Word: page
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Dates: during 1960-1969
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...page 50 of this issue, TIME'S readers will find an advertisement showing the Stars and Stripes with the union down. But the message is not one of distress. It is, instead, an unusual plea for a generous sort of patriotism. It also offers the little-known story of how and why the Danes have been celebrating our Fourth of July for the past 57 years. The ad is the work of a smallish New York agency, Savitt Tobias Balk, Inc., whose concern in this case is to sell not a product but an idea...
...annual rate covering all meals. As a sophomore, he organized a seminar to study curriculum reform. It was so successful that he was paid $800 from the dean's special fund to spend a summer writing up the seminar's recommendations. Result: the 415-page "Magaziner Report," which Harvard Sociologist David Riesman has called "a herculean effort, an impressive document...
Died. Frank King, 86, cartoonist, creator of the classic comic strip Gasoline Alley; of a heart attack; in Winter Park, Fla. In 1918, King invented Walt Wallet and his auto-buff cronies (later including Skeezix, Phyllis Blossom and many others) as part of a page of drawings for the Chicago Tribune; within a year Gasoline Alley was popular enough to run as a separate feature, recording the trials and triumphs of the Wallet family in what was once called "a quiet, faithful, tender picture of suburban America...
Such candor is required by Federal Reserve Board Regulation "Z," which takes effect July 1. The 59-page regulation tells what stores, banks, finance companies, auto dealers and other cred itors must do to comply with the Truth in Lending Act that Congress passed last year. Among other things, the consumer must be informed in advance of the exact amount of any loan or credit, including insurance premiums, any excess of an installment price over a cash price and the exact length of time he has to pay. He must also be told the precise annual interest charge. In most...
...have bruised feelings on all sides, no dispute is quite as emotional or contentious as that between the U.S. and Japan. The Japanese used to buy far more from America than they sold, but last year they sold $1.1 billion more to the U.S. than they bought (see chart, page 72). That was possibly the biggest trade deficit that the U.S. has ever registered with any nation. Altogether, Japan's exports in 1968 rose by 25%, and its shipments to the U.S. accounted for more than two-fifths of the gain. The reason, many aggrieved U.S. businessmen contend...