Word: homesteads
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Every spring and fall, the chief executives of some 50 of America's largest corporations get together without fanfare for a quiet weekend meeting of the Business Council at the posh Homestead resort in Hot Springs, Va. The agenda includes tennis, golf, business discussions and briefings from top Government officials behind closed doors. TIME National Economic Correspondent David Beckwith attended last weekend's session and filed this report...
...company that six years ago was located in a bedroom and garage of his parents' house, but this year it is expected to have sales of $600 million. Like so many new entrepreneurs, Jobs is a child of California's Silicon Valley. As a student at Homestead High School in Los Altos during the early 1970s, he was fascinated by technology...
...years ago next week, a ragtag group of tradesmen and industrial workers met in Pittsburgh under the leadership of Samuel Gompers, a cigarmaker from London, to form the Federation of Organized Trades and Labor Unions. Ahead lay many battles against obstinate employers as unions fought for recognition: the Homestead and Pullman strikes in the 1890s, the bloody 1937 Battle of the Overpass in Dearborn, Mich., when Walter and Victor Reuther were attempting to organize auto workers. But now, as the U.S. labor movement enters its second century, it faces equally serious problems: eroding membership and fading public support...
...Americans always claim their dispensation. A dream house has been a vision at the core of American hopes, a tender blend of expectation and nostalgia. It derives its imagery from the historical spaciousness of the land (God's country, after all, his bounteous land grant, the interminable individualist homestead unfolding toward the horizon) and the simultaneous need for shelter that its harshness imposed. A people so socially and geographically mobile used housing as an instrument to trumpet their wherewithal, their substance, their civic presence. They have sometimes nearly impoverished themselves to anchor their identities in their homes...
...Tlingit Indian shaman, appears and assists them through a surpassingly beautiful valley to rescue. The pilots promise to return, but before they can, Healey leaves Slade holding a smoking pistol and a murder rap in the wake of a saloon brawl. End of partnership. Slade settles down to homestead the secret valley. Thirty years later Healey ruthlessly claims a lake of high-grade petroleum that lies beneath the glacial moraine...