Word: fortnightlies
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...individual incentive. Along with this shift has come an awareness that burdensome taxes act as a brake upon economic growth. Businessmen have long maintained that the upper-bracket tax rates are economically pernicious, but it is a refreshing novelty when the A.F.L.-C.I.O. officially suggests, as it did a fortnight ago, that the top tax rate be slashed from the present 91% to 65%. And it is a sign that an idea is on the march when a Democratic President of the U.S., a political heir of Franklin Roosevelt and Harry Truman, declares that "our tax system exerts too heavy...
...secede from his crumbling, nine-year-old federation. Under a black majority headed by Dr. H. Kamuzu Banda (he no longer calls himself Hastings-too British), an urbane onetime London general practitioner, Nyasaland is expected to quit within a year. Northern Rhodesia, whose first black government took over a fortnight ago and likes the idea of keeping the $320 million-a-year copper-mining industry all to itself, would like to follow suit. Even in Southern Rhodesia, once the most enthusiastic of the federation's three members, the newly elected white Rhodesian Front government (TIME, Dec. 21) has declared...
...last push simply by stalling long enough, U.N. Secretary-General U Thant decided to act. His instrument for "reconciliation"' is known simply as "The Plan," a four-part program drawn up last August and designed to force Tshombe to bring his mineral-rich province back into the Congo. Fortnight ago, Thant decided to stir up some action. Off to Britain, Belgium, Portugal and South Africa went letters urging a boycott on the copper and cobalt that earn some $200 million in foreign exchange for Katanga's giant Union Miniere each year. Most merely shrugged. Then, Adoula wrote...
...fight, Machen showed enough of his old form to climb back until he again ranked as the No. 1 challenger-but a title fight for a man knocked out so easily seemed far away. Heavyweight Champion Sonny Liston might agree to fight, but would anybody come to see it? Fortnight ago, on a highway near Vallejo, Calif., a state policeman found Machen in a parked car with a loaded gun, muttering about committing suicide. Bundled off to Napa State Hospital, he went berserk, knocked out two attendants. Last week, described by doctors as an "acute schizophrenic," his boxing career apparently...
Willard Wirtz, who fortnight ago spent a day in Manhattan vainly trying to bring both sides together, visited town again-but principally to clue himself on an incipient New York maritime strike. Going into its third week, Manhattan's newspaper strike was no nearer settlement than when it began...