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...body blow to the free world if the U.S. tried to solve the problem by slashing foreign aid or by retreating to protectionism after a decade of heartening progress toward freer trade. To avoid those paths, the U.S. will have to increase its exports, and that will entail meeting foreign-price competition by increasing productivity and translating part of the productivity gains into lower prices instead of higher wages...

Author: /time Magazine | Title: THE ECONOMY: End of an Easygoing Era | 11/28/1960 | See Source »

...part, the magnitude of this defensive effort would entail a long range commitment to the shelters as an essential element in a strategy of deterrence, and would hinder innovative policies on the peace front for some time to come. Ronald D. Quinn...

Author: NO WRITER ATTRIBUTED | Title: DETERRENT TO PEACE | 10/19/1960 | See Source »

Less Bother & Bookkeeping. But the bulk of the charter flight boom reflects the growing U.S. passion for seeing new places. The airlines like charter flights because they keep equipment in use during the off season. The flights entail less bother and bookkeeping than regular flights, since an entire plane is chartered for a flat rate (e.g., $22,000 for a DC-7C seating 79) to a group that collects the money from its members, handles the tickets and seating. For the economy-minded traveler, charter flights offer the equivalent of first-class service (meals include hors d'oeuvres, filet...

Author: /time Magazine | Title: TRANSPORTATION: The Sky Ball | 9/5/1960 | See Source »

...tested at a special chamber. My pay was to be $2.500 monthly . . . approximately the same as the captain of an airliner.'' (From the Russian audience came gasps of astonishment.) About "six or seven months after the con tract was signed." Powers learned that his duties might entail flights over Russia...

Author: /time Magazine | Title: RUSSIA: The Boy from Virginia | 8/29/1960 | See Source »

There were hints from London that Britain might also soon propose a further compromise-membership in a customs union with the Common Market Six that would not entail acceptance of the Common Market's ultimate goal of complete economic integration. Skeptics on the Continent saw this as an effort to enjoy the privileges of the club without paying dues. But to those who longed for the day when a united Europe would stretch from Belfast to Berlin, the sight of Britain beginning to budge even a little was as welcome as spring's first swallow...

Author: /time Magazine | Title: THE NATIONS: Dream of the Wise | 6/13/1960 | See Source »

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