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...into Bolivian nationalism." Though he flew off to London at week's end-the Argentines and the Peruvians had refused him a visa-Arguedas professed a willingness to return to Bolivia and "confront the responsibilities inherent in the deed that I committed." Barrientos at first considered his favorite resort in times of stress: a flight into the hinterlands to talk with the Indian campesinos, who provide much of his popular support. But at week's end he settled down to the task of forming a new Cabinet that would be Che-proof...

Author: /time Magazine | Title: Bolivia: Consequences of a Diary | 8/2/1968 | See Source »

When a U.S. bank wants to raise cash, it can sell some Treasury bonds, issue certificates of deposit, or repatriate Eurodollars from its branches overseas. If it is a member of the Federal Reserve System, it can also appeal to "the lender of last resort"-the system's discount window. The price is high. Besides paying interest, currently 51%, the bank must submit to scrutiny that is even closer than usual. As a result, only 1% of credit extended to the banks has been passing through the Fed's discount window in recent years...

Author: /time Magazine | Title: Business: Opening the Window Wider | 8/2/1968 | See Source »

Where can the man who likes to travel light find a vacation house that he can pack into two suitcases and inflate with a bicycle pump after he arrives at a congenial resort? See MODERN LIVING, Preparing for the Year...

Author: /time Magazine | Title: A Letter From The Publisher: Jul. 26, 1968 | 7/26/1968 | See Source »

...Farm," as she called it, would be no Fun City. So Mrs. Richard J. Hughes, 46, wife of the New Jersey Governor, checked into Kempner clinic at Duke University Medical Center for a course in dieting. The pounds didn't melt away, and at times she had to resort to fasting to hurry the process along. Yet today, 18 weeks and 80 lbs. lighter, Mrs. Hughes is down to size 16. The magic formula: medication, a bland diet consisting mostly of rice and a rigorous regimen of exercise...

Author: /time Magazine | Title: People: Jul. 26, 1968 | 7/26/1968 | See Source »

Tourism is another matter. Nantucket has become a favorite summer resort and tourist attraction. The population jumps to 16,000 in July and August; last summer 200,000 sightseers overran its quaint cobblestone streets and lolled on its beaches. Salty natives sneer that one-day visitors "come with a five-dollar bill and a dirty shirt and change neither." Nevertheless, local businessmen gladly pocket the $20 million a year spent annually on bus trips, postcards and clam chowder. In fact, the tourist trade is growing so rapidly that many "off-islanders," the regular summer residents, are concerned lest their historic...

Author: /time Magazine | Title: Development: Trading Up Nantucket | 7/26/1968 | See Source »

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