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...January 1 for corporations and to April 1 for individuals, should garner $10 billion in a calendar year to offset a deficit that could run as high as $25 billion - even after the cutback in expenditures - and bolster sagging international confidence in the dollar. During the second quar ter of 1968, the U.S. economy is expected to equal the first quarter's $20 billion leap forward in gross national product. With no rein on the economy, Johnson reasoned, inflation could lop 40 off every dollar's purchasing power during the year and help price U.S. exports...

Author: /time Magazine | Title: The Congress: Wilbur's Full House | 6/7/1968 | See Source »

...much of the evening, Jason (Pe ter MacLean) also seems to be Lucifer, ranging between brazen malice and wily seductiveness. He has summoned into session a kind of miniature parliament of seven representative humans, and he wants to wring from them a unanimous vote for fire. Sometimes he uses verbal third-degree tactics, evocative of the rapid-fire non sequiturs gunned at each other by the characters in Rosencrantz and Guildenstern Are Dead...

Author: /time Magazine | Title: Repertory: Fire! | 5/24/1968 | See Source »

...Penn Central, reporting for the first time since the Feb. 1 merger of the Pennsylvania Railroad and the New York Central, earned $13.4 million, or 16.6% more than last year's first quar ter, when the partners were competitors...

Author: /time Magazine | Title: Earnings: Full Quarter | 5/10/1968 | See Source »

Eight times so far this season, Bob Beamon has jumped against Boston, and beaten him every time. Ter-Ovanesyan has been sitting it out back home. Two months ago in Kansas City, Beamon sailed 27 ft. 1 in. to break the world indoor mark of 27 ft. set by the Russian in 1966. Two weeks ago, at the N.C.A.A. championships in Detroit, Beamon rubbed salt in the wound with a leap...

Author: /time Magazine | Title: Track & Field: Then There Were Three | 3/29/1968 | See Source »

...that he has the world indoor record, Beamon has his sights on the outdoor record of 27 ft. 4¾ in., held jointly by Boston and Ter-Ovanesyan. And why not? After all, Bob got off a fantastic 27-ft. 7½-in. jump at the N.C.A.A. championships, only to find that he had fouled by ½ in. Ultimately, he aims for a 28-ft. jump-the distance it may take to win in the Olympics. "I'm not in good shape yet," says he. "I haven't really started my training...

Author: /time Magazine | Title: Track & Field: Then There Were Three | 3/29/1968 | See Source »

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