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...their financial wizardry.* Delegates from 19 OEEC areas had come to La Muette to work out a new Intra-European Payments plan. After hours of futile argument, Belgium's Paul-Henri Spaak suggested that the meeting adjourn. Britain's Sir Stafford Cripps cut him short with a crisp insistence. "Gentlemen, I have to go back to England tomorrow," he said, "but my plane does not leave until 6 in the morning. I am at your disposal until then...

Author: /time Magazine | Title: ECONOMICS: 1952? | 7/11/1949 | See Source »

Along Taipei's broad, palm-shaded streets, sleek automobiles rushed rich mainland occupants to recently acquired business and government offices. Well-groomed Chinese women cluttered restaurants and shops, jammed sidewalk money-exchange booths, displaying rolls of crisp U.S. dollar notes. Thousands of Chinese soldiers, with the defeat of Shanghai just behind them, camped in the cavernous railroad station or roamed the streets. Civilians and soldiers (1,500,000 in number) were refugees from the communism now flooding south across China. They were also a troublesome burden to a people who wanted their island home for themselves...

Author: /time Magazine | Title: ISLAND REDOUBT: ISLAND REDOUBT | 7/4/1949 | See Source »

Smith College's Eleanor Shipley Duckett, 68, crisp, brisk author and scholar of Latin and medieval literature (Anglo-Saxon Saints and Scholars; Gateway to the Middle Ages) whose Latin 28 was one of Smith's most uncut classes. A D.Lit. from the University of London, Miss Duckett for years shared a trim white house with her West Highland white terrier Gregory (named after Gregory the Great) and Novelist Mary Ellen Chase (Silas Crockett, The Bible and the Common Reader); she has long celebrated the completion of each Chase book by buying its author an ice cream cone...

Author: /time Magazine | Title: Education: Goodbye, Messrs. Chips | 7/4/1949 | See Source »

Confession. The man who trudged up to Capitol Hill on the following day displayed none of Robert Oppenheimer's crisp confidence. He knew what was coming. A few days before taking the stand, thin, 36-year-old Frank Oppenheimer resigned his post as assistant professor of physics at the University of Minnesota and his resignation had been promptly accepted. He sat uneasily before the House Committee on Un-American Activities and talked about the mistake he and his wife Jacquinette had made twelve years before...

Author: /time Magazine | Title: INVESTIGATIONS: The Brothers | 6/27/1949 | See Source »

Before the American Management Association in Manhattan's Waldorf-Astoria last week rose hardy old (73) Cyrus S. Ching, director of the Federal Mediation and Conciliation Service, and onetime boss of the U.S. Rubber Co.'s industrial relations. In a few crisp words, Cy Ching gave the 400 assembled U.S. executives plenty to think about. He said he would probably be called pro-labor for saying it, but in the labor disputes he has sat in on, "labor is always better prepared with facts & figures than management." Often the people who represent management "do not know what...

Author: /time Magazine | Title: MANAGEMENT: The Score? | 6/20/1949 | See Source »

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