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...practice of their craft, journalists are frequently blessed by luck. It may take the form of a tip on a good story, a chance meeting with someone who turns out to be a Deep Throat, or simply happening to be on the scene when a big news event breaks. But, judging from the experiences of the staffers who worked on this week's cover story, journalists are no luckier when they gamble than anyone else. For example, before New York Correspondent John Tompkins began interviewing lottery directors, betting officials and sources on organized crime, he invested...

Author: /time Magazine | Title: A Letter From The Publisher, Dec. 6, 1976 | 12/6/1976 | See Source »

...Editor Ted Bolwell also brought some horse sense to the editing of the story. "When I bought a share in a horse," he recalls, "I thought I would have the inside dope. The dope turned out to be the horse-or me." Still, when Bolwell received a long-distance tip on a horse last week, he could not resist wagering a modest sum. The horse finished dead last...

Author: /time Magazine | Title: A Letter From The Publisher, Dec. 6, 1976 | 12/6/1976 | See Source »

...scramble for power begins next week when the 292-member House Democratic caucus meets to choose by secret ballot a new Speaker and majority leader. The current majority leader, Thomas ("Tip") O'Neill, 63, a big, tough-minded Boston liberal who is committed to Carter, is unopposed in his bid to succeed retiring Speaker Carl Albert of Oklahoma. By contrast, four candidates are in the race for the majority leader's position that O'Neill will be vacating...

Author: /time Magazine | Title: CONGRESS: Scramble for Power on Capitol Hill | 12/6/1976 | See Source »

...played a key role in early 1975 in thwarting a move to oust Wayne Hays from his chairmanship of the House Administration Committee. When Hays was forced to resign after the disclosure that he kept bosomy Elizabeth Ray on the Government payroll. Burton lost some support. Though Burton insists, "Tip and I will work very well together," the two men are often at odds; twice, Burton has challenged O'Neill to a fist fight...

Author: /time Magazine | Title: CONGRESS: Scramble for Power on Capitol Hill | 12/6/1976 | See Source »

...official visits to Seoul. The South Koreans in Washington, particularly Park, are not only generous with their money, but with entertainment. Many a congressman and senator has enjoyed evenings of fun and frolic at Park's famous Washington events. The Georgetown Club, a private social organization including officials like Tip O'Neill and Gerald Ford in its non-paying membership, is owned by Mr. Park...

Author: By Parker C. Folse, | Title: The South Korean Connection | 11/29/1976 | See Source »

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