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...black markets in Tanzania, Indian businessmen who are being forced out of the country by "Africanization"' are buying dollars at twice the legal rate of exchange. And at the Leipzig Fair, East Germany's Communists offer the pre-August rates of 4.17 East German marks for the capitalist dollar...

Author: /time Magazine | Title: The Economy: Tips for Travelers: Don't Bring Cash | 9/27/1971 | See Source »

...Capitalist Showcase. Since 1966 the two-day fete had been held annually in Paris' leafy Bois de Vincennes. Last spring, however, the Gaullist-dominated Paris city council withdrew permission for use of the park on the grounds that the fair was too disruptive to strollers. The Communist mayor of La Courneuve, in Paris' northern suburbs, quickly came to the rescue, offering 116 acres of parkland for the festival. More than 600,000 fairgoers, including such celebrities as Actress Melina Mercouri, braved intolerable traffic snarls to reach the site. Once there, bourgeois families crowded shoulder to shoulder with party...

Author: /time Magazine | Title: FRANCE: Communist Funfest | 9/27/1971 | See Source »

Died. John Desmond Bernal, 70, physicist-philosopher and ardent Communist; of a stroke: in London. Called the "Sage" by fellow British scientists because of his encyclopedic knowledge, Bernal infuriated them with one of his favorite theories: "In capitalist countries, the direction of science is in the hands of those who hate peace." Nonetheless, they recognized the greatness of Bernal's own contributions to science, including experiments with crystals in the 1920s and '30s that helped lay the groundwork for molecular biology. When Sir John Anderson, Home Secretary at the outbreak of World War II, was criticized for hiring...

Author: /time Magazine | Title: Milestones, Sep. 27, 1971 | 9/27/1971 | See Source »

...political prisoner? Jackson filled his long stretch-more than seven years of it in solitary confinement-with an extraordinary self-education in languages, economics, history and philosophy. He concentrated increasingly on Marxist theory and did nothing to conceal his revolutionary politics, which called for the destruction of the capitalist system. His published prison letters, Soledad Brother, incandescent and often eloquent in their hatred, and his moving compassion for his people made him that contemporary incongruity-a literary celebrity in stir...

Author: /time Magazine | Title: Time Essay: WHO (AND WHAT) IS A POLITICAL PRISONER? | 9/6/1971 | See Source »

...accomplish its ambitious aims, the junta adopted a nationalist posture -"neither Communist nor capitalist, but peculiarly Peruvian," as Velasco put it. Unlike military regimes of the past, which usually served the oligarchy, the junta was sympathetic toward the sufferings of the lower classes simply because some of its members came from humble backgrounds. Only a few days after seizing power, it nationalized the U.S.-owned International Petroleum Co. and refused to pay compensation on the grounds that the company had illegally taken oil out of the country worth at least six times as much as the seized holdings. Loath...

Author: /time Magazine | Title: The World: Peru: Soldier in the Saddle | 7/26/1971 | See Source »

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