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...Joan Ring of Clayton, Mo., a 17-year-old high-school student, made a pilgrimage to the shrine at Lourdes, France, where the Roman Catholic Church has officially affirmed miracles of healing. Joan, a devout Catholic, had undergone an operation for cancer and was seeking "spiritual help" for recovery. A little more than a year after her visit to Lourdes she had completely recovered. When they filed their joint 1949 income tax, Joan's parents, Mr. and Mrs. Vincent P. Ring, claimed the cost of the trip to Lourdes ($2,787.19) as a medical expense...

Author: /time Magazine | Title: THE LAW: Faith & Taxes | 4/4/1955 | See Source »

...decision, Judge La Buy, veteran antitrust jurist who once slapped a $1.3 million bill for damages on G.M., cut some new paths through the tangle of antitrust enforcement. Where other courts have ruled that the mere existence of a potential monopoly can be cause for conviction under the Clayton Act, La Buy said: Such a possibility existed for 30 years in the relationship between Du Pont and G.M. But "the record discloses that no restraint of trade has resulted. Accord ingly . . . there is not. . . any reasonable probability of such a restraint within the meaning of the Clayton...

Author: /time Magazine | Title: GOVERNMENT: Case Dismissed | 12/13/1954 | See Source »

Colonel Arnold, a 41-year-old West Pointer and native of Silver Springs, Md., was sentenced to ten years. Major Baumer, 32, of Lewisburg, Pa., got eight years. Captain Eugene J. Vaadi, 33, of Clayton, N.Y., who was shot down near Berlin in 1945, got six years. Captain Elmer F. Llewellyn, 29, of Missoula, Mont, and Lieut. Wallace L. Brown, 28, of Banks, Ala. got five years each...

Author: /time Magazine | Title: FOREIGN RELATIONS: U.S. Prisoners in China | 12/6/1954 | See Source »

Roger D. Masters '55 of Adams and Newton, Mass. (Government); John F. Merrifeld '55 of Kirkland and Wilmette, Illinois (Social Relations); James Peale '55 of Eliot and Lebanon, New Jersey (Economics); Clayton E. Ray '55 of Lowell and Indianapolis, Indiana (Geology); Peter B. Schneider '55 of Kirkland and Brooklyn, New York (Chemistry...

Author: NO WRITER ATTRIBUTED | Title: Five Adams House Students Lead Newly Elected Senior Sixteen List | 11/10/1954 | See Source »

NOBODY is henceforth going to be afraid of or suspicious of any business merely because it is big." With these words, spoken after the passage of the Clayton Antitrust Act in 1914, President Woodrow Wilson thought he had laid to rest, once and for all, the question of how big a business should be. He could not have been more wrong. Time and time again, the nation's industrial giants have been haled into court on antitrust charges that smacked of prosecution for bigness alone. The problem has been raised again by the roadblock against the Bethlehem-Youngstown steel...

Author: /time Magazine | Title: Business: HOW BIG IS TOO BIG?. | 10/25/1954 | See Source »

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