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...bearish on the dollar than the Europeans." Moreover, the selling had spread from U.S.-based multinationals to ordinary companies in the American heartland. In most cases, however, the selling was self-protective rather than speculative in the true sense; if a manufacturer in Illinois bought steel from a German mill, it had a strong motive to sell dollars and buy marks immediately to settle the bill, rather than wait until the steel was delivered when buying the same number of marks might require more dollars...

Author: /time Magazine | Title: To Rescue the Dollar | 11/13/1978 | See Source »

...Chicago and New York. Most Clevelanders thought they had escaped becoming a national joke last year when they voted out Mayor Ralph Perk. He once set his hair ablaze with a welding torch while showing his affinity for the workingman during a campaign appearance at a local steel mill...

Author: /time Magazine | Title: Nation: Cleveland: Facing Collapse? | 11/13/1978 | See Source »

...ARCO Forum in their mandatory tuxedos, capes and gowns. Not only did one need status to be invited, but there was a two-class system among the guests themselves. Some of the guests had special VIP passes to a less-crowded penthouse bar above the run-of-the-mill attending the gala. The penthouse doors were guarded by the pre-elite students from the Institute of Politics...

Author: By Michael A. Calabrese, | Title: A Living Memorial to JFK? | 10/26/1978 | See Source »

...luck. Action Line has just returned from the first national Action Line Conference, sponsored by the Corning Glass Works in Corning, N.Y., a graceful old mill town tucked, as one company official puts it, "in the valley of sand and imagination." Action Line met more than 100 fellow problem-solving columnists-who are also known as Mr. Fix-It, Mr. Action, Call for Action, Action for You, Help Desk, Hotline, Tell It to George and other reassuring names-as well as assorted government and industry consumer-movement watchers...

Author: /time Magazine | Title: In New York: Miss Lonelyhearts Many Times Over | 10/16/1978 | See Source »

...women's softball team find money to pay for $350 worth of warmup jackets after the sponsor backed out, Sockol ended up mediating a personality conflict between the coach and the sponsor, who agreed to return. Sockol also helped heal a festering labor dispute at a local mill when he got union leaders to talk to management officials about who would pay the life-insurance benefit of a worker who died during the strike (they split it fifty-fifty, then settled their other differences as well). Herb Brown, the Atlantic City Press's Mr. Action, called...

Author: /time Magazine | Title: In New York: Miss Lonelyhearts Many Times Over | 10/16/1978 | See Source »

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