Word: 50th
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...effort to achieve equality with the Executive Branch has developed into one of the nation's most significant political questions. Last week members of Congress assembled to debate the question themselves at the Smithsonian Institution's National Portrait Gallery. Their host was Time Inc. which celebrated the 50th anniversary of TIME The Weekly Newsmagazine with a dinner honoring Congress and a symposium on "The Role of Congress." Similar regional discussions had been sponsored earlier in Atlanta, Boston, Chicago and Los Angeles, bringing together Senate leaders and congressional scholars (TIME cover...
...cent of the profits are distributed as dividends each year, and the other 50 per cent is reinvested in the firm, with all undistributed profits under the proposed plan being invested abroad. A comparison of assets, profits, and dividends at the end of the first, tenth, 30th and 50th years is as follows: I At the end of the first Year As Presently Employed Under Prepared Plan A. Profits $9,500,000 $10,250,000 (plus 8%) b. Dividends $4,750,000 $5,125,000(plus 8%) II At the end of the tenth year A. Total assets...
...after a colorful and historic career. Since then we have published some 150 cover stories and many other major articles on Capitol Hill and its leaders. This week Uncle Joe reappears on our cover, framed by the pictures of 20 contemporary lawmakers (see page 18), both to mark our 50th anniversary and point up the contrast between congressional power then...
bombing. The North Vietnamese have been urged by both the Soviet Union and China to try to reach a quick accord. Hanoi could hardly have been encouraged by Soviet Party Chief Leonid Brezhnev's mild references to the bombing in his recent speech at the 50th anniversary of the U.S.S.R.-or by the fact that he sent his son and daughter to meet Tricia and Edward Cox at a U.S. Embassy reception in Moscow last week. The message was clear: Hanoi's sponsors want a settlement...
TIME is devoting much of the observance of its 50th anniversary to a study of Congress and its decline. Already TIME has held four regional meetings at which scholars, members of Congress and civic leaders discussed the problem and possible remedies. What is really at stake, explained Editor-in-Chief Hedley Donovan, is "whether a democratic society puts some value on collective wisdom as opposed to centralized individual wisdom, and whether the Congress can make a more constructive contribution to public policy...