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...what the financial doctor ordered. In his interim budget, Finance Minister Donald Fleming announced his intention to realign the nation's lopsided balance of payments with the U.S. by imposing heavy taxes on U.S. investors. As to the effect on the dollar, Fleming reasoned that more taxes will dampen U.S. enthusiasm for Canadian stocks and bonds, thus make Canadian money more plentiful, and hence cheaper, on the New York money market. The effect on trade, with the dollar at parity, will be to make Canadian goods cheaper; exports should increase and bring the U.S.-Canadian trade deficit into closer...

Author: /time Magazine | Title: Canada: Pushed to Par | 1/6/1961 | See Source »

Stormy weather didn't scare elderly Republicans away from the Commander Hotel last night, but there was little real enthusiasm for the rain to dampen...

Author: NO WRITER ATTRIBUTED | Title: Volpe Talks to Cambridge Republicans | 10/25/1960 | See Source »

...unique circumstances of Antarctica did not dampen enthusiasm to apply the treaty's principles elsewhere. Said the Russians in a statement issued by the Soviet embassy in Washington: "The significance of this agreement goes beyond the limits of Antarctica and can be a good example for adopting similar decisions in respect to other regions of the globe." Australia's Ambassador Howard Beale raised the intriguing possibility that the treaty might serve as a model for another uninhabited, potentially disputed region: "the outer reaches of space...

Author: /time Magazine | Title: FOREIGN RELATIONS: Disarming the Penguins | 12/14/1959 | See Source »

Delwood Sturges '61 of Quincy House and South Orange, N.J., government major, honors candidate and all that returned to Cambridge last week in high spirits. Not even the sad discovery that you can't drive nails into concrete walls was able to dampen his exuberance. Not even getting stuck in that high-speed, low-efficiency elevator dismayed him very much. Delwood was happy, eager, just raring...

Author: By Peter J. Rothenberg, | Title: Blue Noon | 9/29/1959 | See Source »

...fond is the shopper of gathering gossip along with the groceries that supermarket lounges are the coming thing. The Kroger chain (1,400 stores) is putting lounges in all its new supermarkets, with foam-rubber sofas, partitions to dampen noise, vending machines that serve drinks and food. To keep the kiddies busy-and teach them that the supermarket is the place to bring mom-supermarkets have blossomed with circuslike kiddy corners and amusements. Among last week's offerings: a cartoon theater, now used by 75 supermarkets, that seats up to 40 children, changes its 20-minute show every week...

Author: /time Magazine | Title: Business: Bread & Circuses | 6/8/1959 | See Source »

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