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...loans from 71% to an unprecedented 81% - a move that was widely interpreted as a portent of a serious credit crisis. The next day, the Government's top economic policymakers managed to sound downright alarmist as they made a rare joint appearance at a Washington press conference to plead for an extension of the 10% surtax on personal and corporate incomes. That tax, which is due to expire June 30, is designed to fight inflation by reducing demand and increasing the Government's budget surplus...

Author: /time Magazine | Title: Business: THE CRITICAL FIGHT AGAINST INFLATION | 6/20/1969 | See Source »

...plead with my heroes to be careful in stating their case. You can't go home again. And there is a need for a place where research and reading and teaching can be done quietly. Culture and Anarchy...

Author: By Peter D. Kramer, | Title: I Am Frightened (Yellow) | 6/12/1969 | See Source »

...romantic goals rather than political goals is making an unfair appeal. He is asking amnesty on grounds distantly analogous to civil disobedience when he is in fact advocating a general change in life style. The Faculty may feel guilty about its political role, but it is unfair to plead to that conscience when you want it to feel guilty about its life style in general...

Author: By Peter D. Kramer, | Title: I Am Frightened (Yellow) | 6/12/1969 | See Source »

...hurts me--and I am sure I cannot explain the reasons to you if you do not feel the same hurt--to think that anyone would plead to this sensitive and conscience-ridden institution for amnesty if he meant to prick only its social conscience. To tell a professor that you occupied University Hall to free his life style is insulting and saddening. And, if you can't cope with the whole atmosphere of the place ("because they are trying to squeeze the life out of you")... you could leave...

Author: By Peter D. Kramer, | Title: I Am Frightened (Yellow) | 6/12/1969 | See Source »

...Acheson committee is designed to counterbalance the alliance of professors that, under the auspices of Nixon's foremost Democratic rival, Senator Edward Kennedy, recently issued a 340-page report critical of the ABM. In a letter introducing the committee, Acheson denied that its intent was to plead for high defense budgets, explaining that it sought merely to foster "balanced debate" on such issues as ABM. However, he left no doubt as to where the committee would stand on the ABM. Charging that the opposition proposed a "one-sided United States moratorium" on defense-missile systems, he ridiculed this...

Author: /time Magazine | Title: Defense: Anti-Anti-ABM | 6/6/1969 | See Source »

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