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...investing in securities. Instead, some are caught up in an inflation-generated psychology of spending what they have on goods that seem better than money-and are putting their cash into gem stones, jewelry and gold. The affluent are also spending much for costly furs, with the result that mink coat prices are up 20% this year. Meanwhile, the increasingly wealthy Europeans and Japanese are spending their newly enriched currencies on more and more luxury goods, adding further pressures to demand-and to prices...

Author: /time Magazine | Title: MERCHANDISING: The Rising Cost of Luxury | 7/2/1973 | See Source »

...given the angelic name of Gabriel and soon put to work with Philomela (namesake of the poor lady who had her tongue cut out and was turned into a nightingale). Clad in dark cat suits, they pull off various nocturnal capers. One night it is letting all the mink escape from a mink farm. Chuff notices how like the cages are to jail cells. Philomela comments: "Then it's Death Row." The next trip, they immolate a slaughterhouse. Destruction of a government installation that uses animals to test germs and nerve gases follows. They even blow up Smithfield Market...

Author: /time Magazine | Title: Books: Speaking of Angels | 4/30/1973 | See Source »

...agency. "Then it dawned on me that I could handle people better than the schmucks in the agency making $100,000." In 1963 she formed a partnership with Agent Tom Korman, "and I've never ridden in a public conveyance since." Swathed in a pay-as-you-go mink, she set out to steal stars from the big agencies. "We preyed on people who were out of work," she laughs. "In those days I was so driven I would have booked Martin Bormann...

Author: /time Magazine | Title: Show Business: Sweet and Sour Sue | 3/26/1973 | See Source »

...members of the Executive Branch. But the largest number were from the Congress. House Speaker Carl Albert and Senate Minority Leader Hugh Scott assessed the role and powers of Congress. In addition, six other members participated-Senators Hubert H. Humphrey, Adlai Stevenson III and Ernest Hollings, and Representatives Patsy Mink, Gerald Ford and John Anderson...

Author: /time Magazine | Title: THE CONGRESS: Toward Restoring the Balance | 2/12/1973 | See Source »

...older, I'm sure there is a very comfortable feeling in having a few jewels, even in a vault. I suppose it is very much like the girl who chooses to wear her cloth coat when she knows very well where she can put her hands on a mink if she gets a little chilly: right in her closet...

Author: /time Magazine | Title: Letters, Jan. 22, 1973 | 1/22/1973 | See Source »

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