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Slighted. The McGovernites have been curiously inattentive to some of their wealthiest potential backers. In California, Millionaire Max Palevsky, who has contributed $350,000 for the McGovern campaign so far, felt slighted that he was not named finance chairman. Some, like San Francisco Realtor Walter Shorenstein and Los Angeles Realtor Harold Willens, are cautiously waiting to see how McGovern's campaign shapes up before they commit their funds. Says Shorenstein: "Our system requires a growth economy. You have to have free enterprise and competition and a good business atmosphere. If we are going to inhibit opportunity with heavy taxes...

Author: /time Magazine | Title: DEMOCRATS: Fitful Pause for McGovern | 7/31/1972 | See Source »

Died. S. (for Stephen) Howard Young, 94, one of the world's wealthiest art dealers; in Manhattan. Born in Belle Center, Ohio, Young began selling prints throughout the Midwest while still a teen-ager and in three years accumulated $400,000. Wiped out by the panic of 1896, he started again by commissioning portraits of recently deceased rich people, then selling the paintings to the bereaved families. Later he began collecting paintings for wealthy clients, and finally established a hugely successful gallery in New York. His greatest coup was the discovery at an auction of the lost El Greco...

Author: /time Magazine | Title: Milestones, Jul. 3, 1972 | 7/3/1972 | See Source »

...presently stands the Harvard budget is simply a convenient device for obscuring the finances of the University. Without convincing, publicly-presented evidence, the Union refuses to accept the claim that an institution whose assets amount to more than one billion dollars--making Harvard one of America's 500 wealthiest corporations--can overcome its 'financial crisis' only at the expense of its students. Working with the few available figures, the Financial Research Committee of the Union has established some interesting facts which highlight the one-sided picture that the administration has offered concerning Harvard's 'poverty...

Author: By Carole Adams and Steve Bornstein, S | Title: The Graduate Students' Case | 3/28/1972 | See Source »

...more disconcerting I am, the better I like it," Italian Publisher Giangiacomo Feltrinelli once told a friend -and he disconcerted almost everyone. Born into one of Milan's wealthiest families, he was an avowed Socialist at the age of 20 and two years later became a Communist. But Feltrinelli scored his only real success as a capitalist publisher. In 1957 he smuggled the manuscript of Doctor Zhivago out of Russia, and published it in defiance of intense Soviet and local party pressures. After the Zhivago furor, Feltrinelli drifted further leftward, becoming a financial angel of Italy's militant...

Author: /time Magazine | Title: ITALY: Disconcerting Failure | 3/27/1972 | See Source »

...only card-carrying feminist is N.O.W. Member Elizabeth Richards, 59. A Radcliffe graduate, the wife of a lawyer and a member of one of Red Oak's oldest, wealthiest families, she joined N.O.W. "as soon as they opened up their membership...

Author: /time Magazine | Title: The Nation: The New Feminism on Main Street | 3/20/1972 | See Source »

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