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...hear Jerry Ford, the economy is moving onward and upward, recovering nicely (thanks to excellent Republican prescriptions) from deep recession and dire inflation, shaking off the effects of a little setback in the past few months. Says Ford: "We have had a pause. We are now coming out of the dip, and I believe that all, or practically all economists recognize that the economy is continuing to improve and will get better in this quarter...

Author: /time Magazine | Title: ISSUES: THE POCKETBOOK ELECTION | 11/1/1976 | See Source »

Days in the Trees seems like a bad dream from which the playwright could not awaken. Nor can the actors who shudder convulsively with the dire reality...

Author: /time Magazine | Title: The Theater: Nothingness Is All | 10/11/1976 | See Source »

Given some commonplace materials, a simple lab and a certain amount of fissionable uranium or plutonium, almost any competent physicist can build an atom bomb nowadays. This unfortunate fact of technological life has stirred dire warnings that sophisticated terrorist groups might build such bombs and use them to blackmail the world -a kind of ultimate crime. While the prospect causes a great deal of official worry, it also provides almost any competent thriller writer with a readymade plot that has everything: timeliness, tremendous stakes and, above all, the appalling specter of a mushroom cloud billowing over a peaceful land...

Author: /time Magazine | Title: Books: Notable | 10/4/1976 | See Source »

Survival, if by less dire means, is a subject for which Allan Carr has near-Andean credentials. He was hopelessly show-biz-struck as a kid named Alan Solomon in suburban Highland Park, Ill. At 21 he changed his last name and the spelling of his first. He landed a job as general manager of Chicago's Civic Theater, staging such productions as The World of Carl Sandburg, with Bette Davis and Gary Merrill. "I also flew in Carl Sandburg," Carr recalls superciliously, "who brought a little carton of goat's milk." The aspiring entrepreneur arrived in Hollywood...

Author: /time Magazine | Title: Show Business: The Gatsby of Benedict Canyon | 8/30/1976 | See Source »

...from Rockefeller's high-minded conviction that the Chase should be a good corporate citizen. To help bail out New York City, the Chase bought more of the city's notes and bonds than any other bank did-$408 million, at last count. The city's dire financial condition makes these investments unattractive. The bank has also spent $731 million in REITs (for real estate investment trusts). Since real estate was particularly hard hit by the recession, nearly three-quarters of the Chase's REITs are either producing no interest income or less than they were...

Author: /time Magazine | Title: BANKING: Finishing a Poor Third | 8/9/1976 | See Source »

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