Word: money
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Dates: during 1960-1969
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...keep the magazine alive at all costs? Well, no sooner had Warren left than the gang got together and decided that what they had to do was file bankruptcy papers. And they did! That was last February. Then the Boys went out to collect as much money as they could find. Which they did! More than $100,000 from ten new investors-enough to keep the IRS off their backs...
Last week came the best news of all: the gang got out of bankruptcy. A majority of the creditors said it was O.K. if the gang just paid them an average of 4% of the money owed to them over the next three years. The judge said, well, you guys seem to be doing pretty well as far as I'm concerned. So you're back on your own. As we leave the Ramparts Boys, we find them back in the clubhouse happily pecking at their typewriters. Editor Scheer exults: "We did the impossible." But tune...
...ambitious plan to enlarge community colleges and guarantee a crack at higher education for all comers by 1975. To that end, C.C.N.Y. has already admitted 732 less qualified students, who get special tutoring and then enter the regular undergraduate program if and when they qualify. Unfortunately, lack of money threatens both the long-range plan and the tutoring program. Assorted protests and racial fights have reached such a pitch at C.C.N.Y. that President Buell Gallagher recently resigned (TIME, May 16). For the moment, Gallagher has been succeeded by Joseph J. Copeland, a 61-year-old professor of biology...
...least three slightly varying versions, and some of its archaic features have already been dropped. One provided: "No one shall be arrested or imprisoned on the appeal of a woman for the death of any person except her husband." Another proclaimed: "If anyone who has borrowed a sum of money from Jews dies before the debt has been repaid, his heir shall pay no interest on the debt for so long as he remains under age." The legislation introduced in Parliament will repeal ten other clauses that have either gone unenforced in recent years or have been superseded...
...hear cases. This particular 2½-day tour involved flying 1,800 miles to hear four minor cases. The administration of justice in the Northwest costs about $600,000 a year, not a little of which goes for chartered planes. The Canadian government is willing to spend the money in an effort to treat the Eskimo the same as any other citizen under...