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Regan's arrival in the West Wing could tip the balance in the longest- running and most important intramural rivalry of Reagan's presidency, that between Shultz and Weinberger. The two have differed over arms control, the appropriate uses of force, relations with NATO allies and policy on the Middle East. Regan has been one of the few Cabinet members to challenge the Pentagon boss publicly on defense spending, insisting that the military must take part in the deficit-reduction drive. Perhaps even more significant, Shultz and Regan are personal friends and their two wives enjoy socializing together. The Shultzes...

Author: /time Magazine | Title: Shake-Up At the White House | 1/21/1985 | See Source »

While the stock market has drifted aimlessly for the past 18 months, the growth of newsletters that offer investment advice has been almost straight up. Since 1970, the number of tip sheets devoted to picking everything from stocks to crops has doubled, to more than 700. That rapid growth has caught the eye of the Securities and Exchange Commission, which has been cracking down on fraud within the financial newsletter industry. The agency has hauled six market-advice publishers into court since 1981 on such charges as making false advertising claims and has launched administrative actions against a dozen more...

Author: /time Magazine | Title: Tip Tiff: Newsletters VS. the SEC | 1/21/1985 | See Source »

...January 6, approximately 30 felt-tip pen-armed students decorated the walls of a third-floor--hallway with colorful depictions of such unusual creatures as ants, mushrooms, a zebra, Oscar the Grouch, an octopus, God, and resident tutor Thomas I. Barkin...

Author: NO WRITER ATTRIBUTED | Title: Briggs Residents' Zoo Mural Makes Cabot Officials Roar | 1/18/1985 | See Source »

...migrant farm laborers whom the cafetalero needed during the 2 1/2-month coffee harvest. The guerrillas' demand on behalf of the workers: about $4 for each 100 lbs. of coffee beans picked, plus food and medical care. The rebels also wanted a slice of the harvest action: a "tip" of about $5 for each 500 lbs. of beans. The alternative to a settlement was a return to the kind of armed harassment of the harvest that has been commonplace in El Salvador in past years...

Author: /time Magazine | Title: El Salvador Coffee Caper | 1/14/1985 | See Source »

...Twas the week before Christinas, and all through the House, not a motion was stirring ... But that did not stop Speaker Tip O'Neill, 72, from mounting the podium. The venerable Democrat journeyed to his home state last week to narrate A Visit from St. Nicholas with the Boston Pops. Although O'Neill had rehearsed with the orchestra only once, neither he nor Conductor John Williams missed a beat, even when the audience interrupted the narrative with laughter and applause whenever O'Neill's eyebrows started moving con brio. Afterward the Speaker confessed that...

Author: /time Magazine | Title: People: Dec. 31, 1984 | 12/31/1984 | See Source »

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