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...nearly bought diaries purportedly written by Admiral Wilhelm Canaris, Nazi Germany's chief of military intelligence until 1944. On the scent of sensational revelations, Irving and the British publishers William Collins Sons deposited $120,000 in a West German bank for the privilege of examining a twelve-page extract from the typewritten documents, which bore a signature that was allegedly Canaris'. When tested by a London laboratory, the signature proved to have been written with a ball point pen, an instrument that came into use in Germany after Canaris was executed on Hitler's orders...

Author: /time Magazine | Title: A Bull Market in Phony Naziana | 5/16/1983 | See Source »

...Schmidt's approval: a simultaneous U.S. offer to open negotiations with the Soviet Union on intermediate-range missiles in Europe. Giscard argued that this would make the deployment decision more acceptable to West European public opinion, but that only a demonstration of the will to deploy could extract concessions from the Soviets. The four leaders ultimately agreed. In December 1979, ministers representing all 15 NATO members unanimously approved what came to be known as the two-track decision: deployment of 572 cruise and Pershing II missiles to take place if the U.S. and the Soviet Union did not make...

Author: /time Magazine | Title: Ironies of History | 5/9/1983 | See Source »

...could come to peace talks with only one option surrender. A contender whose candidacy lives or dies on the freeze issue would face political death were he to pursue the cause less than singlemindedly as President. In such a situation, the Soviets would enjoy substantial leverage, allowing them to extract sizable American concessions in exchange for consenting to the President's plea for a freeze...

Author: By Paul A. Engelmayer, | Title: How Not to Beat Reagan | 4/23/1983 | See Source »

...largest remaining synfuels project also looks a bit wobbly. That is the $2.1 billion, 750-employee Great Plains venture to extract synthetic gas from coal near Beulah, N. Dak. Great Plains, owned by five energy and utility firms, had planned to charge up to $10 per 1,000 cu. ft. of gas. But the facility, currently 70% complete, could charge no more than $6.25 per 1,000 cu. ft. because of the fall in fuel-oil prices, to which the gas rates are pegged. At those prices, Great Plains looks like a terrible investment for its owners. They are turning...

Author: /time Magazine | Title: Coming Up with Dry Holes | 4/18/1983 | See Source »

...real impetus to the arms contest, according to the author, came in the post-war settlements. In contrast to Americans who believed that the newly developed and used atomic bomb had little leverage in U.S. foreign policy, the Soviets viewed the mighty weapon as the Allies' means to extract concessions from Stalin. Thus began the familiar pattern of Soviet attempts to match Western technological and military breakthroughs...

Author: By William S. Benjamin, | Title: The Longest Race | 4/16/1983 | See Source »

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