Word: knowns
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Dates: during 1960-1969
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...unions, in government, indeed everywhere, decided that the relative calm in the ghetto meant that they could relax rather than press ahead with fresh help, welcoming the blacks into all parts of American society, then the result could be racial chaos far worse than any the U.S. has yet known...
...share some of its tax intake with the states. So it was money that provided the major topic as the Governors convened for their 61st annual conference at the Broadmoor hotel in Colorado Springs, Colo. In particular, they discussed the money to be had in the nebulous kitty known as the "peace dividend," meaning savings from an end to the Viet Nam war that might be diverted to domestic ends...
That was bleak news, and New York Governor Nelson Rockefeller, once again the dominant spokesman for the nation's Governors, refused to accept it. He changed the subject from the peace dividend to what is known as the "growth dividend," resulting from the normal expansion of the U.S. economy. Rockefeller reported that a study commissioned by the Governors Conference Committee on Human Resources, which he headed, had produced some interesting figures. Never mind whether any money comes from the slowdown in Viet Nam; the study projected that federal revenues would increase by $15 billion in 1970, $16 billion...
Slightly Surrealistic. Well, it helps to have been a Wall Street lawyer-in more ways than one. Consider the ledgerdemain of the San Clemente spread. The price for the estate of 21 acres, including the large, Spanish-style villa now known familiarly as White House West, was $1.4 million. The terms were $400,000 down and $100,000 per year, plus 7½% interest per year on the initial outstanding debt of $1,000,000. The sale called for the principal to be paid off within five years. Normally, such an undertaking would require prodigious amounts of cash: annual payments...
Died. Guy Rowe, 75, U.S. artist whose intensely realistic portraits (with the signature "Giro") graced more than 40 TIME covers; of cancer; in Huntington, N.Y. Rowe discovered his talent via a vaudeville act in which he drew chalk portraits of well-known people; he saved enough money for art school, became a New York commerical artist, and in 1943 won his first TIME commission. The association was interrupted from 1945 to 1949 while he worked on 32 highly acclaimed illustrations to Biblical characters for the book In Our Image: Character Studies from the Old Testament. Then he went back...