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...that his wealth is not based merely on that income. He says frankly: "I'm very big in tobacco exports, drugstores, a textile factory, rubber estates and interests in six or seven companies. I do them in my spare time." For example, when he recently learned that a contractor in Singapore needed rocks, Sutowo got government permission to have them shipped from an Indonesian quarry. Though he invested not a cent of his own money, Sutowo collects 50% of the profits. "I just arranged it," he says...

Author: /time Magazine | Title: Indonesia: Attack on Corruption | 8/31/1970 | See Source »

Gary's education contractor, BRL, has negotiated a guaranteed reading-performance agreement with the city of Philadelphia that will reach 23,000 students and cost as much as $920,000. New York's Educational Development Laboratories (a subsidiary of McGraw-Hill) and Science Research Associates of Chicago (part of IBM) have contracted to raise the reading scores of 15,600 students in San Diego schools. Performance contracts have become so widespread that the Department of Health, Education and Welfare has asked the Rand Corporation to study their implications...

Author: /time Magazine | Title: Education: Free Enterprise for Schools | 8/24/1970 | See Source »

...easy to measure many of the purposes and objectives of education," says former U.S. Commissioner of Education James E. Allen Jr. Should parents be dismayed at a private contractor's cram-school approach or delighted when it boosts their kids' test scores? Whatever the answer, parents and taxpayers are legitimately fed up with the failure of many large public school systems to demonstrate anything but Byzantine bureaucracy and underachieving pupils. Making schools responsive to the relentless pressures of economics and competition may be a harsh way to force improvements-but stricter accountability is clearly needed to fill...

Author: /time Magazine | Title: Education: Free Enterprise for Schools | 8/24/1970 | See Source »

Nathan Weinstein was West's real name. His father was a wealthy New York building contractor and the boy was spoiled rotten. He cut school several days a week and lounged around, soaking his head in delusions of athletic grandeur and working up torture projects in the style of Poe. In ninth grade he flunked everything, after the tenth he dropped out of high school. He entered Tufts College on a forged transcript, and when he was busted out a couple of months later he forged another and was admitted to Brown as a second-term sophomore...

Author: /time Magazine | Title: Books: A Great Despiser | 8/17/1970 | See Source »

...Kurt Debus says that only one case of sloppy workmanship attributable to morale has come to his attention: having accidentally snapped a screw on a key spacecraft section, a workman glued the other half into place. He feared that he might be laid off if his company-a private contractor -had to go to the time and expense of drilling out the screw...

Author: /time Magazine | Title: Science: The Future of NASA | 8/10/1970 | See Source »

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