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Momentous as these decisions were, they were announced with little ah" of drama. On Wednesday, when the final three decisions came down, some two dozen reporters jammed the basement pressroom of the Supreme Court building and grabbed for copies, prompting a court employee to snap: "Behave!" But upstairs in the ornate red-draped courtroom, the tourists who occupied most of the seats had little idea what was going on. The black-robed Justices referred to the cases by their uninformative docket names (the quotas case, for example, was identified as Fullilove vs. Klutznick), and Chief Justice Warren Burger announced...

Author: /time Magazine | Title: Nation: Four Big Decisions | 7/14/1980 | See Source »

...newspaper industry's long, wrenching and inevitable shift from benign, family-dominated management to the more bloodless, efficient and profit-minded imperatives that other industries adopted decades ago. The pressmen, meanwhile, will continue to resist?and grow old. The News's Frank Boylan endured the rigors of the pressroom for 13 years before making the rank of journeyman. By the time his two sons entered the trade a few years back, there were so many pressmen and so few jobs that it would have taken two decades to make journeyman. "There was very little future for them with...

Author: /time Magazine | Title: The Press: Filling the Inkless Void | 9/4/1978 | See Source »

...intended to demand major changes in work rules. The papers hope to reduce through attrition the swollen crews and institute "room manning," a system that would employ only enough workers to run the presses efficiently. The goal is to bring the ratio of men to machines in the pressroom down to that of many newspapers across the country. The union argues that innovations at the papers have created a need for more-not fewer-pressmen, and that management's proposal would eventually cost up to 50% of the membership their jobs-a figure the publishers do not dispute...

Author: /time Magazine | Title: Press: No Papers for New York | 8/21/1978 | See Source »

Burns, however, may have come on unnecessarily strong; the Administration started the squabble by ineptness rather than intention. In order to reply more fully to a reporter's routine question about monetary policy, a White House aide tacked up in the pressroom excerpts from an Oct. 4 speech by Charles Schultze, chairman of the Council of Economic Advisers. In the talk, Schultze deplored high interest rates and argued that a rapid expansion of the money supply would be inflationary only if the economy were more vigorous than it is. Reporters understandably Interpreted the notice as a special White House statement...

Author: /time Magazine | Title: Business: The Burns-Carter Not-Quite Fight | 11/7/1977 | See Source »

...Reserve officials, on their part, stressed that an increase last week in the discount rate?the interest rate on federal loans to banks?from 5%% to 6%, was not intended to defy the White House. The increase had been decided on before the Schultze statement was posted on the pressroom wall; it was only half as large as Wall Street had expected, and it only brings the discount rate closer to other interest rates that the board had pushed up earlier. Federal Reserve Governor Henry Wallich told TIME, "Quite honestly, this talk of a dispute has been greatly overdone. Believe...

Author: /time Magazine | Title: Business: The Burns-Carter Not-Quite Fight | 11/7/1977 | See Source »

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