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...Chairman J. Peter Grace, 49, international-minded president of W. R. Grace & Co: the Alliance "in its present size and form cannot succeed." Investors are frightened away by the "unfavorable business climate" in Latin America. Profits are low, risks high. The U.S., continued Grace, should adopt a "carrot-and-stick approach." with grants and loans to encourage Latin Americans to enact laws more hospitable to private investment. The committee recommended greater tax incentives and deductions as a cushion against heavy losses. Even then, concluded Grace, "it is unlikely that normal conditions attractive to foreign capital can be created...

Author: /time Magazine | Title: The Americas: Alliance in Danger | 2/15/1963 | See Source »

...European economic coordinating group that grew out of the Marshall Plan? Hardly, since the economies of all Western European nations are intertwined with France's. The urgent French need to export food surpluses, and its booming market for other nations' industrial goods, are the stick and the carrot that have given the community much of its momentum...

Author: /time Magazine | Title: Western Europe: Round 1 to the General | 2/15/1963 | See Source »

...spot at any time. And to a bungalow sometimes occupied by Eccentric Millionaire Howard Hughes, midnight requests for odd items-once, it was only an upside-down cake-are promptly delivered. The hotel boasts that its kitchen can produce anything upon demand, even supplies a special $1 sirloin-carrot-and-peaburger for dogs. As a result of such tender, loving care, the occupancy rate has stayed above 90% for the last ten years, and the Beverly Hills grosses some $6,000,000 a year, making it the most profitable hotel, room for room, in the world. With this kind...

Author: /time Magazine | Title: The Hotel: With a Smile | 11/9/1962 | See Source »

...palms and soles. The whites of his eyes, however, were unaffected, thus ruling out liver disease. It turned out, report Drs. Ira A. Abrahamson Sr. and Jr. in the A.M.A.'s Archives of Ophthalmology, that the man knew he had cataracts. Like night fighter pilots who believe that carrots speed up their adaptation to the dark, he thought he could improve his sight by taking carrot juice. Every day for 18 months he had had his wife grind up enough carrots to make two quarts of juice for him to guzzle. He had to have the cataract operation anyway...

Author: /time Magazine | Title: Medicine: Dyed by Carrots | 8/31/1962 | See Source »

...Although not the most expensive form of therapy, drinking carrot juice is probably the most useless, and it should be condemned," the doctors conclude...

Author: /time Magazine | Title: Medicine: Dyed by Carrots | 8/31/1962 | See Source »

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