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...Chicago Mayor Richard Daley, Mikva had made his peace with the "boss." Mikva's Republican opponent, Sam Young, 49, a Chicago attorney active in local G.O.P. affairs, spoke out harshly against "the McGovern-Mikva brand of government," a gamble that paid off among the conservative voters along the North Shore. In winning. Young moved into his first public office...

Author: /time Magazine | Title: THE HOUSE: Vintage Year for the Incumbent | 11/20/1972 | See Source »

...Pont to run successfully for the governorship in 1968, Peterson had won a deserved reputation as a reformer and innovator; among his credits was a widely praised coastal zoning law, enacted in 1971, that barred polluting industries from building plants along Delaware's 381-mile shore line. But Peterson's fortunes suddenly soured last summer when he was forced to admit that his revenue calculations had been "dead wrong." He then asked for a tax increase, the second in two years, to cover a huge deficit...

Author: /time Magazine | Title: THE GOVERNORS: New Tenants in the Statehouses | 11/20/1972 | See Source »

...light bulbs hanging from their sockets and cables strewn across the floors. "The ship looks as though a bomb has hit it." The Q.E.2's departure was delayed three days while workmen tried desperately to get it shipshape. Cunard was forced to cough up $250,000 in emergency shore accommodations or air fares home for 1,550 stranded passengers. After the liner finally weighed anchor this week, a cleanup party of 40 workmen was still aboard, hammering their way across the Atlantic...

Author: /time Magazine | Title: BRITAIN: Anchors Awry | 11/20/1972 | See Source »

...Chicago Mayor Richard Daley is not known for missing political opportunities. Thus when reapportionment became necessary, he neatly obliterated the South Side congressional district of Abner Mikva, 46, a respected Democratic independent. Forced to run elsewhere, Mikva chose a newly created, relatively conservative district on Chicago's North Shore. Opposing him is Samuel H. Young, 49, a suburban attorney and political activist in search of his first public office. Young's campaign strategy is simple: to hang the McGovern albatross around Mikva's neck...

Author: /time Magazine | Title: THE HOUSE: Pick of the Biennial Races | 11/6/1972 | See Source »

...umbrella organization called the Summa Corp., presumably for the Latin word meaning highest. The billion-aire-in-hiding, who is reportedly living in Managua, Nicaragua, was expectably silent on his reasons for the sale. Hughes' ex-Financial Adviser Noah Dietrich speculated that "he needs cash" to shore up his Nevada gambling interests and the Hughes Airwest airlines, both hard hit in the recession. Hughes may also need a reserve against the pressure of several pending lawsuits, especially a $145 million antitrust judgment awarded against him in favor of TWA, now on appeal to the Supreme Court. In addition, Hughes...

Author: /time Magazine | Title: CORPORATIONS: Hughes in Public | 10/30/1972 | See Source »

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