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...prizefight. Hankering to be a world capital for a day, Shelby constructed a 40,000-seat arena for a Dempsey-Tommy Gibbons fight, only to have trouble raising the $300,000 guarantee required by Dempsey's rascally manager Jack ("Doc") Kearns. ("Give Doc 1,000 Ibs. of steel wool," it was said, "and he'll knit you a stove.") Barely 7,000 people paid to see the fight: the rest crashed the fences. Two banks failed. The town virtually bankrupted itself. And Dempsey beat Gibbons, who was not paid...

Author: /time Magazine | Title: Memories of a Heavyweight | 6/13/1983 | See Source »

...sold the presidential yacht, curtailed White House magazine subscriptions, and took away the limousines and office television sets of aides. But now that he is back in private life, Carter seems to have acquired a taste for the finer things. He asked the Government to buy a $15,000 wool carpet and two chandeliers costing $3,500 for his federally funded office in Atlanta. Even the General Services Administration, not known for its thrift in dealing with ex-Chief Executives, balked. So Carter managed to buy the rug below list price for $12,600, and is making do with chandeliers...

Author: /time Magazine | Title: Paying for National Pyramids | 5/16/1983 | See Source »

...shows they do not like watching anyway. The brave new world of convenience offered by electronic newspapers, home banking and shopping via TV does not thrill them: it seems that people want to balance their checkbooks with pencils and finger the dresses to see if they really are all wool. This, says the study, is an example of the so-called high-tech/high-touch phenomenon, which means that as technology gets more sophisticated, people seek a counterbalance in human contact...

Author: /time Magazine | Title: Video: Bad News for Broadcasters | 4/25/1983 | See Source »

...spot over an underwater ledge that Brown and Sprague located the day before. But getting down to the oysters and getting them back to the surface are a bit more complicated. With Frisky fast to a buoy, Brown, already bundled against the chill in a sweater, a wool shirt and a quilted vest, suits up for work in rubber boots and oilskins. Sprague strips to his underwear, then wriggles into a bright red neoprene wet suit...

Author: /time Magazine | Title: In Maryland: Going Deep for Oysters | 3/28/1983 | See Source »

...vowed to "beat the living daylights out of the Government," savored the moment. "I think I'm going to be a much better judge than I've ever been," he said. "I don't think the Justice Department will ever be able to pull the wool over my eyes...

Author: /time Magazine | Title: Law: Two and Two Equal Not Guilty | 2/14/1983 | See Source »

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