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Last week Humphrey, who had wanted to put more of the U.S. debt into long-term bonds, was forced to swallow a short-term financing nostrum which had lain unused on the shelf since 1934. He will offer $5.5 to $6 billion worth of income-tax anticipation certificates, paying 2½% and maturing in eight months. As an added inducement, the certificates will pay interest to March 22, 1954, even if used March 15 to pay taxes. Humphrey hopes to sell at least $1 billion of the certificates to non-bank buyers, but expects banks to take the rest...

Author: /time Magazine | Title: GOVERNMENT: Short-Term Money | 7/13/1953 | See Source »

...wife and I have been truly, deeply in love, and knowing her as well as I do, I feel that any real happiness for her would have lain in my happiness or companionship, etc. We were married Nov. 10, 1951, after a courtship of several years, and our child was born Dec. 9, 1952. That leaves either both wife and child behind (living), or both dying with me. I have chosen the latter...

Author: /time Magazine | Title: ILLINOIS: The Letter | 4/6/1953 | See Source »

...Viet Minh's General Vo Nguyen Giap had three Red divisions which had lain low for eight months. Last fortnight Giap attacked on a 40-mile front, quickly toppled a handful of mud-and-bamboo French outposts. His main target was the French stronghold of Nghialo (which the Communists had tried vainly, a year ago, to wrest from the late great General De Lattre de Tassigny...

Author: /time Magazine | Title: BATTLE OF INDO-CHINA: Permanent Nightmare | 11/3/1952 | See Source »

...President's athletic pretensions have not always lain along such hap-hazard lines. In the summer of 1937 he went with a group to climb in the Sierra Nevadas--"real rope stuff" Conant refers to it. The next two summers he climbed in the Canadian Rockies and then was elected to the American Alphine Club. A wrenched back ship plan, the CRIMSON decided that it would be appropriate to cease talking about the Age of Lowell and begin to realize the Age of Conant had arrived. Even abolition of the beer plan in Since 1760 men living in the Yard...

Author: By Michael J. Halberstam, | Title: James Bryant Conant: The Chemist as President, The President as Defender of the Free University | 9/15/1952 | See Source »

...battlefield scenes, completed in 1919 by a task force of more than 120 French artists and last exhibited at the Chicago World's Fair in 1933. Purchaser: Baltimore Restaurateur William H. Haussner, who bought the painting for $3,400 from the storage warehouse where it had lain unclaimed for the past seven years...

Author: /time Magazine | Title: Art: Sold | 8/11/1952 | See Source »

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