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Always a big spender when times were good (he once had four writers at work on four separate official histories of his young company), Fraser has turned uncharacteristically frugal of late. He has fired the gaggle of Harvard M.B.A.s who flocked to Hilton Head in the early 1970s. In order to reduce Sea Pines' towering debt, he has sold Palmas Del Mar-taking a $13 million loss -and deeded back to the lender the North Carolina tract where he planned to build the Nantahala/Heritage Park. He has also shelved plans for several smaller resorts where "almost any member...

Author: /time Magazine | Title: ENTREPRENEURS: Deflated Developer | 5/24/1976 | See Source »

...classes in schools, bilingual education, more money for teachers and massive school improvement programs. Somewhere along the road he discovered the true nature of his state's temperment: on election night he would tell his father, "I almost lost because of you. People remembered you as such a big spender...

Author: By Peter Kaplan, | Title: Lowered Expectations in the Pastures of Plenty | 4/8/1976 | See Source »

While Schiller's original text favors the romantic Scottish queen and casts Elizabeth as the villain, Stephen Spender's verse translation depicts both monarchs as victims of historical circumstance. If Elizabeth's decree obliges Mary to mount the scaffold, the Stuart queen has at least the consolation of dying surrounded by admirers and absolved from sin. Elizabeth, on the other hand, in her zeal to save appearances is finally condemned by them, retaining her crown only at the cost of losing the friendship and popular support that gave it meaning...

Author: By Julia M. Klein, | Title: Mary and Elizabeth: More Stately Monarchs | 3/25/1976 | See Source »

...Manuelian captures in excruciating grimaces the plight of a parched seed, and Don Marocchio's impersonation of our former president is painfully accurate. Manulis' directorial coup, however, is his dramatization of the parable of the prodigal son, which features strippers enticing the prodigal to the strains of "Hey, Big Spender" and the amazing vocal contortions of David Alpert as the narrator...

Author: By Julia M. Klein, | Title: Dixie Cups and Disciples | 3/18/1976 | See Source »

...quadrennial end of ideology in American politics--vide Time and Newsweek's cover stories on Jimmy Carter--Henry M. Jackson won the Massachusetts Democratic primary largely because of ideology. That, and a bit of money, about $400,000, or almost twice the amount spent by second-place finisher and spender Morris Udall...

Author: By James I. Kaplan, | Title: Blame Massachusetts | 3/6/1976 | See Source »

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