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...profits, representing the return a corporation gets on capital it invests in its business, are too low, a company is not likely to invest in the kind of ex pansion that produces more jobs. A declining return on invested capital (see chart) is one of the reasons some economists give for last year's lapse of the nation's economy into what they like to call "high-level stagnation." The question is: Just what is an adequate profit...

Author: /time Magazine | Title: Profits: How Much Is Enough? | 8/9/1963 | See Source »

...that Ware was still crazy drunk when he allegedly assaulted the Sheriff, but the doctor first said that Ware's condition might have been caused by the truama of being shot at least three times. Nervous and blinking rapidly, Williams was forced by the State to read from a chart stating Ware was drunk when admitted...

Author: NO WRITER ATTRIBUTED | Title: Report From Albany, Ga. | 8/9/1963 | See Source »

Some states have licensing requirements for boats, but none have licenses for their pilots, who are all too likely to turn the ignition key in their new power cruiser and gun away from the dock without even having a chart of the waters or the know-how to read it if they did. The Coast Guard crew at Stepping Stones Light Station off New York City, where Long Island Sound meets the East River, spends a large part of the summer frantically waving a towel to warn sloppy skippers off the nearby reef. The shoal is covered with only...

Author: /time Magazine | Title: Leisure: Perils of the Surface | 7/5/1963 | See Source »

Died. Field Marshal Alan Francis Brooke, 79, first Viscount Alanbrooke of Brookeborough and Chief of the British Imperial General Staff from 1941 to 1946, a brilliant staff officer little in the public eye while he was helping chart Allied strategy but later in full, controversial view when his wartime diaries became the basis for The Turn of the Tide and Triumph in the West, in which he attacked virtually every top American (Ike: "no real commander"; Patton: "A character") and grandly regarded himself as the real architect of victory; of a heart attack; in Hartley Wintney, Hampshire...

Author: /time Magazine | Title: Milestones: Jun. 28, 1963 | 6/28/1963 | See Source »

...follow the returns, the Agriculture Department set up a regular election-night headquarters, expected to chart the ebb and flow of the vote late into the night. But by 7 p.m., Room 6768 in the department's main Washington building was a glum place. Far from giving Freeman's plan the necessary two-thirds, farmers refused it even a simple majority. The final vote was 547,151 for, 597,776 against (see box on following page...

Author: /time Magazine | Title: Agriculture: The Wheat Vote | 5/31/1963 | See Source »

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