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...only $1,305 of that in cash. The McNamaras own three homes (a furnished house in Washington, an unfurnished house and a furnished cabin in Michigan), but their value is offset by "a large bank loan of approximately equal size." In 18 years, when McNamara is 65, the Ford Motor Co. will pay him a pension of about $16,000 a year; the company also owes him about $50,000 in deferred compensation from his days as an executive. The McNamaras have divested themselves of all holdings in companies that do more than $10,000 a year in business with...

Author: /time Magazine | Title: Mcnamara'S Portfolio: McNAMARA'S PORTFOLIO | 4/5/1963 | See Source »

...studied natural enzyme that breaks down the ribonucleic acid found in all cells. With delicate skill, he split the ribonuclease into two parts, one containing 20 amino acids, the other containing 104. In this disjointed condition the enzyme has no effectiveness. It is like a machine tool with the motor separated from the cutting edge...

Author: /time Magazine | Title: Biochemistry: The Machine Tools of Life | 4/5/1963 | See Source »

Cambridge police officers are checking all out-of-State automobiles in the Harvard Square area in an intensive effort to discover both scufflaws and unregistered motor vehicles...

Author: NO WRITER ATTRIBUTED | Title: Police to Check For Unregistered Autos | 3/23/1963 | See Source »

...warm thanks for work during West Virginia's 1960 presidential primary-seemed assured. Only Winston Prouty had doubts. He thought it might yet be interesting to hear from an ex-partner in Roosevelt's Washington foreign-car dealership who sued F.D.R. Jr. and the Fiat Motor Co. for $9,000,000 a few years ago. The rest of the committee, both Republicans and Democrats, seemed mighty pleased when Junior vowed: "I will try to be purer than Caesar's wife." There were Rotarian guffaws when Senator Magnuson quipped: "Well, that's asking a little too much...

Author: /time Magazine | Title: The Administration: Advise & Consent | 3/22/1963 | See Source »

Coffman plans to develop the land with an apartment house, a Howard Johnson motor lodge and restaurant, an office building, and a mammoth underground garage. The plane would involve an exemption from zoning regulations. Coffman is confident he can get a change approved. However, the Cambridge Planning Board has refused to make any changes until "an owner" is chosen...

Author: By Peter R. Kann, | Title: Coffman Says He Will Get MTA Yards | 3/16/1963 | See Source »

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