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...bargains to be had. Another reason, as the week went on, were encouraging words from Washington about one of Wall Street's nagging worries. The Street has feared for some time that Viet Nam might bring on wage and price controls, as the Korean War did, which would dampen profits and decrease stock values. But last week Commerce Secretary John T. Connor told a Washington conference that there was "no indication now" of controls being necessary. Administration Economics Adviser Arthur M. Okun put it more strongly. Said he of the Korean-style control system: "There is no earthly reason...

Author: /time Magazine | Title: Wall Street: Bad Week for the Bears | 10/21/1966 | See Source »

...Plea for Sanity." Plainly, Hanoi hopes that by punishing Americans it would help dampen U.S. determination to prosecute the war - or at least discourage continued bombing. Actually, the effect would certainly be precisely the opposite, inflaming the American public and all but eliminating the domes tic dissension that Ho Chi Minh interprets as evidence that the U.S. will pull out of Viet Nam. Indeed, warned Georgia's Richard B. Russell, chairman of the Senate Armed Services Committee, executions of American pilots would "bring about the application of power that will make a desert of their country...

Author: /time Magazine | Title: The War: Hanoi's Kind of Escalation | 7/22/1966 | See Source »

...next two months. Right now, according to the latest (July 11) Louis Harris poll, the Administration is riding high. But public support for the Hanoi-Haiphong bombings rests on a hope that they will bring peace. Assuming this not to be the case, the current enthusiasm is likely to dampen somewhat by the middle of September...

Author: By James Lardner, | Title: The Third Man: | 7/12/1966 | See Source »

...approach the time-including traveling to and from airports-that the Montreal-Toronto trip takes by propjet Viscount. In fact, the ride will be somewhat similar: passengers will hear a faint engine whine, get free airline-style meals, sit in aluminum coaches slightly pressurized to keep out dust and dampen track noise. A pendular suspension system tilts the car inward on curves, thus eliminating the lurches of ordinary trains and enabling the train to hit 110 m.p.h. on existing tracks, and eventually 160 m.p.h. on improved rights-of-way using continuously welded track...

Author: /time Magazine | Title: Canada: Flying Low | 5/27/1966 | See Source »

...French. For one thing, it would give them continued access to the American tactical nuclear warheads in West Germany, which France now shares under the NATO "two-key" system. For another, it would enable France to keep troops in Germany, which, in French minds at least, serves to dampen the resurgence of their old enemy's aggressive spirit. Whether De Gaulle will be impressed by those considerations remains to be seen. Despite his vocal "suspicion" of American intentions in Europe, he is nonetheless counting on the U.S. to shield France from aggression no matter how much mischief he stirs...

Author: /time Magazine | Title: NATO: A Step Toward Sharing | 5/6/1966 | See Source »

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