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...chances for a tax increase in 1967 finally died when Mills pressed Federal Reserve Board Chairman William Mc-Chesney Martin at a late November hearing. "Your line of questioning," remarked Martin, "indicates clearly that the economy is not too boomy at the moment." Snorted Mills: "Not too booming? It is just not booming at all!" Conceded Martin: "All right, it is not booming." With that, and the prospect that recent spending cuts will begin to shrink the huge federal deficit, many economists see considerably less reason than hitherto for a tax increase in election-year 1968. And a growing number...

Author: /time Magazine | Title: Business: -BUSINESS IN 1967-THE NERVOUS YEAR- | 12/29/1967 | See Source »

...Hurt. As criticism of the Administration by businessmen took on a sharper tone, there was a softer note from another side. Last week Federal Reserve Chairman William Mc-Chesney Martin, who had previously urged tax increases to battle inflation, told a meeting of the American Bankers Association that he could well under stand why the President had held off on a tax hike until "he knows where we are going in Viet Nam." In a fascinating sideshow to the ABA sessions in Spain, Martin's Federal Reserve colleague, Board Member J. Dewey Daane, appeared in a Toledo ring...

Author: /time Magazine | Title: The Economy: How the Glow Goes | 6/3/1966 | See Source »

Died. Dr. Alan Chesney, 76, longtime (1929-53) dean of Johns Hopkins Medical School, best known for his lifelong fight against antivivisectionists, ("a crippling obstacle to the advance of medical knowledge"), who in 1950 carried his case to Baltimore voters in a referendum, won a lopsided victory and a permanent key to the city dog pound; of complications following a stroke; in Baltimore...

Author: /time Magazine | Title: Milestones: Oct. 2, 1964 | 10/2/1964 | See Source »

...broad jump Kirkland's Mike Garfield edged Barry Dym of Eliot. Kirkland's other two first places were won by Gerald Margolis in the 100 yard dash and Russel Chesney...

Author: NO WRITER ATTRIBUTED | Title: Eliot Trackmen Win House Meet | 5/20/1963 | See Source »

...varsity's injury list is currently beyond belief. Besides Hamlin, it includes hurdler Jack Spitzberg (pulled muscle), 440 man Don Kirkland (mysterious illness), Meehan (dysentery), sprinter Scott Johnson (stress fracture), hammer thrower Art Doten (broken leg), and sprinter Russ Chesney (pulled muscle...

Author: NO WRITER ATTRIBUTED | Title: Weight Men to Enter Penn Relays; Crimson Four-Mile Unit Scratches | 4/27/1962 | See Source »

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