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This a bit of self-diagnosis after a fullface look in the mirror on this, our 40th birthday. The first issue of TIME appeared exactly 40 years ago this week-March 3, 1923. It was, if we may be permitted a bit of fond reminiscence, an entirely new, stylish, venturesome, 30-page publication, all black and white and full of beans. It went to 12.000 charter subscribers, including some names that are printed rather large in history: Thomas A. Edison, Henry Ford, William Howard Taft, William Allen White, Booth Tarkington, Franklin Delano Roosevelt. Some who were on the original list...
...handy man with words, Lewis called the 24th Ward "a socio-economic garbage heap." He was fond of pointing out that "there are 75.000 people squeezed into my ward, more than Joliet or Waukegan, and almost as many as Springfield, Ill. We have the highest percentage of high-school dropouts and the highest percentage of people on relief. We have the highest rate of unemployment, the highest rate of juvenile delinquency and a very high rate of apathy and disillusionment." Lewis even moved actively against the miseries of overpopulation. During his last campaign he had his precinct workers distribute "little...
...learn the technical secrets the British had refused to share. Calcutta's Marwaris moved from the shop-crowded Burrabazar to the financial district's Clive Street, where they set up curb markets and soon moved onto the exchange. Marwaris are India's best bookmakers, so fond of betting that they will wager on the sex of an unborn child or the number of pips in a tangerine flake...
Crossroads of Power, by Sir Lewis Namier. The late great British historian, who loved tradition and loathed ideology, expounds his philosophy of history in these fond essays on 18th century English politics and people written over the course of a lifetime...
...enthusiasm was based on more than fond hopes. January's auto sales totaled 543,601, a 12% increase over January 1962, and a record for any January. The biggest sales rise was made by Chrysler, which is recuperating vigorously under the cost-cutting, fat-trimming prescription of President Lynn Townsend. Chrysler took 11.8% of the market in January, almost 2% better than its showing last year. General Motors, as usual, had the biggest share (55.6%), and its Chevrolet, Pontiac and Cadillac divisions all made records...