Word: reals
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Dates: during 1960-1969
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...Cover: epoxy resin sculpture by Frank Gallo. Though Gallo's slender, sexy swingers grace many museums and private collections around the world, this is his first for TIME and first of a real, live girl. The others have all been imaginary. The sculpture took three weeks to complete, and Gallo personally brought it from Champaign, Ill., to New York-it sat beside him in a first-class Ozark Air Lines seat. At first the package was too bulky to get the seat belt around, so Gallo was obliged to unwrap it. That caused quite a stir on the plane...
Spearhead Spiro. Last week the Administration again attacked its tormentors, real and imagined. Once more Vice President Spiro Agnew served as eager spearhead, delivering another speech written by Nixon Aide Pat Buchanan. The broadside came on a mission to Alabama as part of Agnew's attempts to protect the Administration's Southern flank. The White House would like to prevent George Wallace from recap turing the Governor's mansion, so Agnew had kind words for the incumbent, Democrat Albert Brewer. In his speech the Vice President continued and broadened the previous week's attack on television...
...rest of their lives." The burden of the message was clear: right-thinking Americans must choose between those who win the red badge of courage and those who wave the red flag of dishonor. Without question, the more extreme antiwar partisans have earned that kind of comparison. The real issue, however, is not the courage of those who fight the war but whether their courage is being expended wisely...
...cluster around $400 million, putting the Kennedys well down on the list of the nation's richest dynasties. The fortune is unusual in several respects. It is one of the few modern American fortunes of such size not derived principally from oil. Well over $100 million came from real estate speculation conducted by astute agents after Joe Kennedy had more or less retired from an active business role. Another substantial portion-perhaps $100 million if the managers have followed the rule of thumb applied in allocating other large fortunes-is in tax-exempt securities. The only corporate entity...
When Joe Kennedy moved from accumulation to preservation of capital, the safest bet seemed to be Manhattan real estate. To his delight, his shrewd broker, John J. Reynolds, the real estate counselor of the archdiocese of New York, made him vastly richer at minimum risk. Gradually, over the past seven or eight years, Ken Industries and the Park Agency, Inc., have disposed of the family's holdings in Manhattan. The golden touch that Kennedy enjoyed in his dealings is illustrated by the largest single transaction in this slow, quiet process of liquidation. In 1943 Kennedy bought the property...