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CAPITALISM, often misinterpreted, often misunderstood, took on new dimensions in San Francisco last week. Recognizing the competitive challenge to free enterprise in a world clamoring for swift material progress, 551 bankers, government officials and business leaders from 62 nations gathered for the first such meeting to assess the vast needs and soaring hopes of the free world. The occasion: a week-long International Industrial Development Conference sponsored by TIME-LIFE International and Stanford Research Institute. The conference theme: Investment−Key to Industrial Development...

Author: /time Magazine | Title: THE CAPITALIST CHALLENGE: Building A Better World With Free Enterprise | 10/28/1957 | See Source »

...around Florida's Cape Canaveral, in U.S. missileland. On the hot, palmetto-studded beach, Photographer Stan Wayman, on assignment for TIME, set up his camera, trained its long telescopic lens in the direction of four gantry towers two miles away, and waited. The wait turned into a monotonous, week-long vigil. The monotony was relieved by the arrival of his wife with an ice chest and a bottle of champagne. It was the Waymans' seventh anniversary; they celebrated it on the beach...

Author: /time Magazine | Title: A Letter From The Publisher, Oct. 7, 1957 | 10/7/1957 | See Source »

...After a week of banquets, speeches and plaque dedications, a Presbyterian minister led his congregation in a special service commemorating the 100th anniversary of the founding of their church. The week-long observance might not have been remarkable except for the rank of some of those who took part, e.g., U.S. Ambassador to France Amory Houghton, and for the church's location: 65 Quai d'Orsay, Paris. Cabled the President of the U.S.: CONGRATULATIONS AND BEST WISHES AS YOU ENTER YOUR SECOND CENTURY OF SERVICE...

Author: /time Magazine | Title: Religion: U.S. Parish in Paris | 9/30/1957 | See Source »

Disarmament. In London, at week-long meetings of the U.N. Disarmament Subcommittee, U.S. Delegate Harold Stassen spelled out for Russia's Valerian Zorin a two-point U.S. plan for ending the H-bomb race as a "first step" toward overall arms reduction...

Author: /time Magazine | Title: THE PRESIDENCY: Atoms for Peace (Cont'd.) | 7/15/1957 | See Source »

...idea might have smacked of popery or unhealthy mysticism. The withdrawal of small groups for meditation, prayer and spiritual study used to be a distinctive practice of other religions, notably Roman Catholicism and Buddhism. Today, Protestant retreat houses are multiplying. Retreats range from one-day spiritual refreshers to week-long programs modeled on a monastic rule...

Author: /time Magazine | Title: Religion: On Retreat | 6/24/1957 | See Source »

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