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...agricultural country. It had vast fields of jute but not a single mill to convert it to burlap. To balance the economy, Pakistan needed industries. Some, the government has built itself. But "the best method of industrialization is through the investment of private venture capital," said Ali. Voicing the creed of a convinced free enterpriser, he declared: "It was the adventurous risk capital of the 19th century that built the fortress of industrial strength the U.S. enjoys today...

Author: /time Magazine | Title: PAKISTAN: Tea Is Not Enough | 10/25/1954 | See Source »

...Increased opportunities for all Americans, regardless of race, creed or color, to make their individual contributions to the nation's greatness...

Author: /time Magazine | Title: THE CAMPAIGN: The G.O.P. Argument | 10/11/1954 | See Source »

...Center. It was this sinless monism, Asad claims, this "new creed that gave them to understand that man was God's vicar on earth," that brought about the mass conversions to Islam during the great Moslem expansion that reached as far as Spain. It was "not a legendary 'conversion at the point of the sword.' " But Asad does not ignore the centuries of stagnation that overcame a vigorous society: "As soon as their faith became habit and ceased to be a program of life . . . the creative impulse . . . gradually gave way to indolence, sterility and cultural decay...

Author: /time Magazine | Title: Religion: Around the Kaaba | 10/11/1954 | See Source »

...Zealots' Creed. After a night's sleep and a breakfast pep talk to western Republicans, the President headed a 30-car caravan that rolled through spectacular canyons to the site of the $287 million McNary Dam, on the Oregon border. On hand to flip a switch activating the dam's fifth generator, the President took occasion to define one of the West's most vital issues: public v. private power. It was a bold, effective, potentially dangerous speech...

Author: /time Magazine | Title: THE PRESIDENCY: We Shall Ride Forward | 10/4/1954 | See Source »

...simple soul who, like Candide, thinks he is living in the best of all possible worlds. He can scarcely believe what is happening to him until he is down to the last princely robe on his back. Fortunately, the Hermitage of Gluttons takes the exiles in. The Gluttons' creed: "A man lives by eating . . . Whatever gods there be, one of them must be in a man's belly." Rama joins them in sacrificing to their god three times a day, and finds a friend in one fellow traveler of the Gluttons, the poet Valmiki. To while away...

Author: /time Magazine | Title: Books: Hindu Mock Epic | 9/27/1954 | See Source »

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