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...review of "crown democracy" and even for abolishing the crown. Technically, such talk is treasonous, but no legal action was taken against the newspapers. New drachmas have been minted carrying the King's image; but in place of his coat of arms, the obverse side of the coin depicts the phoenix emblem of the revolution. The word royal has been dropped from military designations and the titles of almost all civil institutions. The next step, many Greeks predict, is for Papadopoulos to decree the monarchy dead...

Author: /time Magazine | Title: GREECE: The Poly-Papadopoulos | 4/3/1972 | See Source »

...advance and incomplete Calendar of Excavations issued by the Council of British Archeology available for 40 cents in stamp or coin from Hunter Ross. 68 Wheatsheaf Lane, Princeton, N.J. 085-40. Discusses dates of excavations, brief description of the site, accommodations as are available, and supplies addresses for further inquiry or application. Otherwise, the complete Calendar of Excavations, available in March, from the Council of British Archeology, 8 St. Andrew's Place, London N.W. 1, England. Send an international money order or personal check for $3 ($5 air mail...

Author: By Gwen Kinkead, | Title: Summer Archeologists: Queues and Callouses | 2/25/1972 | See Source »

...brighter side of the coin was that Presidential Assistant Peter G. Peterson predicted that devaluation's boost to U.S. exports will create at least 500,000 new jobs over the next two years, primarily in the steel, clothing and farm-related industries. Even Hollywood studio executives spliced themselves into the act, calculating that devaluation will bring higher revenues from cinema audiences abroad and repatriate some "runaway" productions that had shifted to foreign shores...

Author: /time Magazine | Title: WORLD MONEY: A More Equal System | 1/3/1972 | See Source »

...What speculators grossly underestimated, however, was the size and importance of the "overhang"-the hoard of silver being held aboveground by corporations and private investors. There is an estimated 450 million oz. in bullion stored in the U.S. and Europe, plus 500 million oz. more in private U.S. coin collections. Moreover, millions of people in India are believed to own several billion oz. of silver jewelry and other heirlooms. Such huge hoards guarantee that the world will not run out of the metal for years to come...

Author: /time Magazine | Title: METALS: No Shine in Silver | 12/6/1971 | See Source »

...best when he lets fancy take over completely. In "The Literary Life In California 1964" he describes a bookstore browser skeptically looking through one of his own books. After a few minutes of nervous indecision the man takes out a penny and tosses it. After looking at the coin the man puts back the book of poetry and walks out of the store looking very relaxed. "I walked over and found his reluctance lying there on the floor," Brautigan writes. "I put it in my pocket. I took it home with me and shaped it into this, having nothing better...

Author: By Whit Stillman, | Title: Brautigan's Revenge | 12/6/1971 | See Source »

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