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...slapstick absurdity like the New Jersey legislature achieved in the 1960s when it enacted a subsequently vetoed antiobscenity bill so explicit that it was deemed too dirty to be read in the legislative chambers without clearing out the public first. The mother in Whiteville, N.C., who demanded that the Columbus County library keep adult books out of the hands of children later discovered that her own daughter had thereby been made ineligible to check out the Bible. One group, a Florida organization called Save Our Children, has simplified its censorship goals by proposing to purge from libraries all books...

Author: /time Magazine | Title: Essay: The Growing Battle of the Books | 1/19/1981 | See Source »

Even without the changes recommended by the Carter Administration, the U.S. is already moving toward a national financial market. Merrill Lynch, the brokerage firm, allows customers from nearly any state to write checks against their money-market accounts through an agreement with Bank One of Columbus. Holders of American Express Gold Cards will soon be able to insert the cards into automatic teller machines around the U.S. and withdraw cash from their home bank accounts. New York's Citibank plans to move its 5.8 million-customer credit card operation to South Dakota to take advantage of higher interest rates...

Author: /time Magazine | Title: A Call for Interstate Banking | 1/12/1981 | See Source »

Late in his career, Announcer Bill Stern made an endearing confession about his vocal ways as the Christopher Columbus of television sportscasting. Said he: "I had no idea when to keep my big, fat, flapping mouth shut." The insight dawned too late to be of much use to Stern, but it might have been of value as a guide for his heirs. Unfortunately, nobody in the broadcast booth was listening. The result is the TV sports event as it is today: an entertainment genre in which an athletic game must compete for attention with the convulsive concatenations of blah-blah...

Author: /time Magazine | Title: Time Essay: Time to Reflect on Blah-Blah-Blah | 12/22/1980 | See Source »

...tiny, doughnut-shaped data storage element that remained the key to computer memory technology for more than 20 years until it was replaced by sophisticated semiconductor equipment in the late 1960s. Wang started his company in a dingy room above an electrical fixtures store on Boston's Columbus Avenue. The firm engineered one-of-a-kind products to fill special customer needs. One result was the first digital scoreboard, built for the opening of New York's Shea Stadium...

Author: /time Magazine | Title: Business: The Guru of Gizmos | 11/17/1980 | See Source »

...Ming dynasty china and pearls, and a seemingly worthless old wreck that may turn out to be the most precious find of all. The ship, discovered two years ago in 30 ft. of clear water 60 miles north of Haiti, is, according to a growing number of scholars, Christopher Columbus' Pinta, sister ship to the Nina and the flagship Santa Maria, which is believed to have sunk in a hurricane, eight years after the discovery of North America in 1492. Frick and his partner hope to verify that theory by raising the galleon intact - a six-month process they...

Author: /time Magazine | Title: People, Oct. 27, 1980 | 10/27/1980 | See Source »

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