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...that offending Russian officials have always had for all practical purposes. Arrests of Russian non-diplomatic personnel in the U.S. usually lead to retaliatory seizures of Americans in the Soviet Union and often to an exchange. The U.S. can still expel Soviet diplomats suspected of espionage, a penalty more swift than criminal prosecution...

Author: NO WRITER ATTRIBUTED | Title: The Consular Treaty | 2/8/1967 | See Source »

...report forecasts a slowdown in the growth of the gross national product to about $47 billion, or 4% in stable dollars, compared with the too-swift expansion of $58 billion (51%) last year. Anything more than 4%, the council says, would surpass the nation's capacity in both plant and manpower. The trick, of course, is to keep the slowdown from going too far and prices from rising too fast. Last week banks began lowering the prime rate of interest, giving important evidence that the Administration's prediction of easier credit had foundation (see U.S. BUSINESS). Housing...

Author: /time Magazine | Title: The Economy: Qualified Optimism | 2/3/1967 | See Source »

...critic of his times, Hogarth was the visual counterpart to his great verbal contemporaries-Swift, Pope and Defoe. "The proper study of mankind is man," wrote Pope; Hogarth agreed in paint. Satire was his sword-and just how sharp it was can be seen in the current exhibition of 110 paintings, prints and drawings at Richmond's Virginia Museum of Fine Arts, the biggest public showing of Hogarth in U.S. history...

Author: /time Magazine | Title: Art: A Shakespeare in Oils | 2/3/1967 | See Source »

Late last year, Reyre even tried to take over Columbia Pictures Corp. by buying 37% of its stock in a swift and surprising $40 million raid. The U.S.'s Federal Communications Commission thwarted that move, but Paribas still expects to wind up with two seats on Columbia's board of directors. Last week Reyre reached across yet another border by announcing that Paribas has acquired a share in the West German business bank of S. J. Warburg. "He is very smart, very brave," says admiring Frank Manheim, a partner in Manhattan's Lehman Bros. "And he knows...

Author: /time Magazine | Title: France: Tiger in the Bank | 1/27/1967 | See Source »

...since irate Togolese soldiers murdered President Sylvanus Olympic because he had refused to spend more money on the army. What more appropriate way to celebrate the anniversary than with another coup? So Army Chief of Staff Etienne Guassinghe Eyadéma, 34, did just that. In a swift and bloodless takeover, he ousted President Nicholas Grunitzky, suspended the constitution and the National Assembly, and banned all political parties. Coup No. 2 for tiny Togo (pop. 1,617,000) was the seventh military takeover in a year for Black Africa...

Author: /time Magazine | Title: Togo: Coup No. 2 | 1/20/1967 | See Source »

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