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Threatened Fabric. Most Europeans regard U.S. willingness to raise taxes as the gauge of its resolve to put its fiscal affairs in order. Technically, budget and payments deficits can be curbed by any combination of higher taxes and lower spending that bites deep enough. Since last fall, the impasse between Congress and the President over the mixture has thwarted meaningful action. Now there are a few signs of movement. Two weeks ago, Johnson offered to trim his budget request for fiscal 1969 by $9 billion-but only if Congress approves his plea for a 10% income-tax surcharge to siphon...

Author: /time Magazine | Title: Money: It Could Be Dawn | 3/29/1968 | See Source »

...Killy case evoked memories of Jim Thorpe, who won the decathlon and pentathlon at the 1912 Olympics, then was forced to give back his medals because he had once accepted a few dollars to play semipro baseball. And it illustrated how deeply the hypocrisy of "shamateurism" stains the fabric of sport. If Killy did accept money for a story, is he any less an amateur than the tennis star who collects under-the-table payments from promoters? Or the basketball ace who gets discounts from the" stores and restaurants in his college town? And how about the "amateur" Communist athletes...

Author: /time Magazine | Title: The Olympics: Hero in the Dock | 3/15/1968 | See Source »

...moment, in the name of the highest sounding principles, the parties to the conflict in our country are fast reducing our villages and cities to ashes and rubble, in the process, tearing apart the whole fabric of our society...

Author: NO WRITER ATTRIBUTED | Title: The Statement | 3/13/1968 | See Source »

...during Clark Clifford's tenure as Secretary of Defense. If he can help to reduce the disarray in NATO and other U.S. alliances, and to restore the amity that once existed between Capitol Hill and the White House, he will have done much to reweave the badly rent fabric of national unity...

Author: /time Magazine | Title: The Administration: Clifford Takes Over | 3/8/1968 | See Source »

...writes Rees, "homosexuality, among undergraduates and dons with pretensions to culture and a taste for the arts, was at once a fashion, a doctrine and a way of life." It also reached well beyond the university. Since Oxford and Cambridge produced the governing classes of Britain, the whole social fabric was deeply dyed with a homosexual sensibility...

Author: /time Magazine | Title: Critics: Homosexuality Between the Wars | 3/8/1968 | See Source »

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