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...estate could not pay. Edward M. Kennedy has raised money to repay these debts, and other members of the family have made contributions. A close friend of Ethel's, recalling the "extravagance of the ebullient life" that she, Bob and the children enjoyed, hints that income and outgo run a neck-and-neck race in her household as in the ordinary American...

Author: /time Magazine | Title: Nation: Where the Kennedy Money Is | 11/28/1969 | See Source »

...nothing to crow about for a long time. Last week Chancellor of the Exchequer Roy Jenkins gave him something. Reporting on the balance of payments for the first half of the year, he announced that for the first time since 1962 Britain's income had exceeded the outgo. Said Jenkins, who scarcely seemed able to believe it himself: "We have been paying...

Author: /time Magazine | Title: Britain: Labor v. Labor | 9/19/1969 | See Source »

While all too many Nassau-based firms consist chiefly of a brass plate on a lawyer's door and someone to answer the mail, GRAMCO's 100 Nassau staffers fill three floors in two office buildings. To make sure that every penny of income and outgo is handled meticulously, GRAMCO has turned the routine operation of the fund over to the prestigious Trust Corp. of the Bahamas, which is jointly owned by such institutions as Manhattan's Morgan Guaranty Trust Co., the Royal Bank of Canada and London's Westminster Bank...

Author: /time Magazine | Title: Investment: Pierre as Financier | 9/13/1968 | See Source »

Most state laws are even sillier. Only ten states, notably Oregon, require anything resembling adequate income-outgo reports from both candidates and committees before and after primaries as well as general elections. Seven states totally ignore the subject; loopholes riddle laws in the other 33. Maryland limits spending but exempts postage, telegrams, telephoning, stationery, printing, advertising, radio and television programs, publishing, expressage, travel and board, if paid by the candidate...

Author: /time Magazine | Title: Essay: NOW IS THE FOR ALL GOOD MEN . . . | 1/5/1968 | See Source »

Everyone has heard about balance-of-payments deficits - the amount by which a country's outgo exceeds its in come in foreign trade and international finance. Rarely mentioned is the pleasanter side: balance-of-payments surpluses. Yet they exist, cropping up in highly unexpected places, sometimes for unique reasons. The Irish Republic last year enjoyed its first surplus - about $6,000,000- since 1961, thanks greatly to rising exports of textiles, food, refined petroleum and metal ores. Impoverished Tanzania achieved a $28 million payments surplus in 1966, despite its per capita annual income of about $65, because administrative bottlenecks...

Author: /time Magazine | Title: Trade: Where the Surpluses Are | 1/5/1968 | See Source »

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