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...lack the Midas complex of Charles de Gaulle and other foreigners. McGeorge Bundy was not quite right when he cracked that only the greedy, the frightened, country folk and Frenchmen love gold. Anybody who has seen his fortunes dissipated by recurrent invasions, inflations and devaluations views gold as a safer haven than any paper money. Men die to dig gold out of two-mile-deep mines and then bury it in hermetically sealed vaults because, when all other currencies fail, gold can buy anything, anywhere. Particularly prized by political refugees, nervous dictators and indulgent sugar daddies, gold is eternal, objective...

Author: /time Magazine | Title: Essay: THE DOLLAR IS NOT AS BAD AS GOLD | 1/12/1968 | See Source »

...many a person wary of thieves, traveler's checks and credit cards are better than cash. Thieves agree. Precisely because the cards and checks are not legal tender, a smart crook knows that he is usually safer stealing or forging them than he is stealing or forging the real thing. In many states, lifting a credit card amounts to nothing more than lifting a penny's worth of plastic: serious crime may occur only when the issuing company is actually defrauded. The situation is much the same with traveler's checks. As a result, a man found...

Author: /time Magazine | Title: Legislation: Charge! | 11/24/1967 | See Source »

...grant is part of a $15.7 million program aimed at developing "simpler, safer, more effective" methods of birth control, McGeorge Bundy, president of the Ford Foundation announced Sunday...

Author: NO WRITER ATTRIBUTED | Title: Ford Grant Awarded To Population Center | 11/7/1967 | See Source »

...belief that high school driver-education courses produce safer drivers is so sacredly held that insurance companies trim premiums for motorists who have taken them. That gospel was challenged last week by University of California Psychologist Frederick L. McGuire. "There is no evidence," McGuire told a session of the National Safety Congress in Chicago, "that driver education influences accident frequency or severity...

Author: /time Magazine | Title: The Highway: Can Driving Be Taught? | 11/3/1967 | See Source »

...waspish two-man whirlybird with a top speed of 219 m.p.h., can pack a 4,000-round-per-minute machine gun, a grenade launcher and 76 air-to-ground 2.75-in. rockets. Faster and deadlier than any other helicopter in use in Viet Nam, the Cobra is also far safer for pilots. For Viet Cong gunners it is a tough target indeed; it has been slimmed down to a svelte 36 in. (v. 100 in. in the old Huey gunships) by seating the pilot and copilot one behind the other instead of side by side as in most other helicopters...

Author: /time Magazine | Title: Defense: Weapons for Present & Future | 10/20/1967 | See Source »

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