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...resurgence of corporate profits, that question is likely to be posed more often and more insistently. Opinion polls suggest that a majority of the public believes that corporations earn much more than they actually do, and favor higher taxes on profits. Hence, it would behoove Americans, too, to rid their minds of what Samuelson characterizes as the suspicion that profits are "an exploitative surplus which fat men with an unfair penchant for arithmetic skim from the gross national product...

Author: /time Magazine | Title: Time Essay: Profits: How Much Is Too Little? | 8/16/1976 | See Source »

...planned 24 million acres has been planted with wheat; fodder for cattle is so scarce that farmers are slaughtering livestock they can no longer feed. In Victoria, the air echoes with the sound of gunshots as ranchers, who have already shot about 27,000 head of cattle, rid themselves of stock. In South Australia, stockmen are demanding compensation for an estimated 100,000 head of cattle and 2 million sheep they say must be killed to prevent overgrazing of the barren land...

Author: /time Magazine | Title: Environment: The World's Climate: Unpredictable | 8/9/1976 | See Source »

...self-serving cynicism of elected officials can be temporarily halted by simply voting every incumbent out. If there is a good apple in the smelly Government barrel, it's probably a kindness to get rid of him before he turns bad anyhow...

Author: /time Magazine | Title: Forum, Jul. 12, 1976 | 7/12/1976 | See Source »

...during ins seven years in office. He had traveled widely throughout Maryland, entertained handsomely,* organized the building of a theatre, and consistently tried to reconcile London and the Colonies. Tins enraged General Charles Lee, Continental commander for the southern region, who demanded last month that the Maryland Council "get rid of their damn'd government." The Baltimore Committee of Observation sent a band of men to kidnap Eden, but the Annapolis authorities repelled them. Only in May did the Maryland State Convention finally request that Eden "depart peaceably with all his effects." Eden agreed. A fortnight ago, the entire...

Author: /time Magazine | Title: The Nation: The Last Governor | 7/4/1976 | See Source »

Investigators were inclined to doubt that the Mafia had ordered Bolles' assassination. Said a Department of Justice expert on organized crime: "The gangsters are smart enough to know that getting rid of a reporter only causes more trouble than the reporter could stir up in the first place." Arizona authorities finger home-grown mobsters as more likely to commit such an act. They suggest that, despite his apparent loss of interest, Bolles may have been close to linking some big names to illegal schemes. Phoenix Police Lieutenant Jack Bentley told TIME Correspondent William F. Marmon Jr.: "Bolles had reams...

Author: /time Magazine | Title: CRIME: They Finally Got Me' | 6/28/1976 | See Source »

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