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...Political Salesman." The President was determined not to ire voters by calling for a deflationary, across-the-board tax hike. Yet all through the second session, Johnson kept urging the Congress to keep his domestic programs at low price levels. To many members, his pleas smacked of election-year politicking, but when the final dollar total for programs passed over both sessions was added up, the 89th had actually allocated $3.3 billion less than the President had requested. For the two years, the 89th had appropriated just under $264 billion, an alltime record...

Author: /time Magazine | Title: The Congress: Reaching into the Future | 10/28/1966 | See Source »

Traveling Salesman. "S.S.," as Kresge was called by subordinates, was famed for his penury, which he acquired in the eastern Pennsylvania farming country where his Swiss ancestors had established the small (pop. 500) town of Kresgeville 120 years before his birth. Sebastian's father was a hard-pressed farmer who had one farm seized by a sheriff for mortgage nonpayment; young S.S. helped support a later, smaller farm out of his $22-a-month salary as a schoolteacher...

Author: /time Magazine | Title: Executives: The Pinch-Penny Philanthropist | 10/28/1966 | See Source »

...saved $8,000 in commissions by the time he reached 30. One of his customers was Dimestore Pioneer Frank W. Woolworth, to whom Kresge sold a sizable order of tinware. When Kresge noticed that Woolworth's 19 stores were profitably run on a cash-only basis, the traveling salesman thought he saw his future. In 1897, despite a financial panic, he used his savings for a half interest in stores in Memphis and Detroit run by another five-and-dime pioneer, John G. McCrory. Two years later, Kresge bought out the Detroit store and began his own business...

Author: /time Magazine | Title: Executives: The Pinch-Penny Philanthropist | 10/28/1966 | See Source »

...narrator, oddly enough, is a young Englishman named Manning who is working on his thesis at Moscow University. He is hired as an interpreter by a countryman, Gordon Proctor-Gould, who bears a striking resemblance to Greville Wynne, the British salesman who in fact ran secrets for Russian Spy Oleg Penkovsky before the Soviets nabbed them both in 1962. Proctor-Gould may or may not be in the intelligence game himself (he, of course, denies it), but Frayn, a satiric columnist for the London Observer, cannot resist giving him a bizarre cover job: he recruits everyday Russians for appearance...

Author: /time Magazine | Title: Books: Short Notices: Oct. 21, 1966 | 10/21/1966 | See Source »

...anyone going into an industry not wanting to be president. And though one could easily say of him that he is a man of integrity, he is also one of practicality, professionalism, and the wary warmth of experience that becomes one who has been a door-to-door salesman, a Paris chef, a Pennsylvania tobacco farmer, and an Oxford student...

Author: By Joseph A. Kanon, | Title: David Olgivy | 10/18/1966 | See Source »

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