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Dates: during 1960-1969
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More than most religious believers, the Witnesses are in almost constant trouble with the law, in the U.S. as elsewhere. They refuse military service, not on the ground of conscientious objection but on the dubious claim that every baptized member of the sect is a minister; as a result, a survey showed, 300 young American Witnesses were in jail last year for draft evasion. Currently, they are having difficulties with several African nations. In Zambia, for example, 3,700 Witness children were expelled from public schools for refusing to salute the flag, which they refuse to do anywhere because...

Author: /time Magazine | Title: Sects: Witnessing the End | 7/18/1969 | See Source »

...frame looks trim at 195 lbs. (the result of a three-month Duke University rice diet), and his hair is gray and thinning. As he happily addresses Boston's late-morning housewives, he refuses to talk down to them, and insists on "informing as many people as possible, by whatever wiles we have, so that they can understand the nature of reality." His competition consists of Hollywood Squares, Concentration, The Art Linkletter Show, Beverly Hillbillies reruns and, inevitably, The Loretta Young Show. Reality being what it is, that line-up may defeat his efforts. But so far, despite occasional...

Author: /time Magazine | Title: Comebacks: Peace, Old Tiger | 7/18/1969 | See Source »

Airline stocks fell especially far last week after Pan American skipped a dividend as a result of a $19 million loss in the year's first five months. Traders were further depressed by a cutback in capital spending at Chrysler and news that retail sales dropped in June for the second straight month. These indicators might bring some cheer to the Federal Reserve Board, which has been desperately looking for evidence that its restrictive money policy has produced some slowdown. But New York's First National City Bank warned in its latest economic letter that, "to hold fast...

Author: /time Magazine | Title: Business: WHY WALL STREET IS WORRIED | 7/18/1969 | See Source »

...from lending but do not include defaulted loans or losses on securities investments, which most banks have suffered this year. Under any circumstances, N.O.E. figures are somewhat misleading; they tend to overstate profits during times when securities markets are falling-and understate profits when markets are rising. As a result, accounting groups are urging banks to report straight net income as corporations do. Whether they do or not, bank operating earnings are likely to remain strong in forthcoming months...

Author: /time Magazine | Title: Banking: The Wages of Inflation | 7/18/1969 | See Source »

...have become an institution. Many of their husbands also drink more than their share. In Manhattan, restaurants advertise Businessmen's Breakfasts, featuring a Bloody Mary. An Akron psychiatrist says: "Stress and executive anxiety are endemic. Desks are full of pills. Liquor for lunch is a necessity." As a result, many companies employ a psychiatrist...

Author: /time Magazine | Title: Business: The Rising Pressures to Perform | 7/18/1969 | See Source »

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