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Giant Tent. In an age of super-sophistication, the Now Couple of the late '60s is almost square. Twiggy lives with her parents in a London suburb, and Justin has a fashionably exotic pad near Soho, under the offices of Twiggy Enterprises. In his living room he has draped 300 yds. of hand-blocked Indian fabric to form a giant tent. Beneath the tent are something like 100 cushions for visitors and Justin's small menagerie: a huge Afghan hound named Zaradin, two Persian cats called Buttercup and Jemima and a "plain" cat called Pansy. Twiggy stays...

Author: /time Magazine | Title: Show Business: The English Dream | 2/7/1972 | See Source »

...Dust Bowl days of the '30s. Many Viet Nam veterans applied, along with at least one out-of-work aerospace engineer. Despite the trend toward agribusiness, there is a widespread nostalgia for the land. Another applicant is a $190-a-week television film editor who lives in a suburb of Boston. "It's a chance for me to work at something that would be my very own," he wrote. "I'm sick of pollution, demonstrations and riots. I want to get away...

Author: /time Magazine | Title: The Nation: New Homestead | 1/17/1972 | See Source »

...King continues to live like an emperor. He maintains a sumptuous suite of offices on the top floor of Denver's tallest building. He and his family live in the wealthy Denver suburb of Cherry Hills Village on a baronial walled estate complete with guest wing, offices, swimming pool and a live-in servant. For recreation, the Kings maintain a mountain retreat in Vail, Colo., a home in Palm Springs, Calif., and an island estate on Maui, Hawaii. He drives a radio-equipped Cadillac, maintains an extensive collection of antique guns, wears monogrammed shirts and cowboy boots, and boasts...

Author: /time Magazine | Title: ENTREPRENEURS: Penury Without Tears | 1/17/1972 | See Source »

Cutting Red Tape. The FHA helped spur the first surge of suburb building in the early postwar years. But in the 1950s, savings and loan associations, the chief source of housing credit, began to shun FHA-insured loans because the agency had a rigid ceiling-5% when MGIC started-on the interest that lenders could charge to home buyers. By offering private insurance, Karl enabled S and Ls to obtain higher interest rates on secure loans and still cut the down payment below 20%. Moreover, Karl successfully slashed through the FHA's red tape. MGIC guarantees to approve...

Author: /time Magazine | Title: INSURANCE: Karl the Magic Man | 1/17/1972 | See Source »

...name itself, Rolling Meadows, is redolent of Elysium. For its taxpayers, Rolling Meadows, Ill., is heaven: the city property tax has been abolished. The small (pop. 19,000) Chicago suburb is a beneficiary of an Illinois law that allows municipalities to collect a portion of state sales tax on goods billed within the community. With the $1.2 million collected each year on the sales of products of such corporate neighbors as Western Electric and Hallicrafters, which have sales offices there, Rolling Meadows does better than make ends meet...

Author: /time Magazine | Title: The Nation: Tax Heaven | 12/27/1971 | See Source »

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