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When Daniels took over ARA a little over a year, ago, he argued for recognition of "Tacho" Somoza's puppet President Victor Román y Reyes in Nicaragua. Daniels realistically pointed out that nonrecognition had failed to weaken Tacho's grip on his volcano-ridged nation, and had put the U.S. into the position of refusing to recognize an established fact...

Author: /time Magazine | Title: THE HEMISPHERE: Awakening | 12/27/1948 | See Source »

From the Pierre, the A.P.'s Vincent O'Mahoney saw the photographers come to life. He dashed out, with the Daily News's Frank Ross and the Daily Mirror's Ara Piastre at his heels. While they stared at the crumpled figure in the courtyard, Russian-speaking Reporter Piastre (daughter of Conductor Mishel Piastre) heard her moaning "Ostavte! Ostavte!" (Later, only the Herald Tribune went out of its way to credit Miss Piastro with the translation: "Leave me alone...

Author: /time Magazine | Title: The Press: Manhattan Merry-Go-Round | 8/23/1948 | See Source »

...Washington last week from Honduras, where he had just shucked his job as the U.S.'s second youngest Ambassador,* 44-year-old Paul Daniels showed up at his green-carpeted office the first morning at a quarter to nine. As Director of the Office of American Republics Affairs (ARA), he knew he had his work cut out for him. Besides riding herd on 20 U.S. Ambassadors south of the border, he will be the top-level State Department contact for Latin American Ambassadors assigned to Washington...

Author: /time Magazine | Title: THE HEMISPHERE: Calling the Plays | 11/17/1947 | See Source »

...single U.S. town has shed its German name. All four Tokyos have survived, showing, says Author Stewart, "that the state of mind seems to be more strongly than ever that the names belong to us-to alter them would be repudiation of our own history." As Mrs. Ara Green, assistant postmistress of Tokyo, Tex. (pop. 50) put the matter: "We have started out to change the other Tokyo...

Author: /time Magazine | Title: Books: Adam-amd-Eve Alley to Zigzag | 4/30/1945 | See Source »

...Arañha plan flopped because even the reduced interest was too high for Brazil's low exchequer. Later, Brazil resumed paying interest. But it was so low the bondholders complained and chivvied Brazil into the new plan, which covers $838,000,000 in dollar and sterling bonds. Under this plan all bondholders have a choice of 1) Option A, under which the face value of the bonds remains the same, but interest is slashed in half or more, 2) Option B, under which the value of the issues is cut from 20% to 50% and interest is reduced...

Author: /time Magazine | Title: FISCAL: Tit for Tat? | 1/10/1944 | See Source »

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