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...prospect for Treasury Secretary . . . Age 52 . . . Member of Democrats' "shadow cabinet" during Nixon-Ford era . . . Senior fellow of Brookings Institution, Washington's liberal think tank, since 1969; also economics professor at University of Maryland, where he earned his Ph.D. . . . As Lyndon Johnson's budget director during years of Great Society and Viet Nam buildup, was one of earliest important advocates in Government of the new politics and economics of austerity . . . Argued that new programs should not be launched without careful forecasting of the economy's "fiscal dividend"-the difference between expected future growth in Government income...

Author: /time Magazine | Title: The Nation: JIMMY'S TALENT FILE | 12/20/1976 | See Source »

Legal gambling seems to have had little impact on the multimillion-dollar illegal numbers racket, even though New Jersey, Maryland, Massachusetts and Rhode Island have introduced their own numbers games to compete with the illegals. The most successful of these, run by Maryland, has closely patterned its game after the illicit version. Players choose a three-digit number and can bet on it daily in multiples of 500; the payoff is 500 to 1 in cash, up to $600. It is a more honest game than the numbers rackets. Winners are always paid, which is not always the case...

Author: /time Magazine | Title: Modern Living: GAMBLING GOES LEGIT | 12/6/1976 | See Source »

...million-dollar misunderstanding may not be the only jolt for lottery winners. Many are soon besieged by relatives, charities and causes that want to share the presumed riches. One Air Force sergeant who won the Maryland lottery was asked to contribute to UFO research. Dominic Barisano, 63, won the jackpot in Massachusetts, only to give away so much to his four children, 13 grandchildren and eight brothers and sisters that he had no money to pay his income taxes. Says his wife Concetta, 61: "I'm a little sorry we won. One of my grandchildren told...

Author: /time Magazine | Title: Modern Living: THOSE WINNING WOES | 12/6/1976 | See Source »

...find was not unique. The new strain of bacteria had shown up in several other laboratories in Britain, and doctors at Travis Air Force Base in California encountered penicillin-proof gonococci in a young Air Force noncom who had just returned from the Philippines. Another example was reported in Maryland. By last week Atlanta's Center for Disease Control had verified 33 cases of gonorrhea in the U.S. that did not respond to conventional penicillin therapy. Alarmed by these reports, the World Health Organization (WHO) alerted VD experts everywhere to give top priority to learning more about the menacing...

Author: /time Magazine | Title: Medicine: The Penicillin Eaters | 11/22/1976 | See Source »

Only two weeks before the made his final decision, he was still seriously considering national hoop powers like Notre Dame, Stanford, Maryland, and South Carolina, along with local schools like Boston College, Holy Cross and Harvard...

Author: By David Clarke, | Title: High School Whiz Beaulieu Turns Down the Big Time, Stays Close to Home to Play Basketball for the Crimson | 11/20/1976 | See Source »

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