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...gentlemen and ladies, come in with each of them two wax candles, and in procession we follow to the gallery at the head of the great staircase, and file off of different rooms. This is high life: but I would not have parted with my humble cottage at Milton for the sake...

Author: By Seth M. Kupferberg, | Title: Eloquence for a Losing Side | 5/28/1974 | See Source »

With financial support from private foundations, the Episcopal Church and United Church of Christ, Businessman Ronald Grzywinski, 38, bought control of the bank last August and promised to use its assets to salvage declining neighborhoods. Grzywinski and Bank President Milton Davis, 40, have lengthened the bank's hours, added more employees to prevent long lines at tellers' windows, and raised interest rates on savings accounts. This quarter, the bank will show its first gain in six years, and has an nounced plans for a development corpo ration to help save the decaying South Shore...

Author: /time Magazine | Title: REAL ESTATE: Greenlining of America | 5/27/1974 | See Source »

...conservative Senator, Republican Milton R. Young of North Dakota, pointed out that Nixon need not resign to leave voluntarily. Young, who is running for re-election this November, said: "He's getting in deeper trouble all the time. It's a question of whether he can continue as President. It would be a whole lot easier for members of Congress and myself if he used the 25th Amendment and stepped aside until this thing is cleared up." This amendment permits the President to let the Vice President take over temporarily if the President is "unable to discharge the powers...

Author: /time Magazine | Title: WATERGATE: Richard Nixon's Collapsing Presidency | 5/20/1974 | See Source »

Seeing little chance of caging runaway prices, a growing number of experts have recently been urging that nations find some way to live with them. A band of conservative economists led by the provocative Milton Friedman of the University of Chicago are vigorously touting "indexing," a system that in theory preserves the buying power of money by tying all paper values to a price indicator. For example, if prices rise 7%, so does everything else: wages, prices specified in long-term business contracts, interest rates on bonds, savings and mortgages. Even taxes are included: a person whose salary rises...

Author: /time Magazine | Title: IDEAS: Indexing v. Inflation | 5/13/1974 | See Source »

Fogg Museum. Now through April 30, Prints by Milton Avery. The uninitiated claim: "My 4-year-old can do better than that!" I'd like to see one try. An extraordinary exhibit closing on Tuesday. Hurry...

Author: By Kathy Garrett, | Title: GALLERIES | 4/25/1974 | See Source »

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