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Dates: during 1960-1969
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...Signed the Silver Coinage Act, which he requested of Congress seven weeks earlier because of the worldwide shortage of silver. This first fundamental change in coinage in 173 years will soon take all silver out of new dimes and quarters, reduce the silver content of new 500 pieces from 90% to 40%. The President warned against hoarding the remaining silver money for speculation. An estimated 12 billion silver coins will remain in circulation, he said, and another billion will flow from the mints before the changeover occurs...

Author: /time Magazine | Title: The Presidency: Salt Water & Sympathy | 7/30/1965 | See Source »

...Today's Russian bosses, Brezhnev and Kosygin, play down the cult of personality (though they do not provide as lively copy as did Khrushchev). While Stalin's name used to appear in boldface and was given prominent display in most news stories, the present leaders are apparently content to have their names occasionally omitted from copy-which does not mean they are about to be demoted or disappear. Since news coverage is no longer a sure tip-off to a Soviet official's status, Kremlinologists have a tougher job than ever deciding who ranks where...

Author: /time Magazine | Title: Newspapers: Revisions in Russia | 7/30/1965 | See Source »

Manners Over Math. With as many as ten applicants for every pupil who can be admitted, at least a few private schools have been lazily content to teach manners better than math. Some parents whose children have gone to both private and public schools argue that the few good public schools, such as the famed Bronx High School of Science-which are also hard to get into-are as good or better. The real appeal of some private schools, they claim, is parental desire to have their children study ABC's alongside little Rockefellers or Kennedys, and thus...

Author: /time Magazine | Title: Private Schools: Cradle-to-College Struggle | 7/30/1965 | See Source »

...indictment charged that the defendants arranged during a series of clandestine meetings in hotel rooms between 1955 and 1961 to subtly rig the thousands of "extra" charges that steel companies make for tailoring sheets to specific size, shape, weight, quality and chemical or metallurgical content. Such extras account for 16% of the $2 billion-a-year carbon-sheet business done by the eight firms...

Author: /time Magazine | Title: Steel: The Price-Fixing Verdict | 7/30/1965 | See Source »

...Jaegar, Secretary of Edu- ention and Cultural Affairs, State Government, Rio Grande do Sul, explained the two-way approach of autonomy and centralization towards education in Brazil. The Federal government aids lower education which remains a local responsibility, decentralized in content as well as administration. While universities have full autonomy, they are financed by the state...

Author: NO WRITER ATTRIBUTED | Title: Speakers See for Govt. Two Levels | 7/29/1965 | See Source »

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