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...balance-of-payments deficit is the least-understood major problem facing the nation today. Many of the businessmen most affected by it confess that they do not grasp all its vagaries and nuances. But they are convinced that when a relatively modest $3 billion deficit forces a nation with a $650 billion economy to reduce its role in international finance, then something is wrong with the world's bookkeeping...

Author: /time Magazine | Title: Money: Looking for Change | 3/12/1965 | See Source »

...position to judge their qualifications, rather than by a student body the majority of which has no real basis on which to make a decision. I realize that a Radcliffe student's right to vote is a function of her status as a member of RGA, but I must confess that I am alienated from, rather than bound to RGA When it is represented to me by a list of unknowns. At present RGA elections seem a futile and, to me, frustrating gesture. Mellssa M. Black...

Author: NO WRITER ATTRIBUTED | Title: FRUSTRATED CLIFFIE | 3/10/1965 | See Source »

...nationally humiliating to confess it," editorialized the liberal-minded St. Louis Post Dispatch, "but the truth is that we are risking world war in Southeast Asia for no sound national purpose at all. The new exchange of strikes simply emphasizes the bankruptcy of American policy. Our basic purpose ought to be to disengage from a fruitless and seemingly endless conflict by seeking a political instead of a military settlement...

Author: /time Magazine | Title: Newspapers: Sizing Up Viet Nam | 2/19/1965 | See Source »

Some of the clergymen who asked the FCC to deny Mclntire's seminary a broadcasting license seemingly felt ill at ease. "I must confess that in the interest of fairness this man's point of view should be heard," wrote the Rev. Manuel C. Avila Jr. of the Springfield, Pa., Baptist Church. But Avila thought that Mclntire should not have the right to control the entire broadcasting content of a station. The complaints say that Mclntire is grossly biased and twists facts, but the FCC notes that he offers the individuals he attacks time on his programs...

Author: /time Magazine | Title: Clergy: Liberal Intolerance | 2/12/1965 | See Source »

...have just pushed aside, I confess with mounting distaste, a pile of Kennedyana on which I had been browsing, Graveyard, or memorial, prose is among the least edifying and least pleasing forms of human composition. There is a prevailing flavor of syrupy insincerity, an affectation of wholehearted truthfulness, amounting to the worst kind of deception, which sickens as it surfeits...

Author: /time Magazine | Title: Magazines: Assailing a Legend | 1/29/1965 | See Source »

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