Word: autumns
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...Wait for Autumn. Last month India's able, tough-talking Finance Minister T. T. Krishnamachari slapped a ban on all imports requiring foreign exchange unless the sellers agreed to payment deferments of from seven to nine years. British, Italian and West German suppliers responded coolly, though some West Germans are ready to offer goods on a deferred-payment plan-at 8.5% interest. Russia and Eastern European satellites, on the other hand, have been quick to inform India that they are eager to grant deferred payments-and at only 2.5% interest, a political price which U.S. observers feel is significant...
...another gesture to Britain, Diefenbaker timed the next session of Parliament to coincide with Queen Elizabeth's autumn visit to Canada and the U.S. The Queen will open the session Oct. 14-the first time that a reigning monarch has opened a Parliament in Canada...
Into the booming foreign-car sales race Italy's Fiat last week rolled its 116-in.-long, two-passenger "New 500" model, which it expects to start exporting to the U.S. this autumn. Fiat set an $800 price tag on the 500, hopes to accelerate its opening sales push in the U.S. (TIME, April 22), which sold 1,200 standard Fiats in the first two months...
...recognition is reaching new heights. Paris, which had never seen a one-man Mondrian show, this spring had two. The first authoritative biography, by Michel Seuphor (Piet Mondrian; Abrams; $17.50), has just been published. Two U.S. museums are laying plans for large-scale Mondrian shows this autumn...
...starts with the Spenglerian notion that a society is like an organic plant, with a seasonal life cycle-spring, summer, autumn, winter. To this he adds the Spenglerian distinction between culture and civilization, i.e., during its culture phase a people paints its masterpieces, and during its civilization phase a people builds the museums to house the masterpieces it can no longer paint. Cultures are creative, instinctive, combative, individualistic. Civilizations are practical, scientific, peace-and-unity-minded, conformist...