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...major impetus. Commune-style jackets imported from the People's Republic caught the fancy of the young in Paris two years ago as an alternative to the standard jeans and T shirts. "For the past ten years in the West, the fashion emphasis has been on 'the uniform,'' says American Designer Mary McFadden. "We had to have some resurrection of beautiful fabric and fantasy, and when you go to fantasy you must go ethnic...

Author: /time Magazine | Title: Modern Living: The Chinese Look: Mao a la Mode | 7/21/1975 | See Source »

Saved Car. Though Congress has the constitutional authority to establish uniform laws on bankruptcies, the states are permitted to exempt certain holdings from being seized and sold to satisfy creditors. California is one of the most liberal; it allows debtors to keep up to $20,000 equity in a house, $500 in a car, most household goods, tools of trade, $1,000 in a savings and loan association account and $1,500 in a credit union account. Moreover, under a ruling won by Slate a decade ago, Californians may convert any funds or assets into exempt categories before filing...

Author: /time Magazine | Title: The Law: King of Bankruptcy | 7/14/1975 | See Source »

...Smith's view, the great motivator of economic activity is "the uniform, constant, and uninterrupted effort of every man to better his condition"?or, bluntly, self-interest. Only this drive moves men to produce the goods that society needs. As he put it: "It is not from the benevolence of the butcher, the brewer, or the baker, that we expect our dinner, but from their regard to their own interest." (Smith, observed English Economist Walter Bagehot in 1888, "thought that there was a Scotchman inside every...

Author: /time Magazine | Title: Can Capitalism Survive? | 7/14/1975 | See Source »

...generals and admirals - 17% of the Pentagon's total - will have retired this year, along with 2,300 colonels and Navy captains. The vast majority of those stepping down do so voluntarily. Reason: at those ranks an officer may have a larger U.S. income in mufti than in uniform...

Author: /time Magazine | Title: The Nation: The Pension Parade | 7/7/1975 | See Source »

...centimes playing the accordion, while his pet monkey collected coins in a tin cup. Now you will recall from The Pink Panther and A Shot in the Dark that Clouseau has an immaculate and quite literal respect for the law. This is, in fact, why he is in uniform, on foot patrol, instead of dashing about in plain clothes and solving glamorous crimes. His strict adherence to the book, as well as an unshakable simple-mindedness and a fateful penchant for instigating catastrophe, has kept Clouseau from achieving his full status as a crime fighter. Give...

Author: /time Magazine | Title: Cinema: Minkey Business | 7/7/1975 | See Source »

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