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...know that this is not so - and perhaps their best proof is the world's largest firm: the American Telephone & Telegraph Co. Few corporations in the world are as intimately woven into the life of a nation as A.T.& T. It not only helped the nation grow and prosper, but helped make the telephone a universal instrument that changed the world's mores, entered its drama and literature, and became indispensable to teenagers and tugboat captains alike. Most people never notice the telephone until it goes out of order-and a good many believe it was invented...

Author: /time Magazine | Title: A Letter From The Publisher, Feb. 23, 1959 | 2/23/1959 | See Source »

...Inflation. In arguments, most speechmakers fail to distinguish between runaway inflation of the sort that swept Germany after World War II, and that now has Chile and Bolivia in its grip, and the so-called "normal" inflation of 1% or 2% a year that has usually accompanied times of prosperity. Nobody wants runaway inflation. But many economists believe that the U.S. economy cannot grow and prosper without some measure of "normal" inflation...

Author: /time Magazine | Title: Business: How Much Inflation? | 2/2/1959 | See Source »

...frequent" in Louisiana rice fields. So, instead, Author Keyes has made her tale turn on a murder in a rice bin. The victim is a fictional cabaret singer named Titine Dargereux ("very good to look at, and the closer she came, the more alluring"). Cajun Titine titillates Rice Prince Prosper Villac, who "had her to himself beside a bayou" in return for a pair of gold slippers. So when Titine is found suffocated in the Villac rice mill, the gold slipper that sticks above the grain points accusingly at Prosper-and just at the moment that Prosper has got engaged...

Author: /time Magazine | Title: Books: Golden Slippers | 11/17/1958 | See Source »

Chamberlain's choice is clear: the first alternative is "wholly legitimate and undoubtedly attainable. There is no reason to believe that Columbia cannot follow this course and prosper." But the second, he states bluntly, offers Columbia "the opportunity of becoming the most distinctive and, if successful, the most distinguished undergraduate college in the United States." Screening would be harsh; only the top half of the 2,400 students now in the college would qualify for admission under the proposed system. Says Educator Chamberlain: "Preference should be given to the applicant who has completed, prior to entrance, four years...

Author: /time Magazine | Title: Education: Choice for Columbia | 11/3/1958 | See Source »

...children hide pennies from their aunt until they have saved enough to buy a pair of brushes and three cans of shoe polish. For a short while they prosper, but with the coming of the rains their customers lose interest in shoeshines. Close to starvation, the boy and his sister are accidentally separated; from there the film wanders to an ending that, for all its melodramatic sentimentality, fits perfectly into the picture's curious blend of gutter reality and fairy-tale dreaminess...

Author: /time Magazine | Title: Cl N EMA: The New Pictures | 9/15/1958 | See Source »

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