Word: smithsonian
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...attraction for visitors was the Smithsonian Institution's Festival of American Folklife, spread across 50 acres along the Washington Mall beside the 2,000-ft. reflecting pool. The festival celebrates and demonstrates ethnic and cultural diversity in American life, from Ukrainian folk dances to Indian lacrosse matches. TIME Correspondent Bonnie Angelo took in the sights...
Overlooked by the Lincoln Memorial, the festival holds forth as a patchwork of Americana to show the nation's ethnic roots from abroad and their perpetuation in American history. The Smithsonian's scholars reject with a shudder the "melting pot" concept of America. They believe in an ethnically diverse, pluralistic nation to which scores of cultures have supplied the pieces that make up the American mosaic...
...festival features 900 "natural" performers-netmakers, square dancers, fiddlers, weavers, cooks, cowboys and others-discovered across the nation by 50 Smithsonian field researchers, and others sought out abroad to demonstrate the old ways that have been transplanted to the New World. The researchers, scouting the country for local talent, came up with Fiddler Ed Johnson and Guitarist Joe Trottier, North Dakota Indians who play Scotch-Irish jigs. They found Charles Sayles playing his harmonica on a street corner in Greenwich Village and discovered Dolores Pequefio, a grandmother from San Diego, who sings 500-year-old Portuguese ballads...
...national experience, which will appear periodically through early 1976. The first of these essays is published in this issue: an analysis of the growth of American nationalism by Boorstin, who was professor of American history at the University of Chicago for many years, and is currently director of the Smithsonian Institution's National Museum of History and Technology. Boorstin is serving this project not only as an author but also as an adviser and has worked closely with the editors of TIME in planning the essay series. At Boorstin's suggestion, for example, the essays will deal...
...moneymen spread to the London stockmarket, killing any hopes for an upsurge in the wake of the pro-Market landslide. The day after the B.I.S. report was issued, there was a rush of Arab petrodollars out of London and the pound fell to a record low, 25.9% below the Smithsonian-agreement level of 1971. Meanwhile, new figures published last week showed that investment in manufacturing industry is now dropping at the unprecedented annual rate...