Nation: Boomtown on the Potomac

Public service has its own rewards, notably prosperity

If you are poor, you have no business in Washington." So said snippy Journalist Anne Royall in the early 19th century. Her observation is hardly less true today. Only now it must be added that anyone with business in Washington faces little risk of poverty. The great company town on the Potomac is booming. Humorist Russell Baker may garnish the truth when he writes of suburban lawns "green with money." And admittedly not everybody rushed to get at the $13,000 Chinese vases when the new...

Want the full story?

Subscribe Now


Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!