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Then came World War II-and with it a boom in letter writing, mostly between forlorn servicemen and their wives and girls. Katz came up with Rite-Kit, an inexpensive stationery box that doubled as a writing surface. He formed his own company, and by war's end it was grossing $1,500,000 a year...

Author: /time Magazine | Title: Corporations: It's a Merry Christmas When The Output Is Torn to Shreds | 8/25/1967 | See Source »

...state occasion in Buenos Aires' majestic Colon Theater. In honor of visiting Japanese Crown Prince Akihito, the city had scheduled a gala performance of Stravinsky's ballet Rite of Spring, and Juan Carlos Ongania, the retired general who seized power last year, had agreed to attend. Ongania was not enjoying himself. In the middle of the performance, he rose from the presidential box and ushered his wife and 28-year-old daughter Sara to the rear. Rite of Spring, he informed Mayor Eugenio Schettini the next day, was a dirty ballet and should not be permitted in Buenos...

Author: /time Magazine | Title: Argentina: Sex & the Strait-Laced Strongman | 8/18/1967 | See Source »

Except for such compelling reasons as scandal, heresy or outright incompetence, a Roman Catholic bishop is almost never separated from his see. For the past seven months, however, the Most Rev. Nicholas T. Elko, Ruthenian-rite bishop of Pittsburgh, has been in Rome, barred by his church superiors from returning to his diocese. The case of Bishop Elko, who describes his situation as "exile," casts fascinating light on Catholicism's current internal stresses-and on the problems of its little-known Eastern-rite churches...

Author: /time Magazine | Title: Roman Catholics: Bishop in Exile | 7/21/1967 | See Source »

...Ruthenian rite is one of 17 semi-autonomous branches of Catholicism that acknowledge the Pope as head of the church but have their own non-Latin customs and liturgies. Ruthenian Catholics, for example, use a Byzantine liturgy identical to that followed by Eastern Orthodox Christians who are not in union with Rome, and which is traditionally celebrated in Hungarian, Greek or Old Slavonic. In the U.S., there are about 600,000 Eastern-rite Catholics. For many of them, their church is a God-given way of maintaining nostalgic ties with their homelands in Eastern Europe and Russia. But their peculiar...

Author: /time Magazine | Title: Roman Catholics: Bishop in Exile | 7/21/1967 | See Source »

...annual meetings came to order last week, news of pinched profits during the first quarter of 1967 did little to dampen the spirit of this capitalistic rite of spring. Company directors grinned and bore the usual questions about executive wages, profit sharing, charitable contributions, and cumulative stock voting. A.T. & T.'s new chairman, Haakon I. Romnes, greeted his 4,801 guests at Baltimore's Civic Center and handled the meeting with aplomb. In Detroit, Chrysler shareholders barely flinched when Chairman Lynn A. Townsend told them that first-quarter earnings had plummeted 71 % from a year earlier...

Author: /time Magazine | Title: Profits: The First Quarter | 4/28/1967 | See Source »

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