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...night builders and obsolete housing codes that often worked to restrict better homes were partly to blame for such conditions. But the major responsibility lay in Government appraisal practices, which set the standards for the industry, and which Mason has worked to change. Rules for figuring mortgages are often drawn in terms of the cheapest material available. Thus, as far as getting a mortgage is concerned, it makes little difference whether a builder puts in a 20-year furnace for $350 or a $275 job that wears out after five years. The builder is free to add quality features...

Author: /time Magazine | Title: Business: THE QUALITY HOUSE | 9/22/1958 | See Source »

...million for five months, down to $403 million. Though the Fed's moves brought immediate talk of rising interest rates and a return to tight money, the actions were largely psychological, designed more to check the inflationary fever that has hit the securities market (see below) than to restrict credit itself...

Author: /time Magazine | Title: STATE OF BUSINESS: View from the Vaults | 9/1/1958 | See Source »

...long run, the chief hope that the Middle East's welter of conflicting national purposes could peaceably be reconciled lay in the establishment of a set of ground rules that would restrict political change in the Middle East to orderly, nonviolent channels. In essence, what Dag Hammarskjold was proposing was acceptance of such a set of rules and the establishment of a kind of U.N. trip wire to sound the alarm whenever anyone showed a disposition to violate them...

Author: /time Magazine | Title: THE COLD WAR: Taking It to the U.N. | 8/18/1958 | See Source »

...social program does not restrict itself to Cambridge. An excursion will go to the Berkshire Music Festival, Tanglewood, the weekend of July 25-27. The Summer School will arrange bus transportation, lodging, tickets for all events, and swimming privileges for a package fee of $28. Trips will also be planned to concerts at Castle Hill (Ipswich) and the Theatre-on-the-Green (Wellesley). If these appeal to your whim, pay a small visit to Mrs. Mel Clouser in Grays 2 for reservations...

Author: By Martha E. Miller, | Title: Summer Scholar's Life: Quite a Happy One; Concerts and Lunches, Dances and Punches | 6/30/1958 | See Source »

...forbidden foods, feel free to eat fried fish and potatoes topped with catchup, if that happens to be what they like. So said the University of Oklahoma's Dr. Stewart G. Wolf last week. Main thing, he told the American Academy of General Practice, is not to restrict what the ulcer patient eats but to do something positive about how often he eats-and that should be every two or three hours, counting the inevitable glass of milk. Purpose of frequent eating: to give the hydrochloric acid in the digestive juices something to work on besides the lining...

Author: /time Magazine | Title: Medicine: Off the Milk Wagon | 4/7/1958 | See Source »

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