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...governmental departments and agencies with their divergent interests. But if each staff member reported only to the President, the result would be merely the added complication of warring liaison men. In today's White House organization, the best roads to the President lead through Sherman Adams (see chart). The Limited Power. Adams has immense power, to the extent that New York Timesman James Reston, studying the state of the nation during the period of the President's recuperation, recently wrote: "There is a growing feeling here that Mr. Adams is now exercising more power than...

Author: /time Magazine | Title: THE ADMINISTRATION: O.K., S.A. | 1/9/1956 | See Source »

Lawrence Played Ball. Armed with her innumerable check lists, the modern teacher begins reading instruction not so much with books and pencils as with salamanders, household pets, trips to the zoo and the park. Chicago schools, for instance, have "storytelling" and "tell-and-do" times. Many cities use "experience charts." One San Francisco first grade has a pupilrun "newspaper" which features such headlines as YESTERDAY LAWRENCE PLAYED BALL. The whole idea is to give the children a common experience and then let them dictate a story about it to the teacher. The story appears in the newspaper...

Author: /time Magazine | Title: Education: THE FIRST R | 1/9/1956 | See Source »

...mere spear-carrying extras; they include some of the key men in Government. Staff channels are not so rigid as to prevent any staffer from going straight to the President. Some, by the nature of their duties, have greater need than others for direct access (see dotted lines on chart). But it is the foolish staff member, or, indeed, the Cabinet officer, who fails to keep Adams fully informed about discussions with President Eisenhower...

Author: /time Magazine | Title: National Affairs: White House Office | 1/9/1956 | See Source »

...when the World War II bull market ended. However, there is little doubt that some stocks are too high in relation to earnings and dividends. Stock-bond yields i.e., the rate of dividends on a stock v. the interest rate on a bond, have been narrowing steadily (see chart), are now only 1% apart. Thus, in a high market with lower stock yields, investors have normally tended to shift away from stocks, buy bonds for added security, and thus start the market down. In the current market, some 100 of the 958 dividend-paying stocks on the Big Board...

Author: /time Magazine | Title: WALL STREET: Every Man a Capitalist | 11/21/1955 | See Source »

...pigeon's brain, it went on billing and cooing and laying eggs just the same. Phrenology offered an easy clue to the enigma of human life. In the U.S., furthermore, phrenology took on a democratic tinge. Everyone had a head, and everyone with the aid of a little chart could understand what was going on in it. It was optimistic-the "good" organs, by exercise, would increase in size. Two men with heads as massive as Beethoven's took the whole thing over. They were Lorenzo N. ("salesman extraordinary") and Orson S. ("impresario and high priest") Fowler...

Author: /time Magazine | Title: Books: The Couch & the Calipers | 10/31/1955 | See Source »

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