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Worry & Save. To the distress of merchants and the dismay of the Government, the consumer has been conserving. The University of Michigan's Survey Research Center found that consumer confidence, as measured by the center's index of sentiment, dropped last November and December to its lowest point since the recession of 1958. In spite of record-high personal income, consumption rose only sluggishly and the demand for consumer credit reached its lowest point in four years. Personal saving, on the other hand, rose to 5.9% of income...

Author: /time Magazine | Title: Retailing: Uncle Sam Wants You--To Buy Something | 4/7/1967 | See Source »

...automated post offices, and has begun planning new methods of solid waste disposal for Fresno (Calif.) County. Lockheed, though still the top Pentagon contractor, with $1.5 billion worth of 1966 plane and missile orders, is battling General Dynamics and Litton Industries for a Navy ship contract?to the dismay of the nation's proudly inefficient conventional shipbuilders. Cleveland's TRW (nee Thompson Ramo Wooldridge) is designing a hospital operations system for Edmonton, Canada, studying ways to improve highspeed ground transportation for the Federal Government, devising a system by which California cities can cope more effectively with their growing pains...

Author: /time Magazine | Title: Aerospace: Mr. Mac & His Team | 3/31/1967 | See Source »

Sheer Monkery. Much to his parents' dismay, Luther kept the vow, two weeks later entered the Augustinian priory at Erfurt. Luther was a pious cleric. "I kept the rule so strictly," he recalled years later, "that I may say that if ever a monk got to Heaven by his sheer monkery it was I. If I had kept on any longer, I should have killed myself with vigils, prayers, reading and other work...

Author: /time Magazine | Title: Protestants: Obedient Rebel | 3/24/1967 | See Source »

...Brooks tackled the problem of relations with Ecuadorians by displaying an enthusiasm and a patience that can only astound--or dismay--other Vounteers. On their first day in town they politely demurred at the suggestion that they rent a spacious balcony apartment in town and instead set up house in a beach front dwelling of bricksand bamboo, located two miles away. The choice amazed local fishermen. "But only poor people live here," said one, unable to comprehend why gringos chose to reside in his barrio...

Author: By Efrem Sigel, | Title: Peace Corps: Millennium Is Yet to Come | 3/11/1967 | See Source »

...dismay with the government will, perhaps, be difficult to dispel. Yet the Institute, with free rein to invite just about anyone in government and to set up just about any kind of program it wants, is in a unique position to try. One effort perhaps should be to invite as honorary associates young and imaginative newcomers to the federal and state governments -- officials like Senator Mark O. Hatfield, or Mitchell Sviridoff of New York City's anti-poverty program -- who can give students an idea of the possibilities and excitement of politics and public service. The Institute could also...

Author: NO WRITER ATTRIBUTED | Title: Students and the Institute | 2/27/1967 | See Source »

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