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...Gurney Breckenfeld and edited by Marshall Loeb, the story analyzes Wall Street's present disarray, and examines the prospects ahead in the '70s. A feature of the report is a look at one of the Street's most outspoken personalities. Dreyfus Corp.'s Howard Stein, who was interviewed at length by Correspondent Roger Beardwood. Indeed, Beardwood even accompanied Stein on a brief trip to Ireland, where the roles of interviewer and interviewee were sometimes reversed. Born in England, Beardwood cut his teeth as a reporter for the Offaly Chronicle in Birr, County Offaly...

Author: /time Magazine | Title: A Letter From The Publisher: Aug. 24, 1970 | 8/24/1970 | See Source »

...Cover: Collage by Dennis Wheeler, including a photograph of Stein by Alfred Eisenstaedt...

Author: /time Magazine | Title: A Letter From The Publisher: Aug. 24, 1970 | 8/24/1970 | See Source »

Ortolans and Failure. For the next 2½ years it was girls, flasks and sis-boom-bah. But the public image concealed an all-night reader who forged through Flaubert, Rimbaud, Joyce, Proust, Eliot, Pound, Cummings, Stein, Hemingway. In the fall of 1926, with a wad in his wallet and a life of leisure in view, he changed his name to Nathanael West and sailed off to Paris to join the Lost Generation. It was going to be ortolans all the way. But that winter the family fortune showed signs of imminent collapse. Early in 1927, West found himself working...

Author: /time Magazine | Title: Books: A Great Despiser | 8/17/1970 | See Source »

...talk, but neither he nor his aides agreed as to what he should say. Federal Reserve Board Chairman Arthur Burns opposed controls but favored an ''incomes policy" under which the Government would establish, but not enforce, wage-price guidelines. Labor Secretary George Shultz and Herbert Stein, a member of the Council of Economic Advisers, wanted to do nothing at all. CEA Chairman Paul McCracken opposed any plan that would require his staff to police wage-and-price agreements...

Author: /time Magazine | Title: Nation: Picking Up the Wishbone | 6/29/1970 | See Source »

...Gertrude Stein notwithstanding, there has been only one truly "lost generation" this century. That is the generation of the 1950s: the American men and women, now in their 30s, who graduated from college in the Eisenhower era-the so-called "Silent Generation." A member of that age group, TIME Associate Editor Gerald Clarke, 32, reflects on the collective experience of his contemporaries...

Author: /time Magazine | Title: Essay: THE SILENT GENERATION REVISITED | 6/29/1970 | See Source »

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