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...granting a rate increase to American Telephone & Telegraph Co. last week, the Federal Communications Commission took an action that will help to buttress the U.S. stock market, prop up capital spending and hold down interest charges. When AT&T rates and profits rise, many things happen in the broader realm of business. First, AT&T stock gets a lift; because it is the most widely held issue of all-3,750,000 investors directly own 549 million shares-a rise in "telephone" tends to give a psychological impetus to the whole market. Second, the company can more easily draw upon...

Author: /time Magazine | Title: CORPORATIONS: A Present for Ma Bell | 12/4/1972 | See Source »

...does not convey the full might of its subject. What Mendelssohn did know about was order, proportion, logic and joy. He was a better orchestrator than either Schumann or Brahms. In some of his juvenile operas, he experimented with leitmotifs-long before Wagner. His greatest innovations came in the realm of orchestral color-ruddy brass canvases, fragile wood-wind-and-string pastels that give the Midsummer Night's Dream Overture, for example, such perpetual freshness and surprise. Today, when such qualities are so rare in our new music, it is foolish to scoff at Mendelssohn. In short...

Author: /time Magazine | Title: Music: Felix Forever | 12/4/1972 | See Source »

...clean different things." But when the Queen and Prince Philip celebrate their silver wedding anniversary this week, Charles may be twitching in his burial vault at Windsor Castle. As one part of the celebration, Elizabeth has invited to a commemorative service in Westminster Abbey 100 couples from round the realm whose only connection with royalty is that they share Her Majesty's wedding date...

Author: /time Magazine | Title: BRITAIN: The Informal Queen | 11/27/1972 | See Source »

...styles of the two albums, however, differ dramatically. The first offers a tight weave of sentiment and fantasy, a mixture of songs falling in the folk-blues realm, but far more disciplined and complex then the average. Journey takes style. What results is an equally impressive display of imagination along with the drastic change in tone...

Author: By Petter Shane, | Title: Far From Simple Simon | 11/18/1972 | See Source »

...condense a whole realm into these sixty pages, and yet develop that whole from a single notion, Beckett employs a thoroughly analytic form of organization. Instead of Dante's rings, the description is ordered into sections of increasing specificity, moving from the most obvious facts of life in the cylinder, to particular numbers, times, physical configurations of the light and temperature cycles or the exact traffic pattern followed by various groups on the floor of the cylinder. In this natural history of a hell, only three or four individual men are picked out of the mass, and only about...

Author: By Phil Patton, | Title: 'If This Notion Is Maintained' | 11/15/1972 | See Source »

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