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...reaction abroad was compounded of disgust and dismay, something the military junta had obviously not reckoned on. Nine Latin American countries suspended or broke off relations. The blow that hurt most came from the U.S. Having persistently warned Peru's military of the consequences of a coup, the U.S. suspended relations, stopped $81 million in Alliance aid, cut off military aid now running at $5,000,000 a year, and threatened as well to take away Peru's premium-priced U.S. sugar quota, amounting to $19 million a year. "A serious setback" to democracy, said President Kennedy...

Author: /time Magazine | Title: Peru: The Military Take Over | 7/27/1962 | See Source »

...Late last month, mercurial Planemaker Georges Hereil, 53, father of the Caravelle jetliner, walked out as president of France's nationalized Sud Aviation In disgust over government interference with his plans. To succeed him as boss of the Continent's biggest aircraft producer, the government last week chose Air Force General André Puget, 51, recently eased out as chief of the French General Staff for his foot dragging over De Gaulle's Algerian policy. It will not be smooth going at Sud Aviation either for Puget, a quiet, amiable St.-Cyr graduate. Though Sud Aviation made...

Author: /time Magazine | Title: World Business: Personal File: Jul. 27, 1962 | 7/27/1962 | See Source »

...principal Common Market airlines-Lufthansa, Air France, Alitalia and Belgium's Sabena-began to discuss pooling of their resources in a European Air Union in order to compete more effectively with Pan Am, TWA, and other international lines. KLM walked out after the first meetings in disgust at its proposed share of the combined revenues. But Dutch parliamentarians are unlikely to be willing to subsidize KLM permanently for the sake of national prestige, and Van der Beugel now says that KLM is watching the Air Union negotiations "with great interest." Translation: Won't you please invite us back...

Author: /time Magazine | Title: Western Europe: Low-Fiying Dutchman | 7/13/1962 | See Source »

...ladies are all charmingly indomitable; they perk up their spirits by writing letters to Adlai Stevenson, or by shocking the sensibilities of stuffy sons who want them to come and live in Darien. Novelist Stone believes firmly in the outlandishness of the usual. An eagle grounds itself in disgust after colliding with a construction workers' crane, and the locals try to fly the bird on a leash. The "X-er"-the man whose job it is to paint big Xs on the windows of condemned buildings-feels himself the personification of doom, gets so worked up over...

Author: /time Magazine | Title: Books: Eagle & X-er | 5/25/1962 | See Source »

...indulge in their uniaersal passion for telling each other the oldest hoariest American chestnuts. (Even the Deacon succumbs to the weakness: Mole sombrely admonishes him, "Remember forewarned is forearmed," and Deacon sniggers "I suppose an Octopus is twice as well off?" As they walk away, Mole snorts with disgust and Deacon is tee-heeing to himself...

Author: By Joseph L. Featherstone, | Title: Pogo's Black Book | 5/22/1962 | See Source »

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