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...Forever? An even graver question is the duration of any wage-and price-control policy. Businessmen, while admitting the necessity of controls, are frankly afraid that they will become permanent. "I know of no country, other than one distraught by war, that ever started down this road and then came back," says Leslie Peacock, president of San Francisco's Crocker-Citizens National Bank. Nixon has proclaimed that any Phase II control mechanism will be only a "way-station" on the road back to free markets. If inflation substantially calms down, he may campaign for re-election on a promise...

Author: /time Magazine | Title: The Economy: What to Do in Phase II | 10/11/1971 | See Source »

...verdict is "tearing this country apart, it is good because maybe it will make [Americans] look within themselves to find out what's wrong. I don't think it will hurt the U.S." Maybe not. Yet the crisis of conscience caused by the Calley affair is a graver phenomenon than the horror following the assassination of President Kennedy. Historically, it is far more crucial. Within its limits, the Warren Commission served to mute much of the national agitation that ensued after Kennedy's death. Nixon has ruled out a Warren-style review of the Calley case itself, but there...

Author: /time Magazine | Title: The Nation: The Clamor Over Calley: Who Shares the Guilt? | 4/12/1971 | See Source »

...graver problem is the pervading sense of anomie, a social disintegration that has created a breach with mainland supporters, including other Indian groups. The invasion euphoria was inevitably dissipated by the exigencies of day-to-day survival. Then tragedy happened a few months after the occupation when the eight-year-old daughter of the group's chief spokesman, Richard Oakes, fell to her death down a three-story stairwell. Already under suspicion because of his handling of donations, Oakes left the island...

Author: /time Magazine | Title: Anomie at Alcatraz | 4/12/1971 | See Source »

...sure, jails vary widely from two-cell rural hovels to modern urban skyscrapers. But the vast majority treat minor offenders?and the merely accused?more harshly than prisons do felons, who commit graver crimes. The jail mess is typified by New Orleans' Parish Prson, a putrid pen built in 1929 to hold 400 prisoners. It now contains 850?75% of them unsentenced. Money and guards are so short that violent inmates prey on the weak; many four-bunk cells hold seven inmates, mattresses smell of filth and toilets are clogged. Prisoners slap at cockroaches "so big you can almost ride...

Author: /time Magazine | Title: The Law: The Shame of the Prisons | 1/18/1971 | See Source »

...faded, Chairman Saunders pressed anew for rate increases. In February, he met with Transportation Secretary John Volpe, members of the ICC, and staff men at the Treasury and the White House. "The tone was one of moderate financial stress," a Government official recalls. Actually, the company was in much graver trouble than that. "There were times when we frankly wondered if we'd be able to meet our payroll," said a Penn Central executive last week...

Author: /time Magazine | Title: Business: Uncle, Can You Spare Some Millions? | 6/22/1970 | See Source »

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