Word: idea
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Dates: during 1960-1969
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...legislation and custom that has grown up around the Post Office Department." If the telephone system were run as the mails are, he said, "the carrier pigeon business would still have a great future." In view of the postal service's snowballing problems (TIME, Dec. 30), the idea of a quasiindependent agency similar to the Tennessee Valley Authority offers some compelling advantages...
...year man for $25,000 or $30,000." More than anybody else on campus, the president is expected to be all things to all men-fund raiser, politician, scholar, pressagent, long-range planner, public speaker, banqueteer with a cast-iron digestion. Another problem is that few schools like the idea of a built-in successor. If an outgoing president tries to groom an up-and-coming administrator as a potential heir apparent, says Stanford Graduate Business Dean Ernest Arbuckle, "that can be the kiss of death." Many otherwise qualified professors consider an administrative job as "going over to the enemy...
...without any notion of whether he would be interested. HEW Secretary John Gardner, who has shown no inclination to leave Government service, is at the top of nearly everybody's list. As sights are lowered plenty of names surface, since almost every professor or alumnus has his own idea of who might fill the bill. Johns Hopkins scanned 150 candidates before deciding nearly two years later on the State Department's Lincoln Gordon...
Back on earth, the ingenious rope could be used underwater to aid aquanauts. Average citizens might well want a version to moor a boat or tow a car, the idea in both cases being to keep things apart as well as together. And Dr. Marton thinks his brainchild might make a big public impact from whence it sprang-as a toy. Flung out loose and then frozen, it makes a marvelously accurate lasso as well as tripper-upper and grabber-onto of things it wraps around. His two children have already demolished two of his homemade versions...
Chase Manhattan implied might be a pretty sound idea. Two days later, President Rudolph A. Peterson of California's Bank of America went even fur ther. In a talk to the New York Chamber of Commerce, he argued that "as a last resort" the U.S. should refuse to sell gold if the gold drain becomes "intolerable." He added that "there is no overwhelming reason why we should sustain the dollar value of gold. We may have to reconsider our gold-buying policy...