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...beginning of the Depression. In addition, the act was seen as a way of punishing the banking industry, which was held responsible by much of the public for bringing on the collapse of the financial system. The Federal Reserve's Regulation Q gives the Government the authority to fix the level of interest paid by banks. Thrift institutions are permitted to pay ¼% more as a way of attracting funds for the home mortgages that they normally provide. At present, banks pay 5¼% and thrifts 5½% on passbook accounts...

Author: /time Magazine | Title: The Savings Revolution | 6/8/1981 | See Source »

...case, Smith says he'll just play it by ear, convinced that the nature of his calling will somehow reveal itself "St. Francis changed the whole world," Smith points out, "and all he tried to do was fix a church...

Author: By Adam S. Cohen, | Title: God in the Garden | 6/4/1981 | See Source »

...admit some minority students with prior grades and test socres somewhat below those of other applicants whome we must run aside... This does not mean that we should admit persons who are not well qualified to meet our academic standards, nor does it mean that we should fix some predetermined goal or quota for minority students or for any other category or group. All applicants must be evaluated as individuals, and attention must be paid in each case to all of the characteristics and qualities that relate to our educational goals. In making these assessments, however, we cannot rely exclusively...

Author: By Compiled BY Alan cooperman, | Title: Bok on the Record | 6/4/1981 | See Source »

...weren't so sad. "Don't strain yourself," were Christopher's parting words. "Just leave the dishes in the sink." But I washed every one as reverently as if it were a part of him, and then I snooped all through the tiny house, hoping to get a clearer fix on him by absorbing the flora and fauna of his life into my skin...

Author: By Carol G. Becker, | Title: Growing Up Innocent in a Quiet Age | 6/2/1981 | See Source »

...something to watch. In air and bearing, she possesses regal command. Her arrant good looks, particularly those thrush-startled violet eyes, fix all other eyes upon her. On glimpsing her, Poe might have written his poem "To Helen" apostrophizing the most beguiling beauty of the ancient world. QE3 (as someone recently nicknamed Taylor) conjures up that grace and grandeur...

Author: /time Magazine | Title: Theater: Plunderers in Magnolia Land | 5/18/1981 | See Source »

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