Word: ets
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...American monasticism's active involvement with the secular world spiritually wise? Because of the obvious benefits to the church as a whole, most abbots agree that it is; but they are aware of the need to keep St. Benedict's ora et labora (pray and work) in balance. "The great question in contemporary monasticism," says St. Anselm's Abbot Boultwood. "is precisely the seeking of this point of balance that unifies the contemplative and the active in monastic life. In reinforcing the element of contemplation . . . American monasticism may have a long way to travel...
...manhood, the first son of the region's richest tribesman. His father Joseph was a thriving merchant with a string of 16 village stores that eventually grew into a sawmill, a hotel, plantations, a fleet of trucks, and a proud title for his firm: "J. Kapenda Tshombe et Fils." Joseph Tshombe became, in fact, the first Congolese franc millionaire...
Like an eager candidate for membership in the Union League Club, the President ticked off the names of his chief aides who had come from the business community-Secretaries Hodges, Dillon, McNamara, et al. His speech was studded with assurances of his fond feelings toward private enterprise, and one promise drew a burst of applause: "This administration, therefore, during its term of office-and I repeat this and make it as a flat statement-has no intention of imposing exchange controls, devaluing the dollar, raising trade barriers or choking off our economic recovery...
...most formidable of the extremist groups is the John Birch Society (TIME, March 10. et seq.), founded three years ago by retired Massachusetts Candymaker (Welch's Fudge and Sugar Daddy) Robert Welch, 62. So suspicious that he often denounces shuffling or coughing in his audience as "a dirty Communist trick," Welch has a gift for such phrases as "Comsymp." which he uses as a label for many who disagree with him, and a talent for such slander as describing Dwight Eisenhower as "a conscious agent of the Communist conspiracy." His causes are many: they range from a campaign against...
...really knew just why the U.S. consumer has suddenly relaxed the stern budget watching that has been so severe a drag on the nation's economic recovery (TIME, July 21 et seq.). Scorning such psychological explanations as Christmas spirit or a diminishing fear of war, the economists could only note that more jobs, longer work weeks, and increased dividends for the nation's 15 million stockholders had lifted personal income by $4 billion in October to a record annual rate of $425 billion. Furthermore, though the cost of living has risen less than 1%, the average weekly take...