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...easing up on income requirements, Mason gave a bright green light to builders to pack more quality into houses. The new directive specifically instructs FHA local offices that "no otherwise acceptable" credit application for a house costing more than $12,000 is to be turned down because the builder spent "a few hundred dollars" putting in better wiring, insulation or wide roof overhangs. Such quality items, said Mason, actually cut down on house maintenance costs. Likewise, complete kitchens were okayed for houses over $12,000. Where builders in the past had to leave out appliances because they ran the initial...

Author: /time Magazine | Title: HOUSING: Toward Better Houses | 1/13/1958 | See Source »

TIME was when a new rug on the floor or a bigger office was the infallible sign of a rising executive. Today the management comer is more apt to find himself sent back to school with a pack of pencils and instructions to sharpen his potential. The new corporate fad-or what one executive calls "a fever sweeping industry"-was started to combat the shortage of executives by trying to force-feed talent in the classroom instead of waiting for it to grow naturally in the office. In 1957 alone, industry sent an estimated 300,000 executives back to school...

Author: /time Magazine | Title: SCHOOLS FOR EXECUTIVES: How Helpful Is Industry's New Fad? | 1/6/1958 | See Source »

...Malley now owns, is too small for big-league crowds, and Walter has been buttering up the city fathers of Pasadena, trying to rent their Rose Bowl. If his gift of gab fails him, he will have to fall back on Los Angeles' Memorial Coliseum. Either stadium could pack in some of the biggest crowds on record (some 100,000 fans). With their brief foul lines (as short as 300 ft.) and distant stands, they can easily produce some of the most disappointing baseball...

Author: /time Magazine | Title: Sport: Talking Trouble | 12/23/1957 | See Source »

...from Charing Cross to Kent that evening ground to a stop just past St. John's station to wait its turn at Park's Bridge Junction, which Londoners call the "busiest strip of railway line in the world." The electric train's ten coaches were pack-jammed, with more than 1,000 passengers caught up in the confusion of the heaviest pea-souper in two years...

Author: /time Magazine | Title: GREAT BRITAIN: Death in the Fog | 12/16/1957 | See Source »

...Most of them, he grumbles, are content merely to display books, make no effort to sell them. While the big book clubs peddle and pass out books by the hundreds of thousands, bookstore owners lazily rake in 40% commissions on books that leave the counters under their own power, pack the rest back to the publishers. The result is that "much of the time our inventory is gone today and here tomorrow...

Author: /time Magazine | Title: Books: Peeved Look at Publishing | 12/16/1957 | See Source »

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