwindled. All by itself, the S.E.T. has so far boosted the cost of living by 0.5%, according to Treasury estimates. Though pledged with the advent of North Sea natural gas to push Britain toward a cheap-energy policy, the government this month raised the price of nationalized electricity...

Author: /time Magazine | Title: Britain: Suffering | 10/13/1967 | See Source »

...pounder, little of it muscle, Matchan commutes by private helicopter to his home on the isle of Jersey, one of Britain's semiautonomous Channel Islands, where he lives in noisy defiance of mainland inheritance taxes ("they offend my nostrils"). With his 96% stockholding, he runs Cope Allman with a spare, 25-man head-office staff "because I dislike middle management and all that sort of thing," likes to make patriarchal, publicity-grabbing visits to the firm's 15,000 worldwide employees. He frankly favors a personality cult as good management policy, "as long as the personality doesn...

Author: /time Magazine | Title: Industrialists: Conglomerate, London-Style | 10/13/1967 | See Source »

Fighting for Life. Elaborate engineering works built over decades were disdainfully brushed aside by the rampaging Rio Grande-which is known to Mexicans as Rio Bravo, the Wild River. Flicking away a heavy, 200-ft. weir at the junction of a main emergency floodway and a small subordinate channel, the 44.3-ft. tide poured into Mercedes and Harlingen, where a Spanish-speaking radio station ominously warned: "Get the lame, blind and old people to high land." But there is no high land in Harlingen (pop. 41,100), a citrus-market city 36 ft. above sea level, and the pitifully inadequate...

Author: /time Magazine | Title: Disasters: The Wild One | 10/6/1967 | See Source »

...Channel swimming makes no special splash these days, so Australia's Linda McGill, 21, showed up in France with a new gimmick. A free-spirited Olympic swimmer who was banned from competition after riding a bike into the Japanese Imperial moat, Linda announced that she would tame the Channel clad only in goggles and bear grease. When the Channel Swimming Association frosted the idea, Linda added a red one-piecer to her attire and plunged in. She lost her goggles three-quarters of the way to England, then stumbled on the rocks at the finish and badly gashed herself...

Author: /time Magazine | Title: People: Oct. 6, 1967 | 10/6/1967 | See Source »

...interested in talks, no matter how pleasant Ho had been during his brief chat with Ashmore and Baggs. North Vietnamese diplomats in Moscow went so far as to return U.S. messages unopened to underscore their lack of interest. "Mr. Ashmore yields to an understandable feeling that his own channel was the center of the stage," said Bundy. "It was not. It was a very, very small part of the total picture." Other State Department officials suggested acidly that Ashmore left Hanoi with dreams of a Nobel Peace Prize dancing in his skull, and was disappointed to discover that...

Author: /time Magazine | Title: The War: The Perils of Probing | 9/29/1967 | See Source »

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