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Midwestern farmers ordinarily welcome summer rains because they hasten the ripening of lucrative crops. This season's rainfall has been unusually heavy, accompanied by high humidity and winds from the hurricane-laden skies of the South. Last week farmers discovered to their dismay that the combination threatened calamity to the cornbelt states of Illinois, Indiana and Iowa, endangering the nation's biggest cash crop...

Author: /time Magazine | Title: Agriculture: Blighted Corn | 8/31/1970 | See Source »

...doubt such incidents are relatively rare in the current climate of adult dismay over youth's excesses and eccentricities. And yet fathers who have been influenced by their children?and have influenced them?can be found at almost every level of U.S. life. At times this may suggest confusion on the part of parents who are, above all else, eager to keep their families together. More often, perhaps, it suggests the kind of strength that is required to change one's mind. Some examples...

Author: /time Magazine | Title: Education: When the Young Teach and the Old Learn | 8/17/1970 | See Source »

...activist wife Janet, a New Englander who serves on the Texas Civil Rights Commission, have gone on to espouse locally unpopular causes like pollution control for oil companies. "That paper is the Pravda of South Texas," snorts one conservative lawyer. Harte has even recovered from his initial dismay at discovering that Chris played a major role in persuading Stanford to create a coed dormitory. "The kids were more orderly and serious about their studies, so I've changed my mind." Even so, Harte is still cool about some of Chris's other passions, such as the film Easy Rider...

Author: /time Magazine | Title: Education: When the Young Teach and the Old Learn | 8/17/1970 | See Source »

PRESIDENT Nixon's decision to invade Cambodia caused an extraordinary upwelling of dissent within the U.S.-a surge of dismay and protest that Nixon himself did not fully anticipate. Campuses responded with all forms of protest, including mass strikes and a quickly organized march on Washington after four students were killed during a demonstration at Kent State University in Ohio. In that tragic week, the President acknowledged that he needed direct lines of communication with the nation's campuses. He soon enlisted two highly regarded university administrators, Chancellor Alexander Heard of Vanderbilt and President James Cheek of largely...

Author: /time Magazine | Title: Nation: The President Is Listening | 8/3/1970 | See Source »

Costs of Goodwill. To the dismay of many acquisition-minded corporations, the accountants also tightened the conditions under which pooling may be used at all. From now on, companies may pool their assets only if the common shareholders of the smaller firm in a merger get at least a 10% holding in the merged company. Nor will merging firms be permitted to pool if the combination involves confusing packages of securities like convertible preferred stocks or warrants...

Author: /time Magazine | Title: Accounting: New Trouble for Mergers | 7/13/1970 | See Source »

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