70 Year Magazine Archive

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• The Establishment in a Nutshell Dept.: the New York Times, describing (Feb. 8) the reception given a book on Marx by the English scholar Sir Isaiah Berlin: “Although the book is hostile to Marxism, critics liked it for its objectivity and its felicities of style.”

• Last October the FCC announced it was going to take a long look at AT&T’s rate structure. The stock sagged from 65 to 58—a drop, on 500 million shares, amounting to $3.5 billion of market value. Last week Commissioner Rosel Hyde of the FCC’s Telephone Committee announced that there wasn’t any cause to fret; they just wanted to have a look; they didn’t really hate AT&T. The stock has recovered to the 64 level. A man could get rich if he only knew what Rosel Hyde will say next.

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