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...That landmark ruling extended to a juvenile offender many rights that an adult can take for granted: the right to prompt notice of the charges against him, the right to consult a lawyer, to avoid self-incrimination and to cross-examine hostile witnesses. But though it was a breakthrough, the Gault ruling hardly signaled full legal status for children. "Children are the last 'niggers' of our society," says Larry Brown, director of the Boston Task Force on Children Out of School. But Gault at least got something started. As Brown observes: "We're on the verge...

Author: /time Magazine | Title: The Law: Children's Rights: The Latest Crusade | 12/25/1972 | See Source »

...important check on the big banks' expansion policies could come in the next few weeks, when the Supreme Court is due to rule on a landmark case involving an offer by the First National Bancorporation Inc. of Denver to buy the First National Bank of Greeley, Colo. The Justice Department is opposing the purchase. It argues that by buying an existing bank instead of starting one, the holding company offers customers no new choice and could eliminate "potential competition" at some later date. The lower courts have ruled that present antitrust legislation covers only actual competition, and found against...

Author: /time Magazine | Title: BANKING: The Battle of Big and Little | 12/18/1972 | See Source »

...Landmark. The battle of the banks is causing headaches in Washington. Bennett Gellman, staff member of the House Banking and Currency Committee, explains: "There's no 'right' answer. The best policy is to lean toward independent units because they offer more competition. But you need some of the big banks down there, too, as a spur." Says an official of the Federal Reserve: "This problem of big banks and small banks is one we debate day by day in board meetings...

Author: /time Magazine | Title: BANKING: The Battle of Big and Little | 12/18/1972 | See Source »

Delight, anger, confusion and skepticism are only some of the reactions of local politicians to the Government's landmark program to kick back to states and municipalities a portion of the tax money that it collects. The first Treasury checks, retroactive to January, will go in the mail next month, in time to arrive for Christmas. Already, from the grandest statehouse to the meanest village hall, officeholders are planning, wrangling and pontificating on how best to use the windfall...

Author: /time Magazine | Title: SPENDING: Here Comes the Bonanza | 11/13/1972 | See Source »

...McCullough suggests, we didn't even feel this way about the moon landing. The twentieth century has robbed us of our "wildest enthusiasm" as well as our innocence. We still have the bridge--it became a National Historic Landmark in 1964--and it carries 121,000 trucks and automobiles a day. The bridge is still beautiful. But it is no longer the beauty of a glorious future; it has become the beauty of a glorious past...

Author: By Seth M. Kupferberg, | Title: Cheap at Twice the Price | 11/10/1972 | See Source »

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