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...more than 5%, and they have kept within that limit; last week, at the annual meeting of the American Bankers Association in Chicago, many bankers complained that too much pressure was being put on them and that more ought to be applied to business. The Administration now intends to harden Connor's program, may well put through more explicit though still "voluntary" limits on overseas investment and require that companies report precisely on each planned move abroad...

Author: /time Magazine | Title: Money: Spending Abroad, Lending at Home | 10/15/1965 | See Source »

...Scriptures of the Old and the New Testament as verbally inspired by God and inerrant in the original writings, and as the supreme and final authority in faith and life." Untold millions of people agree. Could any but a sectarian mind believe that a loving, merciful, just God would harden Pahraoh's heart (Exodus 11:10) so that he would not let the Israelites go, then kill in each Egyptian family because he would not (Exodus 12:29)? Or kill everybody on the earth except the few people in Noah's Ark? Surely the slaughtered children were not to blame...

Author: NO WRITER ATTRIBUTED | Title: WHY NOT ONE RELIGION? | 10/13/1965 | See Source »

Since it would have been more expensive to buy a new surface site, explained Architect Thad Harden, "we just dug a big hole and built the school in it." Two stories deep, the building has 18 classrooms, all completely soundproofed. The air is changed every three minutes, and with the elimination of dirt, windows and exposed walls, maintenance costs are drastically reduced. The school, which is also tornadoproof, looks best from the air. Zooming in to land, SAC pilots see only a neatly landscaped plot beneath which 475 pupils peacefully study, full time...

Author: /time Magazine | Title: Public Schools: New Digs | 2/5/1965 | See Source »

...LABOR: While the President asked for repeal of the Taft-Hartley Act's Section 14-B, which allows states to have right-to-work laws that prohibit compulsory union shops, any real presidential pressure to force this measure through Congress would almost certainly create an uproar. It might harden the conservative-liberal schisms in both houses to the point where Johnson could lose valuable support on other more important bills. Though repeal of the clause was demanded in the 1960 and 1964 Democratic platforms, there seems little likelihood the President will risk a fight for it now. Says Mansfield...

Author: /time Magazine | Title: The Congress: An Adequate Number of Democrats | 1/15/1965 | See Source »

...lest legitimate criticisms and queries harden into self-righteousness, a sense of perspective must be maintained. The issue of morality in Washington is to some extent the last gasp of Senator Goldwater, who has failed to score with anything more tangible. Johnson's error, if and when it is proven, must be viewed alongside his many accomplishments. And the question of morality, if it is to be judged at all, becomes miniscule when compared with the other "moral" questions on which Senator Goldwater is contemptible: civil rights, poverty, or nuclear arms, for example...

Author: NO WRITER ATTRIBUTED | Title: Johnson for President | 10/20/1964 | See Source »

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