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Drunken Pretzel. As an analyst of affluence, Galbraith does not speak from the curious outside. He summers on the family's 247-acre farm near Newfane, Vt., spends part of each winter at a commodious rented chalet in Gstaad, an elegant ski resort in Switzerland. William Buckley, a sometime skiing companion, says that Galbraith looks like "a drunken pretzel" coming down the slopes, but another observer describes his form as "graceful, lordly, solemn even?like Charles de Gaulle going down an escalator...

Author: /time Magazine | Title: Opinion: The Great Mogul | 2/16/1968 | See Source »

...basic irony that the balance of terror between nuclear powers, which has helped to prevent a global conflict, has also hampered peaceful diplomacy. For the ability to exercise military force is the ultimate threat behind all international arguments. Yet the patent and proper reluctance of big powers to resort to their biggest weapons gives smaller states an opportunity for mischief and arrogance. The difficulty of reacting without overreacting sets a definite limit on power. Thus Castro feels free to talk tough with Russia; the Rhodesians thumb their noses at the British; little Cambodia dares the wrath of Red China...

Author: /time Magazine | Title: Essay: THE LIMITS OF U.S. POWER | 2/16/1968 | See Source »

...real light on the succession. Don Juan, as son of the late King Alfonso XIII, is still the official pretender and conducts himself like a man who expects to be king. He receives advice from a shadow cabinet of royal councilors, holds audiences in his villa at the Portuguese resort town of Estoril and is attended at all times by a grandee of Spain. Last week the monarchist crowds in Madrid even dared chant a forbidden cry: "Long live King Juan...

Author: /time Magazine | Title: Spain: The Game Goes On | 2/16/1968 | See Source »

Austerity Psychology. "Let's get that pencil of yours a little sharper," Mills told Schultze. "I'm the attorney for the taxpayer in this case." The attorney in this case is also the court of last resort for the tax bill...

Author: /time Magazine | Title: Nation: Advocate & Judge | 2/2/1968 | See Source »

From Nashua to Dixville Notch, he sermonized in boys' school and fish factory, Y.M.C.A. and insurance office, shopping center and ski resort. Mostly he campaigned in living rooms, where he tapped a veritable mother lode...

Author: /time Magazine | Title: Republicans: Mining the Mother Lode | 2/2/1968 | See Source »

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