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...present McCarthy-Stevens controversy appears to be one of the cheapest frame-ups since Martin Dies was victimized by the fellow-traveling elements of the Roosevelt regime. I, a Democrat, should like to register my opinions . . . Private Schine was, at the time of his induction, just within the 26-year-old limit, and the kind of controversial public figure the Army does not like to han dle. Did his draft number just pop up, accidental-like? Or, as his friends accuse and enemies smirk, as everyone believes, was it drawn? Why wasn't he given a special com mission...

Author: /time Magazine | Title: Letters, Apr. 5, 1954 | 4/5/1954 | See Source »

...stood sturdily against the laissez-faire doctrine of Liberalism with its conception of labor as a commodity. The great Tory reformer Disraeli, a biographer once wrote, "could not believe that men. men of flesh with mobile faces . . . were condemned to combine like so many crooked atoms to produce the cheapest possible calico in the richest possible world." In that day, said Rab, "Conservatism did not hesitate to invoke the collective power of society to redress the social wrongs caused by economic development. Now Socialism unduly exalts the state, and Conservatives must emphasize the importance of the individual...

Author: /time Magazine | Title: Foreign News: The New Tory | 4/5/1954 | See Source »

...World Bank. He reasoned that Export-Import i) favors loans to private (including U.S.)companies in Latin America, and 2) requires that imported machinery and equipment used in its developmental projects come from the U.S. (The World Bank lends mainly through governments, insists that equipment be bought where cheapest.) Capehart's recommendation collides with the policy of Secretary of the Treasury George Humphrey, who has cut Export-Import Bank loans to a minimum for reasons of general economy. When this issue comes up for settlement, probably before the Inter-American Economic Conference in Rio next fall, Businessman Humphrey...

Author: /time Magazine | Title: THE AMERICAS: A Voice for Aid | 3/29/1954 | See Source »

...city and suburban driving. If the Metropolitan catches on, he will be in a position to step up production rapidly. However, the car's handicap is its price. The Rambler Deluxe is only $100 more, and Ford and Chevrolet come within $200 of it, f.o.b. Detroit, on their cheapest models. But Mason thinks hard selling can put the car over. Says he: "Our refrigerator boys are selling, and they had a tough time. If they can sell, the automen...

Author: /time Magazine | Title: AUTOS: New Entry | 3/22/1954 | See Source »

...planes, 390 warships, 21,000 trucks and trailers, 1,400 tanks, halftracks and other combat vehicles, 175,000 rifles and machine guns. In September 1953, President Eisenhower stepped up this aid by $385 million. "We are not voting a giveaway program," the President said. "We are voting for the cheapest way we can prevent the occurrence of something that would be of a most terrible significance to the U.S.A." Secretary of State Dulles warned Red China that full-scale aggression south into Indo-China "could not occur without grave consequences, which might not be confined to Indo-China." In January...

Author: /time Magazine | Title: Foreign News: INDOCHINA: THE WORLD'S OLDEST WAR | 3/15/1954 | See Source »

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