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...mile, two-year Bicentennial tour of the U.S. It was the American Freedom Train, a private, nonprofit project financed through $5 million in gifts from five U.S. corporations and billed as "a birthday gift to the American people." The train carried a somewhat indiscriminate array of American artifacts: George Washington's copy of the Constitution, the agreement for the Louisiana Purchase, Will Rogers' lariat, Judy Garland's dress from the Wizard of Oz and Kareem Abdul-Jabbar's size 16 basketball shoes...

Author: /time Magazine | Title: AMERICAN NOTES: Whither the Freedom Train? | 7/28/1975 | See Source »

...called either welfare capitalism or free enterprise socialism. For example, about 90% of Swedish production is carried on by private corporations, a proportion as high as in the U.S. But profits and incomes are taxed at rates of up to 80% to support the capitalist world's widest array of social services. Wages are set by a "national bargain" reached through negotiations between employer associations and unions and ratified by the government...

Author: /time Magazine | Title: Business: The Many Coats of Capitalism | 7/14/1975 | See Source »

...collection is literally dreamed up by a young scholar vacationing in California. One night Anthony Maloney falls asleep in an obscure motel, imagining a priceless array of artifacts. In the morning, a flea market of Victoriana awaits him in a parking lot below. Each objet d'art has been produced by his richly informed subconscious. Naturally there are the classic ottomans and clawfoot sofas, the glut of silver tea sets and bridal breakfast services. But there are also treasures from the velvet underground: choice items of bondage, plush Sadean literature, punishment costumes featuring removable posterior panels...

Author: /time Magazine | Title: Books: Legpull | 7/14/1975 | See Source »

...findings have tended to show what does not work. Squad-car cruising, for example, was long thought critical to crime control; then a 1974 study in Kansas City, Mo., showed little crime variation no matter how few or many cruisers were patrolling test areas. Looking at the vast array of police experimentation, the L.E.A.A.'S Caplan says, "There have been no breakthroughs, and none are on the horizon...

Author: /time Magazine | Title: The Nation: THE CRIME WAVE | 6/30/1975 | See Source »

...buyer still faces a bewildering array: fees paid to a lender for processing the mortgage (usually 1% of the note); fees paid to the lender's lawyer for inspecting the title (about $125); fees paid to the buyer's lawyer for doing the same thing and generally making sure everything is according to Hoyle ($150 to $650); and title insurance (about $200), in case title proves faulty despite all the money paid to lawyers to make sure it is not. The seller's big expense is the real estate broker's commission. All together, the Senate...

Author: /time Magazine | Title: REAL ESTATE: Exposing Closing Costs | 6/23/1975 | See Source »

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