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...group of Fundamentalist Christian parents, led by Vicki Frost, a mother of four, attacked the school district's choice of such books as The Diary of Anne Frank and The Wizard of Oz on the ground that the works contained references that were contrary to what the parents regarded as God's teaching. The state of Tennessee argued that parents could not pick and choose from the curriculum; if they did, their children could not remain in school. Hull disagreed, ruling that parents could withdraw their children from the reading program but allow them to receive the rest...

Author: /time Magazine | Title: Tennessee: Thou Shalt Not Teach | 11/3/1986 | See Source »

...eagle soared higher and faster than anyone had anticipated. All 800,000 American Eagles, the first U.S. gold bullion coin ever issued, were snatched up within two days last week. Twenty-five authorized dealers bought the entire supply of 558,000 oz., worth some $237 million, creating a temporary shortage of the costly coinage. "We're thrilled about it," said Hamilton Dix, a spokesman for the U.S. Mint. "We expected to sell 2.2 million oz. in the first twelve months. At this rate we'll reach that in ten days...

Author: /time Magazine | Title: Legal Eagles: A newly minted coin takes off | 11/3/1986 | See Source »

...legal tender, have face values of $50, $25, $10 and $5 and weigh, respectively, one ounce, one-half ounce, a quarter of an ounce and a tenth of an ounce. The Eagles will sell to consumers for the market price of gold, which closed last week at $425 per oz., plus an estimated 8% markup. It may take as long as two weeks for the currency to filter down to retail dealers, who will then offer them to the public. The U.S. last issued gold coins in 1933, but then they traded at their face value; bullion coins are literally...

Author: /time Magazine | Title: Legal Eagles: A newly minted coin takes off | 11/3/1986 | See Source »

...mint will offer an additional 152,000 oz. this week and 125,000 oz. every week after that. "We'll keep these coins coming as long as there's demand," says Dix. "We're working 24 hours, seven days a week." Unlike gold commemorative coins issued by the Government, which are limited editions, there is no ceiling on the number of Eagles that can be produced...

Author: /time Magazine | Title: Legal Eagles: A newly minted coin takes off | 11/3/1986 | See Source »

Another student appealed to Brown University with a "Wizard of Oz" parody, ending Dorothy's search with the discovery, "There's no place like Brown.... There's no place like Brown...

Author: By Sara O. Vargas, | Title: Yale Juniors Publish College Essay Anthology | 11/1/1986 | See Source »

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