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Published last week, the 1960-61 Jane's reported that the Russian navy now has four times the submarine strength that Hitler had at peak strength in World War II. By Jane's estimate, the Russians have six nuclear-powered subs, ten guided-missile types, more than 425 other submarines ranging from large ocean-going types down to seagoing patrol subs, medium-range subs and former German U-boats. In a foreword Editor Raymond Blackman observed that in "some quarters," it is still said that Russia's nuclear-powered submarines are not yet operational, but "this ostrich...
EUROPEAN STOCK MARKETS are losing their bullishness. Value of stock on the Milan Exchange has declined 40% in past four months. Paris Exchange has slipped 10% since its 1960 high last August; London has retreated 12% from record peak. Only West German market is still strong, is expected to finish the year with stocks 29% above 1959. One result of the decline: less U.S. money and gold will go abroad...
...from 122 to 145. But all 23 of their new seats were taken from the middle-roading Democratic Socialists, who until they broke away a year ago had belonged to the Socialist Party anyway. Big losers were Japan's minor parties-though the Communists, who had a 1949 peak of 35 seats, increased their representation in the Diet from one to three members...
High Scenery. Many of the small colleges boast magnificent surroundings. Colorado is in the shadow of Pikes Peak. Washington State's Whitman (fine pre-med training) thrives near wheat fields and ski slopes. Other "unknown" colleges are in lively U.S. cities: New Orleans' Sophie Newcomb is the women's branch of Tulane University; and Washington. D.C.'s Trinity is a topflight Roman Catholic girls' school that emphasizes science and languages, including Russian and Chinese. New York City's Wagner College has a double feature: a hilltop rural campus on Staten Island with a sweeping...
Private book collecting in the U.S. reached its peak in the '20s, before its frenzy was cooled by taxes, the Depression and the increasing rarity of first-rate items outside institutional libraries. During that time it was customary for the great auction houses to announce after important sales that "unless otherwise noted, all books were bought by Dr. Rosenbach." The coolness with which the Philadelphia dealer, by an inclination of his head, would top a bid by ?500 caught the public's fancy, and Dr. R. knew how to keep publicity afloat. Solemnly he advertised: "Shakespeare...