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...heart of the Southwest project is a complex of glass-and-stone apartments, a new shopping center, 81 trim town houses, and a new theater for the city's Arena Stage Players. Along Tenth Street, which will be widened, Manhattan's William Zeckendorf is putting up a 1,000-room hotel, three big office buildings and dozens of shops, all surrounding a plaza to be named after City Planner L'Enfant...

Author: /time Magazine | Title: The Capital: Washington Reborn | 11/17/1961 | See Source »

...celebrate the 44th anniversary of the Bolshevik Revolution. Only a few days after the panoply of the Party Congress, thousands of civilian demonstrators gathered in their assigned staging areas, huddling beneath banners, signs and floats. As crowds filled the bleacher seats on both sides of Red Square, the trim battalions of the Moscow garrison drew up across from the Mausoleum now solely occupied by Lenin...

Author: /time Magazine | Title: World: Throwing Mud | 11/17/1961 | See Source »

...economy. Last week, in preparing the national budget-one of the biggest single factors in shaping the economy-President Kennedy made it clear that the Administration is concerned about the state of the economy and the heavy load it must bear to keep the U.S. in fighting trim. For the New Frontier, Kennedy decreed a new fiscal policy: frugality...

Author: /time Magazine | Title: The Economy: New Frontier's New Frugality | 11/3/1961 | See Source »

Sister, help to trim the sails...

Author: /time Magazine | Title: Tin Pan Alley: Reality in Academia | 10/6/1961 | See Source »

Money in Mufti. With smart bidding and shrewd economy, Avco's pretax profit margin has more than doubled since 1957. from 3.4% to 7.6%. "But you can trim costs just so far," admits Wilson. For the future, Avco intends to boost earnings by swinging into more profitable civilian goods, altering its defense-to-civilian sales ratio from the present 60-40 to 50-50. To help achieve this target, it is banking on a rise in industrial use of such products as its turbine engines and heat-shielding devices. "In our forecasts for coming years," says Wilson, "profit increases...

Author: /time Magazine | Title: Corporations: Closing the Profit Gap | 10/6/1961 | See Source »

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