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...right back. They seemed very content within themselves, content with their lot and sure of themselves, knowing where they are going." He also found that the much-remarked honesty in Communist China is still there. "At one point, someone came down three floors to give Fischbeck a tiny coin worth perhaps a tenth of a cent-his change from a cup of coffee." Chinese life is beset by red tape. "After a taxi ride, a driver had to give me four separate coupons and fill in a form," said Saar. "Similarly, half an hour to check out of a hotel...

Author: /time Magazine | Title: The World: Two Eyewitnesses Behind the Bamboo Curtain | 4/26/1971 | See Source »

...sells for more than $2,000. And the Spiro Agnew bottle, ordered by the G.O.P. National Committee and presented to contributors at a $150-a-plate dinner in Washington, D.C., last year, today commands a cool $2,800. Al Cembura, who sees the fad supplanting the ebbing enthusiasm for coin and gun collecting, insists happily that "this is just the beginning...

Author: /time Magazine | Title: Modern Living: Empties Are Better | 3/22/1971 | See Source »

...often illegal. He smuggled and traded in the black market. When necessary (which was often), the subcommittee was told, he bribed or pressured high-ranking civilian and military personnel. At one point, he held a virtual monopoly on the sales of all slot and pinball machines, jukeboxes and other coin-operated amusements to U.S. military establishments in Viet Nam. For a period of three years, if there was something for sale in Viet Nam, Crum probably sold...

Author: /time Magazine | Title: The Nation: The Money King of Viet Nam | 3/8/1971 | See Source »

...began to expand in earnest, Crum's PX monopolies did too. Along with his contracts for coin-operated amusements, he wangled the exclusive distributorship for Mandarin Textiles' Dynasty fashions in PXs and NCO clubs. He became a representative for the James B. Beam Distilling Co. of Chicago and the Carling Brewing Co. of Cleveland. He also kept up his lucrative side trade in such goods as freezers and air conditioners, many of which were conveniently-and illegally -stored on a base under the eye of his good friend, General Cole, the Senators were told...

Author: /time Magazine | Title: The Nation: The Money King of Viet Nam | 3/8/1971 | See Source »

...First mention of the penny, the oldest English coin, occurred in the laws of the West Saxon King Ine, who ruled between 688 and 726. The first pennies were struck in silver about 770, and some time after that it was discovered that 240 coins could be minted from a pound of silver. The shilling came along in 1504, its name a derivation of the Old English word settling, meaning cutting or slicing...

Author: /time Magazine | Title: GREAT BRITAIN: Think Decimal! | 2/15/1971 | See Source »

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