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...debts of billion and reserves of only $3 billion. Could not Britain become a financial burden on its prospective Common Market partners if its creditors suddenly called in all their debts? Not a chance replied Wilson, explaining that Britain's huge foreign investments were more than ample to ward off a run on the pound. (He could also have mentioned -but probably diplomatically did not- that Britain's pound has been shored up at times by massive aid from...

Author: /time Magazine | Title: Europe: Exercise in Persuasion | 2/3/1967 | See Source »

...present one ward of the Bridgewater State Hospital contains men who have been in the hospital for as long as 50 years after having been committed for crimes as small as vagrency...

Author: NO WRITER ATTRIBUTED | Title: The Cutler-Cawley Bill | 2/1/1967 | See Source »

...into. The majority probably still feels right-but troubled. The President summed up the uneasy moral choice in his State of the Union Address. "It is the melancholy law of human societies," he said, quoting Thomas Jefferson, "to be compelled sometimes to choose a great evil in order to ward off a greater evil." On the other side, a chorus of clerics, academics and polemicists of every tone proclaims that the U.S. position is evil, or at least morally questionable. When Cardinal Spellman exhorted American soldiers to hope and fight for victory in Viet Nam, he was widely criticized...

Author: /time Magazine | Title: Essay: THE MORALITY OF WAR | 1/20/1967 | See Source »

Terence soon became known as "Kayo" Hallinan. After tangling with three sailors in 1954, he was made a ward of the juvenile court. After clobbering a ski-lodge proprietor in 1955, he received a suspended three-month sentence. Tried for another assault in 1957, he got a hung jury, settled a damage suit by paying his alleged victim $5,000. Even after he entered San Francisco's Hastings College of Law in 1961, Terence had at least three fights, one of them a melee growing out of a bare-knuckles duel between his brother and another law student...

Author: /time Magazine | Title: Petitions: A Lawyer Despite Himself | 1/13/1967 | See Source »

...been separately published as a novel. Wise Blood deals with a familiar theme: man obsessed to the point of fanaticism. The scene is the dirt-road South outside the progressive and prosperous mainstream of U.S. life. In a modern U.S. city, there is no place outside of the psychiatric ward for the hero of Wise Blood, a gaunt drifter who blinds himself the better to see God and extinguish the devil...

Author: /time Magazine | Title: Books: A Concern for Truth | 1/13/1967 | See Source »

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