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...reduction in state spending on higher education and 51% favors the imposition of tuition at state campuses. Reagan himself maintains a cheerful mien, admits that he is "stingy" and "stubborn." When his staff celebrated his 56th birthday last week by giving him an "economy" cake that had a 10% slice missing and only 90% of its proper allotment of candles, the Governor could only agree that it was nice to be 50.4 again...

Author: /time Magazine | Title: California: Happy 50.4th! | 2/17/1967 | See Source »

Quiet Pressure. Through last week, no such stampede had arisen. Instead, some companies quietly began feeding deposits into Chase Manhattan, hoping thereby to pressure other banks to slice their prime rate to Chase's 5½% level. At a news conference, Chase Chairman George Champion casually noted that his bank had about $1 billion in cash and other quick assets to meet any surge in loan demand. By week's end, Chase had withstood two weeks of the split-level struggle, and many businessmen were betting that the bank would emerge the victor, thus raising its prestige...

Author: /time Magazine | Title: Banking: Prime Contest | 2/17/1967 | See Source »

...14th novel, Wright Morris recounts a day's events in a small Indiana town just before a twister hits. As a slice of life, the book is thin indeed, and coming from Morris (The Field of Vision, Love Among the Cannibals), it is exasperating. The familiar elements are there: the pointless plot, the Twain tone of Midwest innocence and irony, the fey and the freak who get caught up in the drama. Morris has used them all before, often to great comic effect. This time he has barely bothered to construct more than the outline of a story, leaning...

Author: /time Magazine | Title: Books: Empty Circles | 2/17/1967 | See Source »

...studying the earth." Columbia's Professor I. I. Rabi, a Nobel prizewinning physicist who is in favor of the moon program, points out that Congress recently made a sharp cut in appropriations for a new nuclear accelerator and for the cosmotron at Brookhaven, But it refused to slice into space allocations. "Disgraceful," says Rabi...

Author: /time Magazine | Title: Essay: WHY SHOULD MAN GO TO THE MOON? | 2/10/1967 | See Source »

...minute documentary, China: The Roots of Madness, written by Theodore White (The Making of a President) and produced by David Wolper. It traces the course of China from 1850 to 1950, and while it fails to cope with the current maelstrom, it is a remarkably good slice of history. Wednesday, February 1 BOB HOPE PRESENTS THE CHRYSLER THEATER (NBC, 9-10 p.m.).-Bradford Dillman and Alex Cord play billiards for a fortune and Jean Simmons...

Author: /time Magazine | Title: Television: Feb. 3, 1967 | 2/3/1967 | See Source »

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