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Summing up, the underlying causes of our inflation can be attributed to: swollen purchasing power flowing from full employment and higher incomes; the continual lag of purchasable goods and food behind demand; the aggravating intangible of national selfishness; the absence of anti-inflationary taxation or monetary policies; and finally, the sapping drain on the economy caused by export of goods without imports in exchange. The interplay of these factors causes the present state of prices...

Author: NO WRITER ATTRIBUTED | Title: Tilting Windmills | 10/4/1947 | See Source »

...Boston teams struggle to share what little artificial ice there is. Wrestling, attracted crowds last winter which bordered on Indoor Building basketball turnouts. Bingham attributed this to the popularity of Coach Clarence (chief) Boston, and to such crowd pleasing grapplers as heavy-weight Pete Fuller. Meanwhile, swimming and baseball lag far behind. "Baseball hasn't paid since the 20's," said Bingham. "We need to draw 12,000 to 15,000 for the Yale game and sometimes needed extra seats, but now we barely take in enough money to pay the ticket takers...

Author: By Robert W. Morgan jr., | Title: Sports of the Crimson | 10/3/1947 | See Source »

...thought, was facing a task even graver than its job in wartime. Said famed Psychoanalyst William C. Menninger, the new A.P.A. president-elect: "No longer is the world cursed with smallpox or cholera or yellow fever. . . . We have learned to eliminate space and to annihilate people, but we still lag far behind in learning how to get along with each other. . . . Is there any hope that medicine, through its Cinderella, psychiatry, can step forward to offer its therapeutic effort to a world full of unhappiness and maladjustment...

Author: /time Magazine | Title: Medicine: Nervous Nation | 6/2/1947 | See Source »

...Bumps, No Fouls. Close by, as the horses lined up for the start, sat Millionaire Cattleman Robert Kleberg, who had passed up a chance to see his great horse Assault win the $40,000 Grey Lag Handicap at New York's Jamaica track. He had posted his $15,000 on Miss Princess, the race track horse he had converted to quarter horsing. Unlike Shue Fly, who is really a glorified range horse and bred for short racing, Princess was royally sired (by Kentucky Derby winner Bold Venture). She had once flashed dizzy speed on regulation race tracks-but couldn...

Author: /time Magazine | Title: Sport: Daylighted | 5/19/1947 | See Source »

After the traditional time lag, basketball's nation-wide growth the popularity are finally being reflected at Harvard. The latest in a series of moves designed to build New England's own game into the College's third-ranking major sport came last week with Coach Bill Barclay's announcement that basketball's first spring practice would begin shortly after the season's close. These sessions will be by invitation only, to compete as little as possible with the spring talent search conducted by Harlow and the spring sports. None the less, they were hailed by Barclay as a welcome...

Author: NO WRITER ATTRIBUTED | Title: Lining Them Up | 3/19/1947 | See Source »

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