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Every once in a while, Nikita Khrushchev leaves official Moscow for a tour of the hinterlands, where he dispenses earthy proverbs and lofty advice to spur lagging Soviet agricultural production. Last week, on his latest swing through the boondocks of Central Asia, Khrushchev again demonstrated that to the folks down on the farm he is still one of the muzhiks...

Author: /time Magazine | Title: Cold War: Lunch in Siberia | 12/1/1961 | See Source »

...have been more concerned to cultivate grass roots than to shape ringing national issues. In the wheat-growing West, Prairie Lawyer Diefenbaker has made hay by swinging a $362 million grain sale to hard-pressed Red China. By devaluating the Canadian dollar last June, the Tory government has helped spur exports 4.8% and shave Canada's deficit-of-payment imbalance. Unemployment has dropped to 318,000 (4.9% of the labor force). But on the debit side, Diefenbaker has failed to show how his government intends to meet the new challenge of world trade-particularly that posed by Britain...

Author: /time Magazine | Title: Canada: Election Ho | 12/1/1961 | See Source »

...brains of mice. With infinite patience, Theiler in 1936 grew 176 generations of virus in tissue cultures of chick embryo cells,* weakening the virus with each "pass" and seeking a generation that would be too feeble to induce the disease, yet strong enough in a vaccine to spur the system to create antibodies. The vaccine that he achieved won Max Theiler a Nobel Prize...

Author: /time Magazine | Title: Medicine: The Ultimate Parasite | 11/17/1961 | See Source »

Wall Street professionals found plenty of reasons for the rise: brisk auto sales, some cooling of the Berlin crisis, and the expectation of more Government spending in the wake of last week's Democratic election victories. But the sharpest spur to the market came from General Motors Corp., which raised its annual dividend from $2 to $2.50 per share by declaring its first year-end extra dividend since the record auto-sales year of 1955. Avowedly based on the prospect of fast year-end auto sales-because of the August auto strike, G.M.'s third-quarter earnings were...

Author: /time Magazine | Title: State of Business: Earnings: Up | 11/17/1961 | See Source »

Still another powerful spur, so the Administration believes, would be a radical reduction in tariffs and import quotas around the free world (see THE NATION). Most U.S. businessmen agree-but stress that tariff reduction has to be a two-way street. In a speech to the Foreign Trade convention. Henry Clay Alexander, chairman of the Morgan Guaranty Trust Co., declared: "We must drop our historic stance of giving a little more than we get. Without moving away from trade liberalism, we should be trying to get back some of the edge we have given away over the years...

Author: /time Magazine | Title: State of Business: Optimism for Exports | 11/10/1961 | See Source »

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