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...fitter than we are," Stewart quipped to the others. "There he goes, striding along like Marco Polo." Holt strolled down the beach and dived into the chill waters. "If Mr. Holt can take it," Stewart said, "I'd better go in too." He went for a dip but, discouraged by the condition of the water, quickly returned to the others. By now, the tide had turned and was rushing out. As he swam, his head bobbing above the waves, Holt was carried farther and farther out into a broad stretch of swirling water. "Suddenly," Mrs. Gillespie recalls...

Author: /time Magazine | Title: Australia: Down to the Sea | 12/29/1967 | See Source »

...recessions. To forestall such a possibility, the Federal Reserve Board moved in its role as a monetary balance wheel. In place of its tight money policy of 1966, the Fed all year literally stuffed banks with funds. In its early stages, the massive infusion helped to keep the economic dip trivial. For a few months, interest rates fell, but as the mini-recession melted away, voracious business demand for loans reversed that trend. Corporations borrowed $16 billion through bonds and other debt securities in 1967, almost half again as much as a year earlier. State and local borrowing also rose...

Author: /time Magazine | Title: Business: -BUSINESS IN 1967-THE NERVOUS YEAR- | 12/29/1967 | See Source »

...campaign, Harvard fell from the heights of Eastern hockey to a miserable 9-15 record, Coach Cooney Weiland's first dip below .500 in more than a decade. But Harvard was building. The last three freshman teams have been better than almost everyone except the following year's team (and this trend may be continued this winter...

Author: By Robert P. Marshall jr., | Title: Skaters Debut Against St. Nick's Tonight | 11/29/1967 | See Source »

...keep hearing a great river of sound flowing around me," says Japanese Composer Toru Takemitsu, "like machines grinding away or air whooshing out of a ventilation duct, or voices of people talking with each other. As a composer, I merely dip my hands into this river and ascertain the meaning of whatever sounds I've fished from...

Author: /time Magazine | Title: Composers: In an Icy Forest | 11/17/1967 | See Source »

...other academic circles, the dilettantes of education play intellectual games and talk cleverly of cultural deprivation. They write government proposals, requesting funds for pilot programs, involving themselves in the agony of the ghetto to the same degree and with the same embarrassed caution that delicate ladies use when they dip their toes into the edges of cold or unfamiliar waters. Denying its historic role of protest, the University of Harvard stands comfortably in brick and ivy on the safe side of the Charles River, enjoying the passage of another football season, and talking politely at congenial cocktail parties about...

Author: NO WRITER ATTRIBUTED | Title: Kozol Scores Boston Schools And Harvard's Apathetic Role | 10/21/1967 | See Source »

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