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...those fears have been heightened. Several firms have failed, some others are in obvious financial trouble and the top officers of the New York Stock Exchange are desperately asking Washington for emergency help. Nobody expects a repeat of the classic 19th century panics, when brokerage houses went under in domino fashion, trading was suspended on the Exchange and Wall Street was crowded with frantic depositors trying to get their money from failing banks. But if the situation gets much worse, it could hurt some investors, scare others and provoke selling that would drive stock prices still lower...

Author: /time Magazine | Title: Wall Street: Looking for More Money | 3/30/1970 | See Source »

Back in the 1950s, when Clyde J. Key was a high school student in Fort Towson, Okla., most of the kids looked up to musicians like Elvis Presley, Fats Domino and Bill Haley. Not Clyde. His idol was Conductor Arturo Toscanini. In 1957, when Toscanini died at the age of 89, Clyde had a dream in which he came upon the old man's weeping, grief-stricken ghost in a desert...

Author: /time Magazine | Title: Music: Underground Toscanini | 3/2/1970 | See Source »

Most working people, contrary to popular opinion, are not Pavlovian morons who salivate at the word "Communism." Red-baiting is no longer enough to justify a raging inflation that undercuts each paycheck more than the one before it. The domino theory doesn't soften the blow of being laid off, as 12,000 Boeing workers on the west coast were last month, by the routinization of war production...

Author: By Jeffrey S. Golden, | Title: The WarThe SMC Cop-out | 2/20/1970 | See Source »

Whereupon the domino theory is poked fun at. Joe's column is read in Washington, Washington sends military and pacification men out to solve the communist menace from the north, the northern menace is actually a CIA agent, and after coup and counter coup our own embassy ends up reeling under a U. S. bombing attack...

Author: By Timothy Carlson, | Title: New York Sheep in the Balcony "Sheep on the Runway," Helen Hayes Theatre, N. Y. C. | 2/13/1970 | See Source »

...they may soon find their crops afflicted with six pests that are resistant to the chemicals. Worse, the impact of a pesticide like DDT can be vastly magnified in food chains. Thus DDT kills insect-eating birds that normally control the pests that now destroy the farmers' crops. The "domino theory" is clearly applicable to the environment...

Author: /time Magazine | Title: Environment: Fighting to Save the Earth from Man | 2/2/1970 | See Source »

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