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...Felix is surely one of the subtlest, wittiest and kindliest of a civil servant in a long time, and the story of his reluctant, harassed but courageous progress through the murderous fiddle-de-dee of the year 406 is told without a word out of place. As an extra dividend, the book is clearly intended for reading as an oblique comment on the British character, and especially on the modern British bureaucracy. Author Duggan seems to suggest that, given a bowler and bumbershoot to go with his tidy, official face, Felix might patter along Downing Street without winning a second...

Author: /time Magazine | Title: Books: Bureaucrat in a Bog | 1/26/1953 | See Source »

...just as gloomy as the Alsops. He said: "The destructive power of atomic weapons includes not only explosive blasts of force and heat but also the gamma ray-a ray which is deadly to human life. The gamma ray is, as it were, a horrible new byproduct-a deadly dividend-of the atomic explosion. "It seems to be impossible to understand the political and military implications of the existence of atomic weapons...

Author: /time Magazine | Title: ARMED FORCES: H-Bomb Hand-Wringing | 1/19/1953 | See Source »

...McCarthy used his $10,000 Lustron fee to buy stock in the Seaboard Air Line Railroad, which owed more than $15 million to RFC. When he bought the stock, it hadn't paid a dividend for many years. The stock went up and Joe sold 1,000 shares last September at a profit of $35,614.75. Asked the subcommittee: "Was there any relationship between Senator McCarthy's position as a member of the Senate Banking and Currency Committee and his receipt of confidential information relating to the stock of the Seaboard Air Line Railroad...

Author: /time Magazine | Title: INVESTIGATIONS: McCommitteeism | 1/12/1953 | See Source »

Another memorable year was 1907. After a long debate the paper decided not to incorporate; instead it instituted a three-man supervisory Graduate Committee, and it paid out a dividend before the staff left College in June--something it never did before or since...

Author: By Richard A. Burgheim, | Title: The Crime---Action and Achievement | 1/8/1953 | See Source »

...only man who knows, and he is not inclined to say. His consolidated statement for last year indicated that his firm rolled up a gross profit before taxes of 831,864,738 cruzeiros ($43.4 million). Thanks to Brazil's easygoing tax laws, which take only 17½% of dividend returns, Majority Stockholder Matarazzo's income for the year soared high into the millions even on this somewhat sketchy accounting. Yet the count works day & night pyramiding his holdings ever higher. Last week he announced that beginning Jan. 1 the firm's listed capital will be increased...

Author: /time Magazine | Title: BRAZIL: An Even Billion | 12/22/1952 | See Source »

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