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...year, just about a teller's salary in a New York City bank. He lives in a modest three-room apartment in a residential home for American priests within walking distance of his office in Vatican City. There are, of course, other compensations. Marcinkus does not have to publish any balance sheet, and neither does he have to face the hazards of an annual stockholders' meeting. He is ultimately answerable only to Pope Paul-who, at least until recently, has been answerable only...

Author: /time Magazine | Title: Investment: Counting Peter's Pence | 1/24/1969 | See Source »

...whom most people consider the most accomplished novelist in English, Vladimir Nabokov, will publish his first new book since Pale Fire. Called Ada, it is Delphically described by the author as "an attempt to grapple with the problem of time." Saul Bellow, the man whom most of the other people consider the most accomplished novelist in English, has a new novel too. Like his bestselling Herzog, it will deal with urban intellectuals, more than ever a promising subject since Norman Podhoretz's Making It made...

Author: /time Magazine | Title: Books: The Year of the Novel | 1/3/1969 | See Source »

Finally, this year Margerie Lowry and Douglas Day collaborated to edit and publish Dark As the Grave Wherein My Friend is Laid, Lowry's most baldly autobiographical novel...

Author: By William C. Bryson, | Title: Malcolm Lowry, 11 Years Dead, Is Pawing Through the Ashes of His One Great Work | 12/17/1968 | See Source »

...wonderful it is [Fortas writes in his book] that freedom's instruments--the rights to speak, to publish, to protest, to assemble peaceably, and to participate in the electoral process--have so demonstrated their power and vitality! These are our alternatives to violence; and so long as they are used forcefully but prudently, we shall continue as a vital, free society...

Author: By Nicholas Gagarin, | Title: Zinn V. Fortas | 12/14/1968 | See Source »

...system by which repair shops calculate labor costs. Under the prevailing piecework system, mechanics are paid a set rate for each job rather than an hourly wage. To figure the labor charge, garages rely on "flat-rate" manuals that specify how much time each job should take. Although automakers publish their own flat-rate manuals, many garages prefer to use independent books that list longer work times-and thus higher charges-for each job. Whatever the manual, the cost of labor ordinarily is figured at $7.50 an hour, which is generally split fifty-fifty between the mechanic and the garage...

Author: /time Magazine | Title: Business: AUTOS: THE MESS IN THE GARAGE | 12/13/1968 | See Source »

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