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...settled by negotiation and not by force." In the final communiqué his aides put in a few words, which the Russians did not bother to object to, in favor of discussing a "thinning out" of troops along the Iron Curtain. This was designed to take some of the steam out of Labor's election-year drive for "disengagement" in Central Europe. Without reading it, the two chiefs of government rushed through the signing of the final communiqué. When Britain's Foreign Secretary Selwyn Lloyd remonstrated, Khrushchev replied: "Time is money. We have officials for reading...

Author: /time Magazine | Title: Foreign News: Mission Accomplished? | 3/16/1959 | See Source »

...feel that we have to develop a sound economy so that we won't fall into a slump again and have even more unemployment." By raising the lending rate to member banks, the Fed showed its confidence that the U.S. economic recovery is steadily picking up steam-and its fear that inflation is once more a major danger...

Author: /time Magazine | Title: Business: The Fed's Surprise | 3/16/1959 | See Source »

Erhard had taken himself to a Finnish sauna at a Black Forest resort last week to sweat off some of his 240 Ibs. in the steam bath and to be worked over by his masseur. The phone call was from Chancellor Adenauer in Bonn. Wrapping a towel around his midriff, the professor padded to a dressing-room telephone...

Author: /time Magazine | Title: WEST GERMANY: Elevating the Pilot | 3/9/1959 | See Source »

...telephone, sometimes finds on the line a drunk who berates him for some imagined wrong. He has heard more than one turn and shout to his fellow tipplers: "Listen to me give hell to the telephone company president!" Says Koch philosophically: "It does them good to let off steam...

Author: /time Magazine | Title: UTILITIES: Voices Across the Land | 2/23/1959 | See Source »

...Quincy House dining hall will be ready for use next September, but apparently cannot accommodate the Leverett House group. The Leverett dining room is to be extensively modified. Repairs will continue throughout the summer and fall. Soundproofing will be installed, and the steam tables will be moved back into the present kitchen area...

Author: NO WRITER ATTRIBUTED | Title: Seven Houses Will Receive Hutch Diners | 2/14/1959 | See Source »

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