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...monetary instability. In the context of the Common Market, however, the decision was highhanded, for it upset the parity rates among the currencies of the Six (see BUSINESS). But the German action helped to convince Pompidou that the British were needed in the EEC to serve as a counterweight to the Germans. Moreover, Pompidou apparently felt that France could not afford the stigma of once more blocking progress toward a united Western Europe. Consequently, as the ministers took their places around a hollow square of teak tables in the Charlemagne Building, the French were prepared to soften their positions...

Author: /time Magazine | Title: The World: Common Market: Breakthrough in Brussels | 5/24/1971 | See Source »

...faithful that it is becoming more responsive to the times. Such criticism, the Vatican believes, misses the point. When "the most sacred areas of Christian life are being threatened," a spokesman explains, "the Pope is reminding the world that there is value in certain ancient Christian ideals as a counterweight to creeping secularism...

Author: /time Magazine | Title: Religion: Christian Virgins | 9/21/1970 | See Source »

...Tories maintained that if Britain wanted to retain its South African naval facilities as a counterweight to the growing Soviet presence in the Indian Ocean, a resumption of arms sales was necessary. But the government failed to present its case convincingly to the Commonwealth, and a storm boiled up. Kenya, Tanzania, Uganda and Zambia lodged strong protests, and Tanzania's President Julius Nyerere threatened to withdraw from the Commonwealth. By the time the issue came before the House, it was clear that the government had been blown off course. The opposition so rattled Sir Alec Douglas-Home that...

Author: /time Magazine | Title: Britain: A Surfeit of Setbacks | 8/3/1970 | See Source »

...Counterweight. The key to last week's changes is Shultz. who has risen from his peers on the Cabinet to gain Nixon's total confidence as both an adviser and a doer (see box, following page). A Republican moderate who is liberal by this Administration's standards, Shultz is both a friend and potential ally of Finch's. Together they seem likely to introduce a new element within the White House, a counterweight to the relatively narrow conservatism of a number of the present top White House staffers.*Their recruitment in tandem indicates Nixon...

Author: /time Magazine | Title: Nation: Nixon: Boss in a Bad Year | 6/22/1970 | See Source »

...bloody denouement in Chicago and the dismal spectacle of Richard Nixon and Hubert Humphrey competing for the hearts and minds of Middle America. political activity on the right of SDS virtually stopped. Some were radicalized: probably a greater number simply withdrew from politics. This absence of a continuing counterweight to SDS in 1968-69 meant that, when the April crisis erupted, the mass of moderate students became, for the most part, a shuttlecock to be hit back and fourth between radical activists, liberal faculty, and conservative faculty and administrators. "Moderates" flocked to the stadium meetings, stenciled strike fists on their...

Author: By William R. Galeota, | Title: Harvard Activism '70: Some Rioted, While Others Returned to the System | 6/11/1970 | See Source »

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