Word: aug
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Dates: during 1950-1959
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...young girl holding a parasol over Stevenson in your Aug. 20 issue? She's a charmer, as A.E.S. seems to agree...
...fortnight ago, when E.O.K.A., the Greek Cypriot underground, offered to call off its campaign of terrorism (TIME, Aug. 27), the troubled island of Cyprus began to sense a degree of peace. British Governor Sir John Harding conceded that the E.O.K.A. truce offer might well represent "a chance for a fresh start" on Cyprus. And it might have, had the British risen to the occasion...
...week starting Thursday, Aug. 30. Times are E.D.T., subject to change...
...A.M.A. last week added its voice to those already raised in warning (TIME, Aug. 6), against two widely publicized new "wonder" diets: the "Rockefeller" (low-protein) diet and the "fabulous formula" diet of corn oil, dextrose and evaporated milk. The A.M.A. Journal reports noted that both diets could drop the patient below the minimum protein requirement, thus upsetting the bodily nitrogen balance and leading to a variety of deficiency diseases. "Fortunately, few people will adhere to either of these diets for long . . . But there are compulsive dieters, just as there are compulsive drinkers . . . and in these subjects harm...
...anticipated (TIME, Aug. 27), the Federal Reserve Board in midweek followed the commercial banks' lead by authorizing five district banks (New York, Chicago, Philadelphia, Richmond and Cleveland) to hike discount rates for the sixth time in 17 months. The discount rate-the basic charge to member banks for short-term loans-is expected to reach a uniform 3% (up from 2¼%) at all Federal Reserve Banks this week, raising the banker's cost of borrowing to a 23-year high...