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...Astor could not take with him. How did Testator Astor do it? It seemed, under New York State and federal inheritance statutes, kind of easy: he left about $61.5 million to his wife Brooke as a taxless widow's mite. $60.5 million to the Vincent Astor Foundation and sev eral much smaller charities (also untaxable). Some $5,000,000 went to pay o"f debts, all taxes, administration expenses and lawyers. All that was left to tax was some $775,000, out of which the federal tax-types got a miserly $198,552 as top bite. The French Republic...

Author: /time Magazine | Title: People, Jul. 11, 1960 | 7/11/1960 | See Source »

...Year's Eve Dr. Elmer Sev-ringhaus of Hoffmann-La Roche dropped in to see Dr. McDermott of New York Hospital and tell him about Rimifon. It was soon clear that Rimifon was chemically the same as Nydrazid, and a week later Squibb and Hoffmann-La Roche got together to plan further testing of the drug and arrange a request to the Food & Drug Administration to have it released for general use by physicians. That release cannot be given until May or June; by then, both companies will be ready to market the drug in wholesale lots...

Author: /time Magazine | Title: Medicine: TB --and Hope | 3/3/1952 | See Source »

...break in green men: When they begin to get good they are transferred to the newspaper wire." Thus, radio wire services largely fail in "their obligation to write brightly, intelli gently, informatively, entertainingly." The committee found that stories for the broadcasters were sometimes grey-bearded on arrival - anywhere from sev eral hours to several days late...

Author: /time Magazine | Title: Radio: Summary of the News | 9/5/1949 | See Source »

...having just presented a long, painstaking, carefully worked out harangue on a subject dear to his heart, is confronted with the request: 'Will you now give us seventy-five words on what you've just said?' " ¶ Georgia O'Keeffe spent only sev en well-chosen words in describing her latest painting - a starkly splen did, semi-abstract rendering of the Brooklyn Bridge (see cut) : "This is the Brooklyn Bridge...

Author: /time Magazine | Title: Art: Question & Answers | 4/11/1949 | See Source »

Whether or not Diplomat Daniels was right (some underlings in State and sev eral Latin American diplomats thought he wasn't), the unappetizing fact was that a dictator had been given fresh prestige at a time when pressures from his democratic Central American neighbors (TIME, May 10), had begun to threaten his 16-year reign...

Author: /time Magazine | Title: THE HEMISPHERE: Welcome, Tacho | 5/17/1948 | See Source »

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