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Solid Ahead. Behind Britain's trade comeback is a brisk overhaul of its economy. After the September 1957 run on the pound in favor of the German mark, which Britons considered one of the darkest periods since the war, the government decided that more austerity was needed to restore the pound's prestige. It cut down government spending, raised the bank rate to 7%, got banks to put a voluntary "freeze" on bank loans. Britain was also helped by the worldwide drop in prices of raw materials. Its austerity program worked, and by mid-1958 Britain again...

Author: /time Magazine | Title: BUSINESS ABROAD: Buoyant Britain | 6/29/1959 | See Source »

...should get an honorary degree in medicine for being "able to break the spine of 270 Christian Democratic parliamentarians without spilling one drop of blood." Morning after Erhard's arrival, party go-betweens took him to the Palais Schaumburg to hear soothing words from Adenauer, accompanied by a brisk lecture on the mathematics of political survival. Adenauer conceded that Erhard, with the help of perhaps 30 or 40 Christian Democrats, might be able to collect enough votes to take over the chancellorship if he were willing to depend on the opposition Socialists for much of his strength...

Author: /time Magazine | Title: WEST GERMANY: How to Win | 6/22/1959 | See Source »

...than mere strike hedging. Steel's key customers, U.S. auto and truck manufacturers, last week scheduled their best performance of the year. Auto output neared the 2,000,000 mark, 34.7% ahead of last year, and truck production was 36.8% ahead of the same period a year ago. Brisk April buying has firmed industry hopes for a 6,000,000-car year (including a brisk 500,000 imports) and automakers have already started lining up steel for 1960 models...

Author: /time Magazine | Title: STATE OF BUSINESS: Sparkling Signs | 4/27/1959 | See Source »

Manifresco. In Czestochowa, Poland, according to Tygodnik Demokratyczny, police arrested two hustlers who had bought up all the portraits of Karl Marx they could find, painted halos over Marx's head, and were doing a brisk business selling them in front of a Czestochowa monastery as portraits of St. Joseph...

Author: /time Magazine | Title: Miscellany, Apr. 20, 1959 | 4/20/1959 | See Source »

There is in the pages of Henry IV another incarnation of disorderly glory as eminently actable as Falstaff himself: Harry Hotspur, who is both the noble avatar of chivalry gone out-of-date, and a very young man full of appealing foibles. In this role Thomas Weisbuch is properly brisk and explosive, but even from Row D his words are often hard to understand; worse, he lacks both the charm of boyish buoyancy that should make Hotspur irresistible, and the trumpet-tongued grandeur requisite to his mounting "esperance...

Author: By Julius Novick, | Title: Henry IV, Part I | 4/10/1959 | See Source »

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