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South Korea's basic economic problem is agriculture: more than 60% of its 25 million population eke a living from land that is only 20% arable. Aggravating such poverty was a system of usurious interest rates for seed and equipment that ranged up to 60%, kept farmers in perpetual debt. The Park regime has cut interest rates to 20%, this spring distributed $77 million in farm credits...

Author: /time Magazine | Title: South Korea: New Life | 5/25/1962 | See Source »

...turkeys and hoosiers. In Columbus and Cleveland they are simply called hillbillies (the name they dislike most). By whatever name, more than a million impoverished white Southerners, comprising 20% of the population of the 250 Appalachian Mountain counties in nine Southern states, *moved northward between 1950 and 1960 to eke out a precarious living in the big cities. Packed into secondhand cars loaded down with their meager possessions, swarms still arrive every day in such cities as Chicago, Detroit, St. Louis, Cleveland, Cincinnati, Columbus, Dayton and Springfield. With them arrive the hopes, problems and frustrations of a new U.S. minority...

Author: /time Magazine | Title: Cities: Okies of the '60s | 4/20/1962 | See Source »

Both teams are undefeated. In Ivy competition, Yale has lost only two points (against Princeton), and Harvard three (also Princeton). Heavily favored last year. Yale was only able to eke out a shaky victory over the Crimson with Tony Lake taking West to five games in the clincher...

Author: By Jonathan D. Trobe, | Title: Squash Varsity To Oppose Yale | 2/24/1962 | See Source »

...Ferries has finally found the control to match his speed. At Kitzbühel fort night ago, he ranked eighth in the slalom after a mediocre 77.2-sec. first pass at the course. On his second run, Ferries clocked a sizzling 69.7 sec.-fastest time of the day-to eke out a .7-sec. victory over France's Périllat. Last week at Cortina, he picked up 1.4 sec. on his second pass, beat France's Charles Bozon by .4 sec. Said Ferries: "At the very least, you have to be confident...

Author: /time Magazine | Title: Sport: Cyclone on the Slopes | 2/9/1962 | See Source »

...bowl game. Matched against Ole Miss in Dallas' Cotton Bowl, Royal's Longhorns did both at once. They jumped to an early lead and hung on to win 12-7. In New Orleans' all-white Sugar Bowl, top-ranked Alabama relied on a stingy defense to eke out a 10-3 victory over Arkansas. In Pasadena's Rose Bowl, a crowd of 98,000 watched Minnesota shrug off an early U.C.L.A. field goal, romp to an easy 21-3 victory. And in Miami's rain-drenched Orange Bowl, Louisiana State's hard-rushing linemen...

Author: /time Magazine | Title: Sport: Scoreboard: Jan. 12, 1962 | 1/12/1962 | See Source »

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