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Canada's economy, as every Canadian likes to say, is "basically sound." But its rate of unemployment (8.4% in February) is the highest of any industrialized nation in the West. Its fundamental trou ble is that it is a "branch-plant economy.'' Canada desperately needs a larger market than its 18.8 million home consumers...

Author: /time Magazine | Title: Canada: A New Leader | 4/19/1963 | See Source »

...first turned to professional writing before World War II, while working for a doctorate in physics at Columbia University under famed Enrico Fermi. Days he measured the mes on; nights he ground out magazine stories and suspense novels (Footsteps Behind Her, Stalk the Hunter}. Finding his dou ble life profitable but pointless, Wilson ended both careers, later moved to Martha's Vineyard as a year-round resident to write "of serious things...

Author: /time Magazine | Title: Books: Big in Russia | 3/10/1961 | See Source »

Clapping a floppy peasant straw hat on his head, Castro made a pass at the U.S. naval base at Guantanamo, saying that if the U.S. continues trying to "ruin our economy we will demand withdrawal of their forces." But he added that since the "dou ble dealing" State Department was looking for "a pretext to bloody our homeland" his government "will never attack the base." In the wake of Cuba's newest seizures of U.S. property, including the 13-store, $5,000,000 Minimax supermarket chain and three rubber plants worth $25 million under way, Castro announced that...

Author: /time Magazine | Title: CUBA: Fidel's Answer | 9/12/1960 | See Source »

...strike against Michigan's Cross Co., which is planning to bid on $5,000,000 worth of automating machinery for the Soviet Union. Cross has been struck by U.A.W. for nearly a year for refusal to recognize union as bargaining agent, though designated by NLRB. The union ca ble asked Khrushchev to prove his interest "in justice for the working people" by turning down Cross...

Author: /time Magazine | Title: Time Clock, Jul. 25, 1960 | 7/25/1960 | See Source »

...with less than four hours to go, the Hill-Gendebien car developed engine trou ble. After that, it was no contest. Plugging steadily onward, two factory Astons finished one-two for the first Aston Martin victory in Le Mans history. The new champions: Carroll Shelby of Dallas, and Britain's Roy Salvadori. Only 13 of the original 54 starters finished-smallest number ever to complete the rugged vingt-quatre heures...

Author: /time Magazine | Title: Sport: Circus at Le Mans | 6/29/1959 | See Source »

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