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...career had followed a somewhat familiar path. Born in South Carolina, educated at Columbia University, Keyserling went to Harvard Law School. From there he entered the murky Washington labyrinth by way of Henry Wallace's AAA. He helped frame the Wagner Act. He worked his way onward & upward through the Housing agencies. He mastered the gobbledygook of economic language and the fast footwork needed for intramural debate. He learned to jump out from behind corners, making Keynesian faces at businessmen. In 1946, with a boost from Harry Truman, he landed on the newly constituted...

Author: /time Magazine | Title: THE ADMINISTRATION: The Hobgoblin | 5/22/1950 | See Source »

...Germany's Dr. Herman Moedder of Cologne's St. Francis Hospital found by a series of experimental "crucifixions," with eight volunteers, that a person bound to a cross by his hands must periodically writhe upward on the crossbar in order to breathe. The shroud's pattern shows trickles of blood from the wrists at angles of both 65 and go degrees - a fact which could be explained by such writhing, but which a forger would be unlikely to allow...

Author: /time Magazine | Title: Religion: The Mystery of the Cloth | 5/15/1950 | See Source »

...reports that television's expected summer slump had already started. Although manufacturers promptly announced that they were actually increasing production, leading television shares slumped from two to four points in one day. Yet the market as a whole hardly even quivered and the next day it bounced upward again...

Author: /time Magazine | Title: WALL STREET: Still Higher | 5/15/1950 | See Source »

...sudden scramble for materials had once again brought a few familiar whiffs of inflation: steel scrap jumped as much as $1 a ton last week, and the prices of copper, zinc and lead had all bounced higher. Prices of building materials also had moved steadily upward with the upsurge in building. Even Leon Keyserling, acting chairman of the President's Council of Economic Advisers, who had been gloomy about industry's capacity to keep expanding and make more jobs, said: "I am enormously encouraged...

Author: /time Magazine | Title: THE ECONOMY: 1 | 5/8/1950 | See Source »

...when he is down. It is highly dubious that many of the 105 would have remained in Cambridge if there had been no crew practice; and at home they would have been eating three delicious free meals a day. Instead we have the picture of 105 souls rowing upward of fifteen miles a day on the Charles River and then trekking up to the Union to buy dinner, and not a very tasty dinner at that. But evidently the HAA feels that rowing on the Charles in the rain and cold is a privilege which should be worth a minimum...

Author: NO WRITER ATTRIBUTED | Title: Pay As You Row | 4/12/1950 | See Source »

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