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...example, examines the long railroad featherbedding fight as it reached beyond its last mile. But much of the other big news these days deserves to be judged by some other standard than its gloom content. Will there be a nuclear test ban? How will the Sino-Soviet split affect the U.S.? These questions-like those about civil rights or the balance of payments-have their worrisome edges, but they also involve men earnestly trying to cope with unnerving problems, and sometimes scoring a success or two. As all of this suggests, it may not be the moment to whistle Happy...

Author: /time Magazine | Title: A Letter From The Publisher: Jul. 26, 1963 | 7/26/1963 | See Source »

...second look at the nation's 14 stock exchanges concentrates on the role of a largely anonymous but highly influential army of "inside" professionals. The 65 reforms proposed in the SEC report center on five types of these market insiders, whose functions affect all investors but are rarely understood by the public. The five...

Author: /time Magazine | Title: U.S. Business: FIVE KINDS OF INSIDERS | 7/26/1963 | See Source »

...dollar. "The U.S. payments-balance deficit could not, in fact, be allowed to go on any longer," said French Finance Minister Giscard d'Estaing. Added Dr. Otmar Emminger, chief of the German Federal Bank: "The U.S. has taken ingenious measures that avoid direct exchange controls and do not affect its domestic economy...

Author: /time Magazine | Title: Money: Waging the Gold War | 7/26/1963 | See Source »

...printing schedules, the editorial went to press before the second interview, While the now arguments do not affect the substance of the Summer News' editorial position, they will be explored in a second editorial Tuesday...

Author: NO WRITER ATTRIBUTED | Title: To Our Readers | 7/26/1963 | See Source »

...NEUROTIC. Some modern atheists are unquestionably neurotics - typically, the young idealist whose religious fervor turns into bitter anticlericalism after an unhappy experience in a seminary. Lepp has found that psychology can help cure such atheists of their emotional hostility toward religion, but will not affect their unbelief. "It is not in the psychologist's power either to give or to destroy faith," he warns. "This belongs to a metapsychical domain which the theologians call grace." Atheists by and large, he says, are not particularly neurotic...

Author: /time Magazine | Title: Atheism: The Varieties of Non-Religious Experience | 7/19/1963 | See Source »

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