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...nation can comfortably afford. Since 1952 the army has had to fend for itself, living haphazardly on inadequate special appropriations because no government has lasted long enough in office to get a budget through Parliament. Army forces in north Sumatra found smuggling a practical solution to the budget gap. Rubber smuggling is big business: last year Malaya officially bought five times as much rubber from Indonesia as Indonesia officially exported. It was also profitable: the army acknowledged having earned...

Author: /time Magazine | Title: INDONESIA: Smuggler's Army | 7/23/1956 | See Source »

Talking to newsmen at Gettysburg, where he went to report to President Eisenhower, Twining slightly modified the stand he took in February (when he told a Senate committee that the Russians "have overtaken us in quantity" and "are closing the quality gap" upon which the U.S. depends for its lead in the airpower race). Last week Twining said that while the Russians probably have more jet aircraft than the U.S., "it's not numbers now [but] the mission of what they are going to do. That is the distinction...

Author: /time Magazine | Title: DEFENSE: The Air Force We Need | 7/16/1956 | See Source »

...bind and gag the concierge and his wife, roll back the living-room rug and begin cutting through the concrete floor. When the hole is the width of a man's wrist, an umbrella is lowered through it and opened to catch the fragments of plaster as the gap is widened. Once in the store, the alarm is swiftly disconnected, the safe opened with an electric drill, and the loot removed. The entire operation simulates major surgery: there is the same mute reaching for instruments, the same intensity of purpose, the same growing strain as the operation approaches completion...

Author: /time Magazine | Title: Cinema: The New Pictures, Jul. 16, 1956 | 7/16/1956 | See Source »

...former secretary and right-hand man, Nikos Kranidiotis, showed up in London with a proposal that he and the other five members of the archbishop's advisory council would be glad to relay any new British offers to Makarios, and Makarios himself wrote a letter suggesting that the gap between him and the British before his exile last March "was not wide." Still, if the British could only get their hands on Grivas, they would feel in a much stronger bargaining position...

Author: /time Magazine | Title: CYPRUS: Man Hunt | 6/25/1956 | See Source »

Last week's deal was eight years in the making. Bachelor Eugene C. Eppley, 72, a big stockholder in both Hilton and Sheraton chains, had long been anxious to retire. Sheraton's purchase, said Henderson, will "substantially narrow the gap" between his chain and Hilton's. With new hotels abuilding in Philadelphia and Dallas, the Sheraton empire now boasts 54 hotels, 25 more than the Hilton chain, although Hilton has 1,700 more rooms and grosses some $40 million more a year. All the Eppley hotels are in new territory for Sheraton, and all but three were...

Author: /time Magazine | Title: HOTELS: Closing the Gap | 6/4/1956 | See Source »

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