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Weizman, nephew of the first President of Israel, will probably be named Minister of Defense, succeeding Peres. Begin could decide to keep the Foreign Ministry portfolio himself???although he may offer it to Yadin, to attract support from the D.M.C. Simcha Erlich, 57, leader of the Liberal Party (one of the six that make up the Likud coalition), is a strong candidate to become Finance Minister. As his price for joining the coalition, Ariel Sharon would like to become chief of staff, a job now held by Lieut. General Mordecai Gur, a longtime ally of Moshe Dayan. Members...

Author: /time Magazine | Title: ISRAEL: TRIUMPH OF A SUPERHAWK | 5/30/1977 | See Source »

...hooked on drugs. After he moved into the penthouse atop Las Vegas' Desert Inn in 1966, he was consuming vast amounts of Empirin and later Valium. While beneficial for headaches and nervousness when taken in small amounts, overdosage causes doziness and mental lapses. Later Hughes began openly injecting himself???often in the groin?with hypodermics rilled with a clear fluid. Stewart and Margulis do not know what the syringes contained, but they observed the effects: Hughes would become drowsy and incoherent. His drugs, "my medication," were kept in a metal box that was always taken with him. Whenever...

Author: /time Magazine | Title: TYCOONS: The Secret Life of Howard Hughes | 12/13/1976 | See Source »

Somewhere along the line, a friendly soul?or perhaps Ford himself???evidently held on to the check until he was able to get his personal account back into balance. Not until Jan. 11, 1973, did the check clear the Federal Reserve Bank of Richmond, which processes checks for Washington-area banks. Thus, Ford had the personal use of campaign funds for some six weeks...

Author: /time Magazine | Title: THE CAMPAIGN: FORD'S TOUGHEST WEEK | 10/18/1976 | See Source »

...stage is thus finally set for a full and hard-hitting inquiry in which any protection of the men around Nixon?or of the President himself???will be most unlikely. The federal grand jury in Washington, which has been looking into the Watergate case since last summer, will continue to take testimony from all the suspects and from other witnesses. Senator Sam Ervin's Select Committee on Campaign Practices expects to begin televised hearings next week on Watergate and Republican campaign-disruption tactics...

Author: /time Magazine | Title: THE ADMINISTRATION: Nixon's Nightmare: Fighting to Be Believed | 5/14/1973 | See Source »

...DEVALUE THE DOLLAR. By abrogating the 22-year-old U.S. pledge to exchange dollars for gold, the President set off a chain of events that will almost certainly lead to worldwide monetary reform (see story, page 14). He chose to do so in the most palatable way possible for himself???by forcing other nations to revalue their currency upward against the dollar rather than by declaring a lower value for U.S. currency. By making the dollar worth less abroad, he automatically turned U.S. goods sold there into a better buy?and thus increased the nation's sagging export potential...

Author: /time Magazine | Title: The Economy: Exploring the New Economic World | 8/30/1971 | See Source »

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