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...gossips had been busy since January. At first the rumor was that William McChesney Martin, 60, wanted to retire when his current four-year term as Chairman of the Federal Reserve Board expires March 31. Shortly after that was denied, word got around that President Johnson did not intend to reappoint Martin. Last week a Pebble Beach, Calif., bankers' conference hummed with talk that the President had finally made up his mind. He had written Martin, so the story went, asking him to serve a fifth term as chairman...

Author: /time Magazine | Title: Banking: Billion-Dollar Decision | 3/24/1967 | See Source »

Johnson shrewdly defused disputation in advance by taking a flexible position on the touchy questions of undergraduate deferment and whether to replace or reorganize the system of local draft boards. Nor does he intend to rush out executive orders-as he has the power to do-to implement the lottery scheme and some other proposals. Congress has until June 30 to renew and amend the draft law, and in so doing it may apply legislative controls to some areas in which the President now has sole jurisdiction. But Johnson's go-slow approach gives Congress time to make...

Author: /time Magazine | Title: The Draft: Disputation Defused | 3/17/1967 | See Source »

...Taming of the Shrew. "We intend to make Shakespeare as successful a screenwriter as Abby Mann." Thus spake Director Franco Zeffirelli last year when he began filming The Taming of the Shrew. The screen credits maintain the mock-the-bard tone: script billing goes to Zeffirelli, Paul Dehn and Suso Checchi D'Amico, with a coy acknowledgment "to William Shakespeare, without whom we would have been at a loss for words." The irreverence in this case is less a shame than a sham. Despite the disclaimer, Zeffirelli has succeeded in mounting the liveliest screen incarnation of Shakespeare since Olivier...

Author: /time Magazine | Title: Cinema: King Leer, Wild Kate | 3/17/1967 | See Source »

Barbara T. Flynn '68, organizer of the protest, and Laurence E. Fogarty '69, SDS co-chairman, also intend to seek interviews with the Dow representatives. Other SDS members may do the same thing, Miss Flynn said...

Author: NO WRITER ATTRIBUTED | Title: SDS Plans to Hold Silent Protest During Dow Chemical Recruiting | 3/8/1967 | See Source »

...keep Rambler's price low, A.M.C. will forgo annual styling changeovers, thus saving retooling costs. But Chapin does not intend to economize all the way. Two sporty specialty cars are in the works, and this week three jazzed-up Rebel station wagons will be introduced. Main features: "simulated natural tan leather" side trim for Midwest and Southwest markets, "black camera grain" in the East, and "bleached teakwood" on the West Coast and in Florida...

Author: /time Magazine | Title: Autos: Changing the Tag | 3/3/1967 | See Source »

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