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...Mills may well be irked with the President for another reason as well. Last fall, when Johnson requested his help in passing a bill to suspend a 7% investment credit, Mills asked for a favor in return. "I want you to issue a proclamation proclaiming 'Duck Day' in Stuttgart, Arkansas," he drawled. At first speechless, Johnson finally replied incredulously: "You want me to proclaim 'Duck Day'?' "Yes," insisted Mills. "In Stuttgart, Arkansas." The President said he would. The investment credit was suspended, thanks to Mills's help. But somehow, Duck Day in Stuttgart never...

Author: /time Magazine | Title: The Economy: Defending the Dollar | 12/1/1967 | See Source »

...hold some $27 billion worth of dollars, more than twice the $13 billion of gold in U.S. hands. Technically, $10 billion of that hoard is frozen as legal backing for the nation's outstanding currency. It is nonetheless available to meet foreign demand because the Federal Reserve can suspend the statutory requirement that U.S. currency be 25% backed by gold. Last week's flurry in gold, as well as the other aspects of British devaluation, renewed both hopes and demands among businessmen that the U.S. move swiftly to its obvious, anti-inflationary dollar-defense line: raising taxes, cutting...

Author: /time Magazine | Title: Money: Weathering the Fallout | 12/1/1967 | See Source »

Columbia University will suspend all on-campus military recruitment beginning this week, Columbia President Grayson Kirk announced last Tuesday...

Author: NO WRITER ATTRIBUTED | Title: Columbia Bars Military Recruiting On Campus in Answer to Hershey | 11/27/1967 | See Source »

...disrupted Dow job interviews at Boston College and at Illinois, Minnesota and Wisconsin universities. So virulent were the demonstrations at Madison that university officials reluctantly called in city police to disperse the protesters. At least 65 people were hurt, nine students were arrested, and the university now plans to suspend protest leaders from class...

Author: /time Magazine | Title: Students: Ire Against Fire | 11/3/1967 | See Source »

Still, Audrey Hepburn's honest, posture-free performance helps to suspend the audience's disbelief. She is immensely aided by the heavies: Jack Weston, Richard Crenna, and Alan Arkin playing his first straight roles-triple portrayals of a Peter Lorre-like psychopathic killer, a white-haired father and his smarmy son. With virtuosity, Hepburn and Arkin collaborate to revive an old theme-The-Helpless-Girl-Against-the-Odds-that has been out of fashion since Dorothy McGuire and Barbara Stanwyck screamed for help in The Spiral Staircase and Sorry, Wrong Number. If Hollywood is still counting money...

Author: /time Magazine | Title: Cinema: The Return of the Helpless Girl | 11/3/1967 | See Source »

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