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Prices traditionally are set by the biggest, most efficient and most profitable company-General Motors-and Ford and Chrysler ride along. Last week, however, Chrysler President Lynn Townsend jumped the gun, announced price rises to cover the safety equipment. When G.M.'s Chairman Fred Donner 48 hours later announced that G.M.'s prices would be just about the same as last year, Chrysler was left about $50 out of line. Townsend acted either from cockiness or sheer need. Though Chrysler's sales have more than doubled since 1961, its rapid expansion of plants has left the company...

Author: /time Magazine | Title: Autos: Length, Luxury, Power | 10/1/1965 | See Source »

...mothers turning on this summertime Santa? Complains one Lynn, Mass., housewife: "I wouldn't mind those trucks if they didn't always come at the wrong time. I just get my two-year-old to sleep in the afternoon when those damn chimes begin to sound." Adds another: "Once the ice cream man has been around, I can't get my children to eat anything. Two fudgesicles and dinner is out the window." Some people do not mind when the ice cream man cometh so much as how. The four-bar Good Humor tune that daily wafts...

Author: /time Magazine | Title: Food & Drink: Sticky Business | 8/13/1965 | See Source »

...along with bonuses and stock holdings. G.M. Chairman Fred Donner leads the list, with a pre-tax figure of more than $800,000 from salary and stock and cash bonuses. In fact, the ten highest-paid executives in the U.S. are all in the auto industry, including Chrysler President Lynn Townsend (salary plus cash bonus: $555,900) and Ford President Arjay Miller ($515,912). Salaries depend, of course, on a company's size and profitability and an executive's responsibilities. Pure pay runs much higher in the U.S. than for comparable posts elsewhere, but executives abroad enjoy perquisites...

Author: /time Magazine | Title: Management: Who Gets What | 8/13/1965 | See Source »

Dollie Fair and John Lynn both wound up on trial for killing Rudesel. And in his charge to the jury, the judge cast the case in terms of one question: To what extent were the accused entitled to defend themselves against Rudesel? So charged, the jury found Dollie guilty of manslaughter and Lynn of second-degree murder...

Author: /time Magazine | Title: The Law: Encouraging Good Samaritans | 7/23/1965 | See Source »

What the trial judge overlooked, said the New Jersey Supreme Court in the course of reversing both convictions, was the more important issue of Lynn's right to intervene in defense of Dollie. Striking a blow for good Samaritans, the court held that "one who intervenes in a struggle under a reasonable but mistaken belief that he is protecting another who he assumes is being unlawfully assaulted is thereby exonerated from criminal liability...

Author: /time Magazine | Title: The Law: Encouraging Good Samaritans | 7/23/1965 | See Source »

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