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Belated Astonishment. The Administration has long been citing the danger of a renewal of last year's price spiral as an argument for its tax bill, and now is using the figures to lend an unusual urgency to the pitch. In a generally rosy report on the economy last week, Presidential Adviser Gardner Ackley was moved to emphasize "unwelcome but convincing indications of inflationary pressures ahead...

Author: /time Magazine | Title: Prices: Upward March | 9/15/1967 | See Source »

...downy-cheeked youngster who wants to be a lawyer; the noble captain (Wilde) who tells the lad that he "will be a better lawyer for all this"; the hillbilly hankering after "jes' one more woman afore Ah git it." Grisly glimpses of shot-off limbs and other carnage lend the film a certain sense of reality, but in the end blood and treacle flow at equal rate...

Author: /time Magazine | Title: Cinema: War Is Soap | 8/18/1967 | See Source »

...food that Americans eat. In trying to develop a mechanical strawberry harvester, Oregon State University scientists are experimenting with 6,000 varieties of berry to find one suitable for machine picking. The impact of mechanization is such, predicts International Harvester Economist Dr. L. S. Fife, that crops failing to lend themselves to mechanization "will cease to exist as common commodities. They will become delicacies obtainable only at high cost through scarce hand labor...

Author: /time Magazine | Title: Agriculture: Toward the Square Tomato | 8/18/1967 | See Source »

...much less than the stock itself. His "ideal" investment is the convertible debenture, a bond that the owner can convert into stock and which, at its best, combines high yield with growth. Investors who are willing to borrow heavily can get considerable leverage with debentures, because bankers commonly lend from 75% to 90% of the purchase price...

Author: /time Magazine | Title: Books: Coroner's Advice | 8/18/1967 | See Source »

...exhibition, it is meant to suggest "the great reservoir of Italian and Italian-oriented art that exists today in our country. It is a national exhibition, with paintings in it from all over the U.S." Some 50 museums and private collectors were approached, and 47 agreed to lend to the show (most also offered to pay insurance costs...

Author: /time Magazine | Title: Painting: Tapping the Mother Lode | 8/11/1967 | See Source »

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