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Federal District Court Judge Homer Thornberry was one man who profoundly sympathized with Judge Clement Haynsworth after the Senate rejected the South Carolinian for the Supreme Court. In a sense, Thornberry had been there himself. Lyndon Johnson nominated him to replace Justice Abe Fortas on the theory that Fortas would be moving up to Chief Justice on Earl Warren's retirement. Thornberry is depressed by Haynsworth's rejection. "Haynsworth was unacceptable because he is a conservative Southerner," Thornberry tells friends in Texas, "not because he's unethical." Then he adds: "The fight is gone from the Senate...

Author: /time Magazine | Title: Nation: A Friend in Court | 12/5/1969 | See Source »

...crisis has been long building. In a current book, The Price of Money, Sidney Homer and Richard Johannesen date the bear market in bonds from 1946, when high-quality corporate debentures sold at interest rates of 2.45%. But the rise in rates and the concurrent drop in bond prices have speeded up enormously since the current inflation began in 1965-and especially this year. Last week, for example, the New Jersey Turnpike Authority sold $137 million worth of bonds at a tax-free interest yield of 7%, compared with a 5⅞ yield on bonds that it had sold four...

Author: /time Magazine | Title: Business: TURMOIL IN THE CAPITAL MARKETS | 12/5/1969 | See Source »

...groups or in villages. Prudence might have dictated other sites, but men returned, again and again, to the cities they remembered. Troy was destroyed and rebuilt so many times that archaeologists classify their discoveries as Troy I through IX; Troy VIIA was the "Ilios, city of magnificent houses," as Homer called it, that fell to the duplicity of Greeks. Leveled by the Romans, Carthage returned to life to become the third city of the Empire; in the Middle Ages, Frederick Barbarossa poured salt on the blackened ruins of Milan, but neither fire nor salt could stop the city...

Author: /time Magazine | Title: Essay: WHAT MAKES A CITY GREAT? | 11/14/1969 | See Source »

...play kingmaker in next year's Senate race. Democrat Ralph Yarborough, an old L.B.J. foe, is up for reelection, and two possible opponents, Republican Representative George Bush and Democratic Lieutenant Governor Ben Barnes, have both been out to the ranch. So have two old cronies, Federal Judge Homer Thornberry, whom Johnson unsuccessfully nominated for the Supreme Court last year, and Frank Erwin, a longtime intriguer in Texas Democratic politics...

Author: /time Magazine | Title: Nation: Meanwhile, Back at the LBJ. Ranch... | 9/5/1969 | See Source »

...came to the U.S. in 1962 from the Panama Canal Zone, made a name for himself on New York City sandlots. A Twins scout came out to see him play in a doubleheader one day, and Carew responded by whacking a single, five doubles and a grand-slam homer. He soon had a Twins contract in his pocket, was called up to the parent club in 1967 after only three years of minor-league ball. Hitting over .300 by midseason, he was the only rookie picked to start on the American League All-Star team. He wound up the season...

Author: /time Magazine | Title: Baseball: Fraternal Twins | 8/15/1969 | See Source »

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