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What then of the pledge inscribed on some 95% of all U.S. dollar bills: This certifies that there is on deposit in the Treasury of the United States of America one dollar in silver payable to the bearer on demand? From now on, said Dillon, silver certificates will be redeemed at the U.S. Assay Offices in New York City or San Francisco with envelopes containing exactly 0.77 of a "fine troy" ounce of silver crystals, worth a dollar at the official monetary rate for silver: $1.29 per oz. Collectors will be hard put to trade up their value -they will...

Author: /time Magazine | Title: Hobbies: Turning Cartwheels | 4/3/1964 | See Source »

...making fraudulent loans. Six associations in Illinois have been liquidated, taken over by authorities or forced to merge; 22 in Maryland are in receivership, and federal officials say that about a dozen others around the nation are "in trouble." Though no depositors have lost money-thanks to federal deposit insurance-the sour publicity frightened away customers...

Author: /time Magazine | Title: Savings & Loan: Growing Pains | 3/27/1964 | See Source »

...their cheap merchandise from Japan, and imply that it is a name brand by advertising the items as, say, Norelco-type shavers or Remington electric can openers. When they actually offer something like an RCA TV set, they never have enough in stock, merely take a customer's deposit and bury him in an avalanche of form letters until he tires of trying to retrieve his payment. Some have offered a come-on of ten boxes of Tide detergent for $1.97; what often arrives is an unknown soap brand and an additional unrequested item with a C.O.D. bill...

Author: /time Magazine | Title: Merchandising: Caveat Emptor | 1/17/1964 | See Source »

...want to run and that President Kennedy's death would give him a graceful way to stay out, his announcement was no surprise. As his family watched near by, Barry leaned against a lectern to favor his right heel, which had recently been operated on for a calcium deposit. He read his formal statement more slowly and clearly than usual. He had, he said, decided to run "because I have not heard from any announced Republican candidate a declaration of conscience or of political position that could possibly offer to the American people a clear choice in the next...

Author: /time Magazine | Title: Republicans: Toward the Day of Reckoning | 1/10/1964 | See Source »

...cost of totally removing "BEAT HARVARD" from Widener's columns will exceed the $1000 deposit of the six Yalies responsible for painting the library, Cecil A. Roberts, director of buildings and grounds, said yesterday...

Author: NO WRITER ATTRIBUTED | Title: Yalie Damage to Widener Tops $1000 | 12/5/1963 | See Source »

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