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Innocent Middleman. In Copenhagen, Ole Jensen, arrested for counterfeiting Danish employee holiday stamps-so expertly that he was able to turn them in at post office windows, a book at a time, and collect $64 in refunds-conceded that he knew it was illegal but did not think it really wrong since the post office could reissue the books and recover its money...

Author: /time Magazine | Title: Miscellany, Aug. 19, 1957 | 8/19/1957 | See Source »

...standards, this too was a restrained speech. He made no demands that the U.N. Emergency Force withdraw from Egypt's borders. He made no mention of Israel's ships passing into the Gulf of Aqaba. And in a week of nationalist celebrations, Egypt permitted the Danish freighter Birgitte Toft, under charter to Israel, to pass through the canal with a cargo of rice for Haifa-the first such ship on Israeli charter to go through Suez since last year's Sinai war. (An Israeli sailor, however, was taken off the ship and held...

Author: /time Magazine | Title: EGYPT: Celebration | 8/5/1957 | See Source »

Testifying before the House Banking Committee , last week. Federal Reserve Board Chairman William McChesney Martin Jr. described the problem of controlling the vigorous U.S. economy in terms that even a schoolboy could understand. The Federal Reserve Board, said Martin, is in the position of the ancient Danish King Canute, who demonstrated his human limitations by giving orders to the tides. Yet Martin made it clear that even if the U.S. economy is too strong for the Fed, some attempt must be made to control or at least temper its insatiable appetite for money. Said Martin: The Fed's tight...

Author: /time Magazine | Title: STATE OF BUSINESS: Rising Tide | 7/29/1957 | See Source »

...member of the audience stated that a Danish drama critic with decades of experience and love for the theatre had finally concluded that the three chief traits in the acting profession were egotism, eroticism and exhibitionism. This elicited a vehement rebuttal from Strasberg, who then took his leave, like Marechal Villars from Louis XIV, by exclaiming, "God save me from my friends; I can protect myself from my enemies...

Author: By Caldwell Titcomb, | Title: Strasberg Analyzes Acting and Audiences | 7/18/1957 | See Source »

Twelve sackclothed vagrants with no visible means of support gathered in A.D. 1210 in the little Italian hill town of Assisi and started what Danish Roman Catholic Historian Johannes Jorgensen called "the most powerful attempt since Christ to make the world truly Christian." Their leader was a gentle little man who began life as a gay young gallant with a yen for glory-until, riding off to war at 22, he heard a voice ask, "Why do you desert the Lord?" Not long after, Francis of Assisi turned to prayer and fasting. Haled into an episcopal court for selling some...

Author: /time Magazine | Title: Religion: Assisi Today | 7/1/1957 | See Source »

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