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Economist Burns served notice that the Eisenhower Administration is ready to curb credit in housing, the stock market or automobiles to nip any speculative boom. Burns also tossed off a veiled hint that the prospect of tax cuts next year depends on a sharp cut in Government spending. Said he: "Balancing the budget is imperative in a time of high prosperity." Signs of high prosperity seemed to be everywhere last week...

Author: /time Magazine | Title: STATE OF BUSINESS: Warning Light | 6/27/1955 | See Source »

...reports indicated that Candidate Stevenson has steeled himself to face any G.O.P. standardbearer, even if his name should be Eisenhower. An early hint of Stevenson's resolute state of mind came last month when he repudiated the proposal of his ex-national chairman, Stephen Mitchell, to saddle the South with an oath of party loyalty at the 1956 national convention. The point was not lost on Southern leaders. To them, Stevenson seems less immoderately liberal than the visible alternatives: New York's Harriman, Michigan's Williams, Tennessee's Kefauver...

Author: /time Magazine | Title: DEMOCRATS: The Candidate | 6/20/1955 | See Source »

...Tory vote by running a smooth, prosperous administration. One of his first moves was to settle a long taxation feud between the Ontario and federal governments. Frost tried no spectacular political experiments, but he kept taxes low, increased welfare grants, ran his cabinet so efficiently that hardly a hint of discord ever was heard outside the caucus room...

Author: /time Magazine | Title: The Hemisphere: Tory Landslide | 6/20/1955 | See Source »

Memphians and tourists alike have deplored the change. Touring Comedian Danny Thomas added his lament to the rest. In Memphis he dashed off a song Bring Back Our Beale Street Blues, a couple of nights later sang it to 15,000 cheering Memphians. Mayor Frank Tobey took the hint, promptly presented an ordinance to the city commission. Next week, after the third official reading, Beale Avenue will once more become Beale Street...

Author: /time Magazine | Title: Music: Just Like Old Times | 6/13/1955 | See Source »

...poetry's origin, Gloria's publisher said: "She filled her diary with poetry-her own poignant expression of a mood, the lonely torture of young love, the ecstasy of fulfillment-all intensely personal." No advance peeks at the verses were permitted, but Gloria herself offered a hint of their content: "All of my poems spill from life, from feelings . . . tender and thunderous, serene and raging and unique and true . . . Nothing is anything unless it is done from feeling, which is the same thing as nothing is anything unless it is done from and with love...

Author: /time Magazine | Title: People, Jun. 6, 1955 | 6/6/1955 | See Source »

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