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Moratorium. Bankers still have money to lend, but builders are reading the signs and cutting back construction of apartment houses in favor of single-family homes, townhouses and condominiums, all of which are still filling up rapidly. As a result, builders expect to get down to a rate of starts-still among the fastest in history-that can be sustained for years to come. Marriages are expected to average 2,200,000 a year through the 1970s, v. 1,800,000 annually in the 1960s, and each wedding creates a new family that is a prospective buyer or renter...

Author: /time Magazine | Title: HOUSING: At Last, a Slowdown | 1/15/1973 | See Source »

Elaine May shares with John Cassavetes a consuming affection for people, foibles and all. She is superb at discovering little incidents or bits of business that take the taint of caricature off a scene and lend it immediacy: a plump lady, a member of the first wedding party, turning her right hip ever so slightly to edge down the aisle; or Lenny, at the second wedding, grinning briefly in involuntary triumph at the minister. May does tend to stress Lenny's obtuseness, his blind selfishness, rather too much. But The Heartbreak Kid survives its faults; indeed it seems almost...

Author: /time Magazine | Title: Cinema: Impossible Dream | 1/1/1973 | See Source »

Patience does not lend itself easily to greatness. The social satire of Gilbert and Sullivan fades with every passing year, like a tintype of some long forgotten grandparent. The comedy of manners that is Patience with its mild jabs at the military and the intellectual alike seems pale and watered-down today. The genius of G&S, when it appears in the show is only a shadow of the inspiration of Mikado or lolanthe Gaylin and Huessy have exploited every possible moment of great theater in the show and forced Patience to be memorable...

Author: By Michael Ryan, | Title: Patience | 12/9/1972 | See Source »

...Soviet Union and the U.S. have received another boost: a group of U.S. regional banks and Manhattan's French American Banking Corp. have formed a consortium that will make it easier for relatively small American corporations to sell their goods in Russia. The banks have agreed to lend Soviet import agencies $100 million, provided that the money is used to buy products from the banks' clients. The bankers hope that the availability of credit will entice their clients to search for sales opportunities in the U.S.S.R. The regional banks in the deal are Cleveland's Union Commerce...

Author: /time Magazine | Title: EAST-WEST TRADE: Bundles for Russia | 12/4/1972 | See Source »

...dead and that my life was ended. All my past life flashed before my eyes, it really did. I saw my mother's face, all the homes I've lived in, the military academy I attended, the faces of friends, everything." Hall's words lend credence to the folklore about the thoughts of drowning men going down for the third time. They also point up a growing interest among psychiatrists in the sensation of almost-but not quite-experiencing sudden death...

Author: /time Magazine | Title: Behavior: The Pleasures of Dying | 12/4/1972 | See Source »

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