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While housewives around the country begged food on credit and businessmen started bartering goods or issuing private scrip, Roosevelt's financial experts worked late into the night to patch together a rescue bill. That bill effectively took the U.S. off the gold standard and thus promised easier money in days to come; it also authorized the Treasury to inspect all closed banks and gradually reopen them with various guarantees of solvency. The only copy of the bill was rushed to the House as soon as it reconvened at noon Thursday, and after half an hour of debate, there came...

Author: /time Magazine | Title: F.D.R.'s Disputed Legacy | 2/1/1982 | See Source »

Behind the wat is a shack where the coffins are kept before cremation; and behind that, near a patch of sweet potatoes, the crematorium sits in a clearing under a shed, like a doll's chapel. There is no activity there today. But the wat itself is busy with a festival marking the last day of the Buddhist Lent. A monk in yellow sits cross-legged on a table, while children crouched in a circle burn incense. The smoke is supposed to fly to heaven in order to beckon their ancestors to descend and join them...

Author: /time Magazine | Title: Embracing the Executioner | 1/11/1982 | See Source »

Debutante parties may have lost some of their luster along Philadelphia's Main Line and Boston's North Shore, but in Dallas they are still the measure of a woman with social ambitions. Someone's daddy could have made half a billion in the oil patch, but if the breeding isn't right, his baby won't be a Dallas deb. "You have no idea what a great honor it is to be a debutante in Dallas," says Mimi's grandmother, Florra Anderson. Mimi is one of only nine debutantes in Dallas this year...

Author: /time Magazine | Title: In Dallas: Mimi Makes Her Debut | 12/21/1981 | See Source »

While Crimson trainer Pete Provinzano worked feverishly to patch up the bulky forward, Fleming went to work and scored four quick points on a jumper and a tough lay-up. Harvard point guard Calvin Dixon (no relation to Robin), who orchestrated the last-second heroics, put the game away with two free throws, and UNH failed to score in the final four seconds...

Author: By Paul M. Barrett, | Title: Hoopsters Top UNH, 77-73; Carrabino, Fleming Sparkle | 12/16/1981 | See Source »

Around Matewan, W. Va. (pop. 803), probably one-tenth of the inhabitants are Hatfield kin. Clarence ("Dutch") Hatfield, 69, Ellison's grandson, lives up the hollow from Matewan. A short walk away his great-grandfather Ephraim, the family progenitor, is buried in what used to be a potato patch, and a little way beyond is Dutch's birthplace. Says...

Author: /time Magazine | Title: Appalachia: Hatfields and McCoys | 12/14/1981 | See Source »

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