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...become depersonalized. For the rest, it is all too often a compulsion. "The time of gift giving is a time of reckoning," says Alvin W. Gouldner, sociology professor at St. Louis' Washington University. "We reckon up where we stand and whom we wish to remain tied to. The giver has not only the anxiety of trying to guess what the recipient would like, but also the added anxiety of projecting a suitable image of himself...

Author: /time Magazine | Title: Essay: THE ART OF GIVING | 12/16/1966 | See Source »

...Generous Giver. Yet those same employees were beneficiaries of one of the U.S.'s first plans for paid vacation and sick leave. Kresge's Methodist upbringing had taught him to be charitable as well as chary. He became a far-ranging philanthropist. In 1924, before foundations had become popular as tax-relief devices, he established the Kresge Foundation, gave $1.6 million in Kresge stock to get it started...

Author: /time Magazine | Title: Executives: The Pinch-Penny Philanthropist | 10/28/1966 | See Source »

Support from the Club. Though many businessmen were miffed by Johnson's Indian-giver tactics on the 7% tax credit, his proposal was endorsed in testimony before Chairman Wilbur Mills's House Ways and Means Committee by three corporate chiefs: A.T. & T.'s Frederick Kappel, the Pennsylvania Railroad's Stuart Saunders and Campbell Soup's William Murphy. They agreed to testify under pressure. Commerce Secretary John Connor phoned Murphy, urged him to testify and to recruit other members of the President's "club" of business advisers to come...

Author: /time Magazine | Title: The Economy: The Day of the Little Bulls | 9/23/1966 | See Source »

Western imagery abounds in conflict with the elements -man harnesses nature, tames the wilderness and conquers space. The Eastern mode, on the contrary, is to create a balance with nature and to identify even with nature's terrible aspects. India's mother goddess, giver of life, is also black and bloody Kali, the bringer of death and destruction. The West divides good and evil, and thinks evil can be destroyed-St. George killing the dragon, the Virgin crushing the serpent beneath her heel. The Hindus revere the serpent as the symbol of all nature, good and vile together...

Author: /time Magazine | Title: Essay: ON UNDERSTANDING ASIA | 7/1/1966 | See Source »

...chairman. He succeeded Richard E. Cross, who became chairman of the executive committee in order to devote more time to his Detroit law practice. A.M.C.'s crusty Roy Abernethy remained as president and chief executive, but Evans quickly made it obvious that he intends to be the new giver of gospel. While Abernethy scowled at a press conference and puffed a six-inch cigar down to the stub, Evans committed the automaking heresy of knocking the styling of his company's cars. For this he blamed-however illogically-former A.M.C. Boss George Romney, who left a full four...

Author: /time Magazine | Title: Executives: American Motors' New Gospel | 6/17/1966 | See Source »

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