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...testify that North American's share of the $23 billion Apollo project is being cut back. The California-based firm will continue as prime contractor, while Boeing has been selected to put together the spacecraft and the rocket boosters; a third firm will be chosen to make custom modifications on the 16 standardized capsules to be produced by North American under the original contract. "In this way," he added, "North American will be spending all its time on one standardized spacecraft without any outside distractions...

Author: /time Magazine | Title: Space: Back to the Job | 5/19/1967 | See Source »

...fully documented," a baffled Meadows would occasionally interject. The A.D.A.A. members were not surprised; documents are even easier to forge than paintings. Last January French police raided the apartment of one Raoul Lessard as he was leaving for New York, found a suitcase with four fake paintings, forged custom stamps and certificates by experts, all addressed to Dallas. Lessard has been acting as "private secretary" to a dandy named Fernand Legros, who last March in Paris sent a photo of a painting supposedly by Andre Derain to an auction house, only to have the painter's widow question...

Author: /time Magazine | Title: Painting: Meadows' Luck | 5/19/1967 | See Source »

...Long green in campaign treasure promised by his act, he has been in the catbird seat right from the beginning. Repeal of his act was tacked on as an amendment to the important investment tax-credit bill* sought by business and the Administration. Long simply faced down Senate custom-which dictates that a chairman protect committee bills from outside amendments-and allowed a plethora of fellow Senators' pet projects to be tacked onto the bill. When accused of "hinting" that he was deliberately tying up the tax bill as a strategy to save his Campaign Fund Act, Long boasted...

Author: /time Magazine | Title: The Senate: A Demeaning Indulgence | 5/12/1967 | See Source »

Only the Score. Back home, the Latin American Presidents helped spread the message of self-help that Lyndon Johnson had so effectively implanted in the face-to-face sessions. Breaking his custom of addressing his countrymen only once a year, Mexico's Gustavo Diaz Ordaz went on the radio as soon as he returned home to stress that Latin America must bear the chief responsibility for its own future. Said President Fernando Belaunde Terry to his fellow Peruvians: "The declaration of Punta del Este is only the score. Success will depend on how we play...

Author: /time Magazine | Title: Latin America: Summit Benefits | 4/28/1967 | See Source »

Doing Well. This helped explain how Karafin, on an $11,000 Inquirer salary, could wheel around town in a pair of expensive Buicks, live in a house worth $45,000, buy $20,000 worth of furniture, and install such extras as central air conditioning and a custom-built staircase. And deck his wife in furs and jewelry, and vacation in Europe and Puerto Rico, and dabble in the stock market. But it was only part of the explanation. Philadelphia's reporters also discovered that Karafin was doing very well in a public relations sideline of investigative reporting...

Author: /time Magazine | Title: Magazines: Harry the Muckraker | 4/21/1967 | See Source »

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