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...Program." The burial began a fortnight ago, when the Senate voted 20-11 to keep the income tax bill off the floor. Romney mustered only eleven G.O.P. votes; nine Republicans and eleven Democrats voted against...

Author: /time Magazine | Title: Nation: Interment in Michigan | 11/22/1963 | See Source »

Stronger Footing. When margins have been raised in the past, the market has usually responded by dropping for a fortnight or so, then climbing anywhere from 5% to 27% for three months to a year before topping out. Last week the Dow-Jones industrial in dex worried off 5.19 points in the first day after the hike, but came back 6.78 points in the next two days to close the week at 750.81. Where the market will move next depends much less upon margins than upon the soundness of the U.S. economy. As of last week, U.S. business was climbing...

Author: /time Magazine | Title: Wall Street: Room at the Top | 11/15/1963 | See Source »

Stud Poker. Hill intends to fight such adversity with diversity. He has branched into a blouse manufacturing firm, and a fortnight ago joined other millionaires, including Industrialist Charles Clore, in something of a stud poker game: they are starting a cattle-breeding service with a number of Friesian bulls. But despite the fact that gambling built his own fortune of $30 million, Hill has not placed a bet for nearly ten years. He figures that he would not get a kick out of it if he won, and would be very annoyed if he lost. He has even become slightly...

Author: /time Magazine | Title: World Business: Betting with Bill | 11/15/1963 | See Source »

Power Struggle. Though primarily a defense contractor, Itek is not bothered by talk of disarmament. Two-thirds of its sales come from aerial reconnaissance cameras and systems that are useful in gathering military intelligence and would be valuable for policing disarmament. A fortnight ago, during the Operation Shoal underground nuclear blast in Nevada, an Itek nine-lens aerial camera went through its first test to see if it could detect the explosion by noting distortions on the ground below. Early results of the test, says Lindsay, are promising...

Author: /time Magazine | Title: Technology: Itek Refocused | 11/8/1963 | See Source »

...modern artists. He lives like a loner-staying barely long enough in any one London flat to litter it and leave. Last week, having just ended a four-month toot, Bacon was back at his easel in a South Kensington mews flat that has been home for a scant fortnight. At the same time, 65 of his oils went on exhibit in Manhattan's Guggenheim Museum. It was the largest one-man show in the U.S. for a living British painter within the century...

Author: /time Magazine | Title: Art: In the New Grand Manner | 11/1/1963 | See Source »

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