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BRITISH POUND is rising in value, backing Washington's belief that Brit ish economy is climbing out of post-Suez slump. On New York market, pound sold last week briefly for more than $2.80 pegged rate for first time since June...

Author: /time Magazine | Title: Time Clock, Feb. 4, 1957 | 2/4/1957 | See Source »

...French were franker than the Brit ish about Suez. Said Socialist Premier Guy Mollet last week: "We did not tell President Eisenhower about the Franco-British invasion, because if we had, the U.S. would have insisted on our stopping." Mollet did not acknowledge that the main French objective was to unseat Nasser, but the failure to achieve this aim was threatening the life of his government last week...

Author: /time Magazine | Title: FRANCE: Beginning of an End | 12/17/1956 | See Source »

...Bienal, Sculptress Richier, 52, does not see beauty as the world usually views it. Says she: "I am more attracted by the trunk of a dead tree than by an apple tree in full bloom." Along with such dissimilar sculptors as Swiss-born Alberto Giacometti and Brit ain's Henry Moore, Germaine Richier takes her stand as a Pygmalion-in-reverse. Rather than working inert sculptor's materials to the polished, lifelike perfection of idealized beauty, she clings to the magic moment of metamorphosis, when half-glimpsed form begins to emerge from mute matter...

Author: /time Magazine | Title: Art: POEMS OF DECAY | 11/26/1956 | See Source »

...more decisive and less of a procrastinator than Churchill. (When he was waked from a sound sleep to receive Bulganin's note, his first reaction was to begin drafting a reply-not to call experts for an assessment of Russian intentions or to check on Brit ain's defense capabilities...

Author: /time Magazine | Title: GREAT BRITAIN: Driven Man | 11/19/1956 | See Source »

Dulles explained, in effect, that by taking a position of moderation the U.S. was restraining "some people who counseled immediate forcible action," i.e., the Brit ish and the French. On Dulles' urging, the U.S., Britain and France had agreed instead to convene a 24-nation conference of nations principally affected by the canal seizure (including Russia and Egypt, excluding Israel) to negotiate what he carefully termed "an adequate and dependable international administration of the canal on terms which would respect, and generously respect, all the legitimate rights of Egypt." But what if Nasser chose not to heed the moral...

Author: /time Magazine | Title: THE NATION: Invoking Moral Force | 8/13/1956 | See Source »

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