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...outside chance that the President refuses to provide testimony, the defense can ar gue that it is being denied due process of law because a vital witness is withholding information. But the defense expects Nixon to repeat in writing what he stated last May: even though he did not order the Los Angeles break-in and in fact disapproved of it, he believed that the plumbers were acting in the interest of national security. Ehrlichman and the other two defendants argue that they are the victims of "discriminatory prosecution"; that is, they are being prosecuted for an act (illegal breaking...

Author: /time Magazine | Title: The Nation: A Subpoena for Nixon | 2/11/1974 | See Source »

Many parents are outraged. They ar gue that young girls should not wear any kind of earrings, let alone a type that might permanently scar their ear lobes. Other parents point out that in order to hide the hole, most of the girls wear their earrings all the time, even when they look ridiculous. Comments the headmistress of a boarding school in Lake Forest, Ill.: "Earrings are fine for parties and dates, but not for bending over algebra...

Author: /time Magazine | Title: Fads: Airy Lobes | 10/15/1965 | See Source »

...Solution. Some Wall Streeters ar gue that the tax, which is expected to pass by spring, will seriously weaken New York's carefully cultivated role as the leading international money market. Other bankers in the U.S. and Europe disagree, believing that borrowers will have to come back despite the higher rates simply because there is not enough ready capital in Europe to satisfy world demand. Probably no U.S. action-other than the unthinkable step of ending the nation's free capital market tradition by closing out foreigners altogether-can stem the outflow of investment capital from...

Author: /time Magazine | Title: Western Europe: The Medieval Capital Markets | 2/14/1964 | See Source »

...badly that normal regrowth is stopped or stunted. In pre-Castro years, Cuba could count on about 5,000,000 tons of sugar, for which it got an average $500 million, most of it from the U.S. in preferential prices. Fortnight ago, Cuba's Minister of Industry, Che Gue vara, who, if nothing else, is the most candid of Cuba's new rulers, reported on this year's crop to a meeting of sugar workers: "The first thing we must say is that this harvest has been...

Author: /time Magazine | Title: The Hemisphere: Moscow's Man in Havana | 4/27/1962 | See Source »

...take his place there? His son-in-law Pierre is the natural candidate, but Pierre cares nothing for industry and responsibility, or, for that matter, for his pretty young wife, Micheline. Pierre dreams of being a track star, keeps a picture of the great runner Ladoumègue on his bedroom wall and, pointing to the picture, tells his frustrated wife every morning, "That's a real...

Author: /time Magazine | Title: Books: Fools on the Brink | 4/23/1951 | See Source »

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