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The national spread of shareholding is such that the system itself has been dubbed "people's capitalism." It is fitting indeed that that title was invented by the Wall Street-based brokerage house that is most responsible for selling common stocks to the common man. Its corporate title is already...

Author: /time Magazine | Title: U.S. Business: Wall Street: A Long Look Upward | 8/19/1966 | See Source »

What Welch's protagonist comes to, first of all, is the noisy antiseptic indignity of life in a hospital ward. Patients are frenzied or conniving; doctors hearty and indifferent. Drifting in and out of fantasies, he plods a painful path from demi-death to limited life. Welch's...

Author: /time Magazine | Title: Books: Minor Masterpiece | 7/29/1966 | See Source »

A platitudinous monologue written by Allan Lomax marred Saturday night's concert. The script eulogized America's "wide prairies" and "tumble-down churches" and was intended to unify the program. Unfortunately, it only succeeded in flattening an evening that included such highly original talents as Joseph Spence, Ed Young and...

Author: NO WRITER ATTRIBUTED | Title: Folk Festival Fails to Excite | 7/29/1966 | See Source »

Homer became one of the U.S.'s favorite artists; he still is. Last week exhibitions of his work opened at Bowdoin College in Brunswick, Me., and Buffalo, N.Y.'s Albright-Knox Art Gallery. Despite his popularity, the artist quit New York City in 1883 for a wave-washed...

Author: /time Magazine | Title: Painting: Chanties in Color | 7/15/1966 | See Source »

Shortage of Engines. It could not have happened at a worse time, because the company was about to borrow $75 million, through an offering of convertible debentures, to help finance the production and sale of its growing volume of planes. With the falling stock prices creating the prospect of unfavorable...

Author: /time Magazine | Title: Aircraft: Downdraft at Douglas | 7/8/1966 | See Source »

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