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...French economy from the ruinous burden of Algerian war and found it fit at last to throw away its iron lung and breathe the bracing air of free competition. But they are also uneasily aware that the general (who respects but does not love the British) intends to chart an international course independent of his allies. The British now fear that they cannot change events before Western Europe splits into two groups-the "ins" of the six-nation community, and the "outs...

Author: /time Magazine | Title: WESTERN EUROPE: The Insiders Club | 11/3/1958 | See Source »

Since seizing power 13 months ago, Strongman Sarit has spent most of his time abroad undergoing treatment for a chronic liver ailment in Walter Reed Army Hospital in Washington, and then in Britain. Back home, his Chart Sang-khom Party seemed safely in control of two-thirds of the seats in the Assembly, after an election he had decreed; his own man, General Thanom Kittikachorn, was Premier; young King Phumiphon was carefully holding himself above politics and giving no encouragement to the opposition. When a Soviet attaché and a Tass newsman spoke slightingly of Sarit this month, the government...

Author: /time Magazine | Title: THAILAND: Coup de Repos | 11/3/1958 | See Source »

...facts hardly supported Balderston's fear of a credit burst. Consumer credit has held fairly steady this year (see chart), as consumers cautiously kept from stepping up credit buying. Furthermore, payoffs have been good; the Veterans Administration reported last week that veterans holding G.I. home loans have set a "remarkable" record by paying off some $11 billion in home mortgage debts...

Author: /time Magazine | Title: Business: Controls on Buying? | 11/3/1958 | See Source »

...injuries, most notably at fullback where the depth chart trails off into an embarrassing nothingness after starter Sam Halaby. Second stringer Chris Hauge is sidelined with rib injuries, third stringer Jon Serbin will be out for the season with a fractured vertebra, and even Halaby is suffering from bruised ribs. In the emergency, halfback Glenn Haughie has been pressed into service as a fullback on a week's notice, but Yovicsin still winces at the situation...

Author: By Kenneth Auchincloss, | Title: Football Team to Seek First Victory Against an Unbeaten Lehigh Eleven | 10/11/1958 | See Source »

Mindful of the U.S. Tariff Commission's recommendations for boosting tariffs, foreign nations regarded quotas as much the lesser evil. They were fully aware that U.S. mine production has fallen while imports have climbed (see chart). Canadian politicians railed at the ruling, but Canadian miners were more subdued. "It's easier to get rid of a quota than a tariff," said V. C. Wansbrough, vice president of the Canadian Metal Mining Association...

Author: /time Magazine | Title: Business: Relief for Distress | 10/6/1958 | See Source »

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