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Less extreme pessimism is being expressed even by some minority voices within the Government. Treasury Economist Herman Liebling has warned in a confidential memo that prices could rise as much as 6% next year. His reasoning: labor productivity is likely to drop while wages keep rising, intensifying cost pressure on prices. J. Dewey Daane, a member of the Federal Reserve Board, expressed doubt that price increases will slow to a "tolerable" rate even by the end of 1970, despite the Board's tight squeeze on credit...

Author: /time Magazine | Title: Business: INFLATION JAWBONING, NIXON-STYLE | 11/28/1969 | See Source »

...came into this world with nothing," says Herman W. Ryals, a retired civil service worker, "and it looks as though that's the way I'm going to leave it." His lament is becoming familiar among the thousands of Gulf Coast victims of last August's Hurricane Camille. Nothing remains of the crippled Ryals' modest frame home near the beach at Gulfport, Miss., and he and his wife now live in a leased trailer on their hurricane-stripped lot. His insurance company offered to pay only 25% of his claim, says Ryals, so he has hired...

Author: /time Magazine | Title: Insurance: Stormy Settlement | 11/28/1969 | See Source »

...individual positions. Brown offers outstanding talent. Sparkplug of the forward line is co-captain Herman Ssebazza, a native of Uganda. A wing. Ssebazza was selected to the All-American team last year...

Author: By Robert W. Gerlach, | Title: Ivy Title at Stake Booters Will Try Today to Finish Brown's Six-Year Ivy Soccer Reign | 11/15/1969 | See Source »

Whatever the results of the election, New York's party system will never be the same. Most liberal politicians have deserted their party's standard-bearers to support Lindsay. These include Herman Badillo and Percy Sutton, Democrat boroughpresidents of the Bronx and Manhattan and New York's Republican Senators, Charles Goodell and Jacob Javits...

Author: By Frank Rich, | Title: Major Cities Vote Today | 11/4/1969 | See Source »

...names of the war dead were read. A pair of high school sweethearts from Blackwood, N.J., attended an M-day rally at Glassboro State College, then committed suicide together. Across the Hudson, New York's city hall wore the black and purple bunting of mourning. Mayor Herman Zogelmann of Wellington, Kans. (pop. 8,391) cooperated with the American Legion post to drape the town in patriotic tricolor. Across the country-in drenching San Francisco rain, in ankle-deep Denver snow, in crisp New York fall sunshine-Americans took part in a unique national Happening...

Author: /time Magazine | Title: Nation: KALEIDOSCOPE OF DISSENT | 10/24/1969 | See Source »

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