Word: millions
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Dates: during 1950-1959
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...Habit Is Everything. As general manager of the RCA Victor Record Division of the Radio Corporation of America, George Marek, 57, ranks as the world's biggest musical merchandiser. In the fiercely competitive, $400 million (retail) record market, Victor claims 25% of total sales. On the Christmas-trade counters last week Victor was pushing both a new Beecham version of Handel's Messiah and the Ames Brothers, a recording of Archibald MacLeish's J.B. and Elvis Presley's newest but possibly fading wails (see SHOW BUSINESS). Marek himself is a dedicated opera lover (among his books...
...swearing allegiance to the U.S., should a college student who gets a federal loan also have to file an affidavit that he is not subversive? Yes, according to the National Defense Education Act. No, according to 16 colleges and universities that now refuse to take part in the $30 million Federal Student Loan Program, and to many others who participate unhappily. When Harvard and Yale recently quit in protest (TIME, Nov. 30), they declared that the "disclaimer affidavit" is i) superfluous and 2) discriminating against students. Yale's President A. Whitney Griswold called the affidavit reminiscent of "the oppressive...
...take the "lock step" out of U.S. schools and get every child moving at his own pace, the mighty Fund for the Advancement of Education has spent $12.3 million in the past two years. Last week Fund President Clarence H. Faust suggested that the job has just begun. In a report on the fund's efforts since 1957 (notably in teacher training, educational TV), Faust pinpointed "an emerging central concern" of U.S. teachers and parents: the spreading notion that the sole goal of U.S. education is developing national manpower in competition with the Russians...
...official in the early 19205. They left Russia for Japan in 1926, taking with them 200 "masterpieces" collected by their mother. Settling finally in Manhattan, they became naturalized citizens in 1945. By then their collection totaled some 280 canvases, which they valued at about $25 million, included paintings with such signatures as Gauguin, Van Gogh, Soutine, Cezanne and Monet. But money was running out. Nine months ago they rented a Madison Avenue showroom, named it the Re-Mi Gallery, and put their canvases on sale. It was a bad mistake. Last week Boris and Mark Lass were indicted for attempted...
...international art cartel was out to get them. But the brothers' own art tastes seemed confused. "Picasso," said Mark Lass, "is a mere cartoonist." But when he was asked how much he would take for one of his "Picassos," he answered: "I would not sell under half a million dollars. I would destroy instead...