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...order to restrict those fishing trips, the House and Senate Judiciary committees have written bills that make the searches conducted under the Supreme Court's Stanford Daily decision illegal. The bills would make it necessary for police to subpoena material they think they need from reporters. "You know who's going to pass it for us?" asks Jack Landau, director of the Reporters Committee for Freedom of the Press. "The cops in Flint and Boise. It ought to be called the Police Department Memorial Bill...

Author: /time Magazine | Title: Press: Open Up, It's the Police! | 8/11/1980 | See Source »

...festive spirit of Commencement has a longstanding heritage. Morison describes the development of Commencement from "a purely literary occasion" to a "sort of puritan midsummer's holiday." In 1681, when President Oakes perished shortly before Commencement, the authorities seeking a sober ceremony felt compelled to restrict students to a provision of one gallon of wine per man. Despite that one prohibitive graduation, the tradition of imbibement was propagated, climaxing in the "Plum cake scandal" of 1693, when kill-joy President Mather outlawed the tainted pastries, deeming the custom "dishonourable to the Colledge." Needless to say, in spite of various fines...

Author: By Laurence S. Grafstein, | Title: Keeping Commencement Happy | 6/5/1980 | See Source »

This "seed money," which totals $80,000 for this year, lets the researcher explore new ideas developed during research, a practice which the traditional grants restrict, Sarofim said...

Author: By Tracy E. Sivitz, | Title: Exxon Affiliate Gives MIT $8 Million To Research Fossil Fuel Combustion | 4/29/1980 | See Source »

...that once held up temperance, frugality and industry as ideals now increasingly cherish consumption, leisure and even hedonism. The culture that formerly stressed tomorrow now emphasizes today. This instantly gratifying good life is easily available through installment buying or "plastic money," which the Carter Administration last month attempted to restrict...

Author: /time Magazine | Title: Business: Capitalism: Is It Working...? Of Course, but... | 4/21/1980 | See Source »

Beyond reining in consumer expectations, several basic, if familiar, steps are necessary. The first is to reduce the previously excessive growth of money and credit in order to restrain demand and restore stability. Federal Reserve Chairman Paul Volcker has started a series of necessary credit-tightening measures to restrict demand. The second step is to limit severely government spending at the federal, state and local levels. The third step is to increase the supply of goods by giving tax incentives for saving and investment and to relax the regulations that force business to channel scarce capital into projects that...

Author: /time Magazine | Title: Business: Capitalism: Is It Working...? Of Course, but... | 4/21/1980 | See Source »

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