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...levy on merchandise stocked by storekeepers--are actually regressive with respect to personal income. As one of the five states that have neither a sales nor income tax, it has a constitution that forbids excise duties or any progressive tax, and no candidate for governor since Sherman Adams has suggested reform of the tax structure...

Author: By William A. Weber, | Title: The New Hampshire Election | 11/2/1960 | See Source »

...Kitchen Debate. Nixon did not always have an easy welcome at the White House. During the Administration's early years, Ike's peppery chief of staff, Sherman Adams, kept him at arm's length. But Nixon's standing soared during the months following the President's heart attack on Sept. 24, 1955. Confronted with a trying situation, in which even the appearance of undue self-assertion might have seemed a grabbing for power, Nixon conducted himself with poise and modesty, presided at Cabinet meetings from his customary chair instead of from the President...

Author: /time Magazine | Title: REPUBLICANS: Candidate in Crisis | 10/31/1960 | See Source »

Nonetheless, in 1956 Sherman Adams told Nixon that it might be better if he took a Cabinet post rather than stand again for the vice-presidency. Later on, Ike himself suggested that it might help Nixon's political career to serve in a Cabinet post. Nixon seriously considered quitting Government, but abandoned the idea and told Ike that he preferred to run for Vice President again. Adams was toppled into ignominy in 1958 by the Goldfine affair, and Nixon found firm White House support from Adams' successor, Wilton B. ("Jerry") Persons, a genial Alabamian, and from ever influential...

Author: /time Magazine | Title: REPUBLICANS: Candidate in Crisis | 10/31/1960 | See Source »

...evening News (100,000) and the Sunday Republican (112,000). The papers are the succulent descendants of a family empire founded in 1824 by Samuel Bowles. Newhouse's buy included possession rights to a 45% stock holding that belonged to the widow and four children of Sherman Hoar Bowles, the papers' eccentric last dynastic proprietor, who died in 1952. But until 1967. voting rights to that 45% are held, by a voting trust controlled by trustees of the papers' pension funds. (Bowles, though he fought unions, was a paternalistic employer who wanted his own employees to have...

Author: /time Magazine | Title: The Press: Man Who Came to Dinner | 10/31/1960 | See Source »

With the wind colder and the water choppier, the Crimson skippers will not just sail away with the Jack Wood Trophy today or the Sherman Hoyt Trophy tomorrow. Carter Ford, Mike Lehman, John Kimball, and Don Cannon will first have to oust a very strong M.I.T. and Coast Guard fleets before hauling off the silver...

Author: By Peter S. Britell, | Title: Crimson Sailors Seek Double Win at Brown | 10/29/1960 | See Source »

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