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...money policies. Last week the Dow-Jones average of New York Stock Exchange industrials went down five days in a row. The Dow closed out at 804.62, lowest since June 9, 1964. In all some 700 of the 1,250 Big-Board stocks hit 1966 lows. Previously high-flying glamour stocks followed slumping blue chips. Xerox fell off 37 points to 193¼. Optics specialist Itek, a newcomer to the Big Board, sank 15⅛, Polaroid 15, Fairchild Camera...

Author: /time Magazine | Title: The Economy: Bankers' Brakes | 8/26/1966 | See Source »

...played it so beautifully at Aspen was 38-year-old Jacob Lateiner, whom most professionals would call "a musician's musician," which is another way of saying that he lacks the glamour and glitter so dazzling to most nonprofessionals among concert audiences. The pros, on the other hand, call him one of the finest interpreters of Beethoven since Artur Schnabel. "The remarkable quality about Lateiner's playing," says Composer Elliott Carter, "is his depth of understanding." It is an understanding that Lateiner has distilled from scholarly scrutiny of the original manuscripts of the music he plays. A collector...

Author: /time Magazine | Title: Pianists: A Later Vintage | 8/19/1966 | See Source »

...itself has less glamour-and more administrative headaches-than most Cabinet posts, but a few men used the Colonial Office as a steppingstone. Gladstone was a Colonial Secretary when the job was still under the War Office. Winston Churchill was Under Secretary from 1906 to 1908 and steered through Commons a bill granting self-rule to the recently defeated Boers in South Africa. Reginald Maudling served as Colonial Secretary before he became Harold Macmillan's Chancellor of the Exchequer. The present Secretary is Fred Lee, 60, who last week was in the Southwest Pacific on a trip to British...

Author: /time Magazine | Title: World: No Time for Tears | 8/12/1966 | See Source »

What is fascinating about Bacall is not so much her kinetic sea-green eyes or her svelte-as-sin 129-lb. body, but the distillation of glamour into poise, inner amusement, and enriched femininity that no 20-year-old sex kitten has lived long enough to acquire. Playgoers can sense the discipline that shapes her performance, the reliable professionalism of the middle years, so that in her deft command of her craft as an actress-comedienne she is an authentic as well as beguilingly lovely symbol of the generation...

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

Babe Ruth survived as a hero largely because his young admirers never realized that his private life was pretty disheveled. Today's sports hero is more widely known, but loses glamour when seen combing greasy kid stuff out of his hair. Americans like their heroes earthy, whether it is Ted Williams or Casey Stengel-but he must not be too loutish. Jackie Robinson is elected because he displayed grace under the pressure of breaking the color bar in baseball. Still, the arena is crowded; so many good athletes are on view that heroes, as distinct from mere record breakers...

Author: /time Magazine | Title: Essay: ON THE DIFFICULTY OF BEING A CONTEMPORARY HERO | 6/24/1966 | See Source »

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