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...Japan. "Operation Summit," as the Japanese dubbed the Tanaka arrest, was hailed with a chorus of banzais. On the floor of the Osaka Stock Exchange, recounted one Japanese broker, after a moment of stunned silence, "everybody began howling his head off." In Tokyo, after an early morning dip, stock prices jumped twelve points...

Author: /time Magazine | Title: JAPAN: Bribery Shokku At the Top | 8/9/1976 | See Source »

...modern Games had hardly begun when the U.S. outraged the British by refusing to dip the flag to King Edward VII during the 1908 opening ceremonies in London. (Nor did the U.S. dip the flag to Queen Elizabeth II last week; she was not offended.) The Finns, then under the domination of Imperial Russia, sought the same year to emphasize their strivings for national identity by refusing to march under the Russian flag. Hitler tried to use the 1936 Berlin Games as a display of the supremacy of the Aryan race...

Author: /time Magazine | Title: Sport: Are the Olympics Dead? | 8/2/1976 | See Source »

...being paid for under old contracting procedures that the companies insist did not recognize how rapidly inflation and design changes would kick up their construction costs. Result: builders are presenting $2.4 billion in past claims; the Navy will only recognize $1.9 billion. Meanwhile, the shipbuilders are forced to dip into their own working capital to finance construction. They complain that the Navy has been trying to build too many ships with too little money. "You cannot expect a private company to finance the U.S. Navy," declares Glen McDaniel, chairman of Litton's executive committee...

Author: /time Magazine | Title: SHIPBUILDING: Rebellion Rampant in the Yards | 7/26/1976 | See Source »

...improvink alvays mekink batter? I esk! I enser−I got de fonny fillink no. Like in my job−cotter mens cloths−seemple is bast. Rosten (here I'm mekink dip bow to mine creator) is dis time cotting too fency. Is mekink too many gegs an' stratching averyt'ing ot too lonk...

Author: /time Magazine | Title: Books: New Void Symphony | 6/28/1976 | See Source »

...Looking at it purely bluntly," McCartney reflects now, choosing the words carefully, "there was sort of a dip for me and my writing. There were a couple of years when I had sort of an illness. I was a little dry. Now I'm not ill any more. I feel I'm doin' fine." Shoring up his defenses, drawing his family tight around him, McCartney hymned Linda endlessly. "You want to know about his family life, you can hear it in his music," says

Author: /time Magazine | Title: McCartney Comes Back | 5/31/1976 | See Source »

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