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...Wilson cannot hold down wage increases in a period when his other taxation and monetary measures are taking hold, all credibility in the value of the pound will be undercut; British export costs, swollen by excessive wage gains, will rise, slowing foreign sales of everything from cars and gin to razor blades and woolens. Particularly because his is a Labor government, Wilson's ability to rein in wage demands is almost the litmus test of his ability to set his economy in order...

Author: /time Magazine | Title: Essay: HOW THE TEA BREAK COULD RUIN ENGLAND | 9/2/1966 | See Source »

...Hara. John Cheever, who writes of middle age with autumnal sadness, is its prose laureate. In O Youth and Beauty!, he tells of the ritual of Cash Bentley, a former track star turned 40 who, when the Saturday-night suburban party was guttering out between the empty gin bottles and the full ashtrays, would pile the furniture together in clumps and at a friend's revolver shot, go hurdling over...

Author: /time Magazine | Title: Demography: The Command Generation | 7/29/1966 | See Source »

...college chemistry major, it can be concocted in any laboratory containing sufficient equipment. In New York State, which for a year has had a statute making possession of LSD a jail offense, getting the drug is as easy as it once was to buy a quart of bathtub gin...

Author: /time Magazine | Title: The States: The Law & LSD | 6/10/1966 | See Source »

...Gin & Catchup. Most of the new breed had old family fortunes to build on, and they used that base imaginatively. Indian companies were formerly privately owned hodgepodges put together, without economic rhyme or reason, over the years. The new boys have turned their enterprises into stock companies to gain additional capital and are carefully tailoring operations so that they complement one another...

Author: /time Magazine | Title: India: Schoolboys Come of Age | 4/22/1966 | See Source »

Lucknow's Ved Ratan Mohan, 36, for instance, is India's biggest distiller. But in a nation where opposition to drink is strong and prohibition varies locally from state to state, Teetotaler Mohan has balanced his beer, gin, rum and whisky with breakfast foods, apple juice and catchup. Arvind Mafatlal, 43, who as oldest brother became chair man of Mafatlal Gagalbhai after his father's death eleven years ago, is leading it away from textiles and into more profitable chemicals. He has undertaken joint ventures with both Shell and Montecatini, has a $140 million expansion program under...

Author: /time Magazine | Title: India: Schoolboys Come of Age | 4/22/1966 | See Source »

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