Word: europeanizing
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Dates: during 1950-1959
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...stocking manufacturer, he started playing the piano at four, was giving recitals in his native St. Louis when he was six. By the time Frager graduated with honors from Columbia (major: Russian) he had already won several piano prizes, and taken a turn about a European concert circuit. What mainly impressed Leventritt judges was his bold and apparently effortless attack, his ability to strike emotional fires that sharpened rather than distorted the logic of any piece he was playing. While almost everybody else fidgeted nervously at last week's finals, Pianist Frager retired to the artists' room, snapped...
...farmer's kitchen window, the picture is titled Ground Hog Day (Feb. 2). Although it measures 40 by 40½ in., the tempera panel was painted with a miniaturist's exactitude. The firewood outside the window carries a symbolic suggestion of the yule log, which European rustics burn as a magical sacrifice to start the failing sun northward. The low winter sun gleams on the logs, and sidles through the glass into the bare kitchen...
...stern if fatherly lecture from U.S. Treasury Secretary Robert Anderson. Anderson underscored what the delegates already knew: the U.S. is suffering from a deficit in its balance of payments that is causing an outflow of gold from the U.S., steadily raising the amount of U.S. gold earmarked for European nations. The time has come, said Anderson, for the rest of the world to give a helping hand to the U.S. Said he: "There must be a reorientation of the policies of the earlier postwar period...
Dollar Discrimination. One policy that Anderson wants changed promptly is the discrimination by European nations against dollar imports. Such restrictions may have been necessary in the early postwar years, when these countries had a shortage of dollars. But now, said Anderson, prosperous European nations with big stocks of gold and short-term dollar assets (see chart) no longer "have any balance-of-payments justification for discriminatory restrictions." Unless Europe cooperates by eliminating such restrictions, Anderson hinted, the U.S. may have to take action-perhaps a cut in foreign aid-to correct the balance...
...Soft. Bob Anderson had other complaints. European nations and Japan, said he, are not doing their share to bear the cost of help to the world's underdeveloped nations; they should take over a greater share of the burden from the U.S. To this end Anderson had a pet U.S. project on hand: the establishment of an International Development Association (TIME, Aug. 19) to lend to underdeveloped nations from funds contributed by nations now belonging to the World Bank. The loans would be made on more liberal terms than the World Bank...