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...Indian band, celebrating the separation of India's wandering child, had tooted somewhat tactlessly, "You'd Be Far Better Off in a Home."* Inside the Assembly Building, the Briton and the Moslem got down to the business of transferring power from the British Crown to the new dominion of Pakistan. It was a formal, cut-&-dried affair. Although Pakistan is frankly a Moslem state (the most populous in the world), and set up to satisfy Moslem demands, there was none of the atmosphere of religious dedication that marked Delhi ceremonies...

Author: /time Magazine | Title: PAKISTAN: Better Off in a Home | 8/25/1947 | See Source »

Last week Jinnah surveyed the city in which he was born. There is a plan afoot to rename it Jinnahabad. Karachans, however, did not welcome Pakistan with the wild enthusiasm that swept the new dominion of India (see above). After all, Pakistan was the creation of one clever man, Jinnah; the difference between a slick political trick and a mass movement was apparent in the contrast between Karachi and New Delhi...

Author: /time Magazine | Title: PAKISTAN: Better Off in a Home | 8/25/1947 | See Source »

...were shocking. June shipments of $175 million had boosted the half-year import total to $981 million. Against this, Canada had sold only $482 million worth of goods to the U.S. The staggering adverse balance of almost half a billion in U.S. dollars made a big dent in the Dominion's war-hoarded reserves, even though hard-pressed Britain helped out by paying Canada in U.S. dollars for $220 million worth of food. The Bank of Canada's Graham Towers, who knows, was not telling how many U.S. dollars Canada had left, but at this rate the year...

Author: /time Magazine | Title: Canada: EXTERNAL AFFAIRS: The Half-Billion Touch | 8/25/1947 | See Source »

...week Canada was thinking quietly but hard about a loan of half a billion dollars as the best defense against U.S. dollar depletion. So long as Canadians generally believe that they can get U.S. dollars for business or travel, they are not likely to start a run on the Dominion's depleted supply. But if they should decide that the stock was dangerously low, they could start a run by stepping up their orders of U.S. goods, and getting U.S. dollars from Canadian banks to pay the bills. Ottawa's view is that with a half-billion loan...

Author: /time Magazine | Title: Canada: EXTERNAL AFFAIRS: The Half-Billion Touch | 8/25/1947 | See Source »

...legislature. Lawyer Oliver W. Hill, one of 18 candidates for Richmond's seven lower-house seats, finished eighth with 6,310 votes, just 190 short of nomination. Said the Richmond Times-Dispatch: "We may as well accustom ourselves to the thought that the Negro citizens of the Old Dominion may send one of their number to the General Assembly before many years are past...

Author: /time Magazine | Title: MISSISSIPPI: New Tactic | 8/18/1947 | See Source »

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