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...first Juan Corona seemed an unlikely suspect. He is married and the father of four daughters who have achieved the Chicano dream of middle-class American respectability. His stucco-and-wood ranch-style house in Yuba City proudly boasts a front-window trophy that Corona won last year for float decoration in the annual Our Lady of Guadalupe parade. He is deeply devoted to the Roman Catholic Church and is a member of the Cursilistas, a group trying to revive religion among Chicanes. Said his distressed wife Glo-rida: "He was always a good husband. He treated us right, without...

Author: /time Magazine | Title: CRIME: Anatomy of a Murder Suspect | 6/14/1971 | See Source »

...Corona goes to trial, it would surely be the goriest-and hence the most sensational-in the nation's annals of mass murder. Whatever happens, one thing is certain: there will be no float-parade trophy this year to fill the other front window of the neat house on Richland Road. The window is occupied anyway-by a brass balance scale, the ancient symbol of justice...

Author: /time Magazine | Title: CRIME: Anatomy of a Murder Suspect | 6/14/1971 | See Source »

...priced agricultural produce, and a formula for British contributions to the EEC's central budget. A number of other developments, however, helped ensure a hospitable climate for last week's summit meeting. One was West Germany's recent unilateral decision to allow the Deutsche Mark to float; the action, designed to combat West German inflation, upset other members of the Six and helped persuade Pompidou that some counterweight to German power was needed. Another favorable development was the U.S. Senate's defeat of the Mansfield resolution, which alarmed Europeans by calling...

Author: /time Magazine | Title: The World: Europe: The British Are Coming!?* | 5/31/1971 | See Source »

...Schumann went to Paris for the weekly Cabinet meeting. When he returned that evening, France's position had measurably mellowed. To a large degree, the Germans were responsible for that. Earlier in the week Bonn decided to cope with its nagging inflation by allowing the mark to float in relation to other currencies. In terms of national interest, the decision was perfectly defensible, for nothing upsets the West German voter so much as monetary instability. In the context of the Common Market, however, the decision was highhanded, for it upset the parity rates among the currencies...

Author: /time Magazine | Title: The World: Common Market: Breakthrough in Brussels | 5/24/1971 | See Source »

Back-Door Devaluation. The West German mark and Dutch guilder were allowed to float-find their own value in free trading. By week's end the mark had floated up 3.7%, to 28.3?, and the guilder had risen 2.2%, to 28.2?. Two other currencies were formally revalued: the Swiss franc went up 7%, to 24.46?, and the Austrian schilling 5%, to 4.04?. Belgium adopted a perplexing two-price system for its franc, maintaining the old value of 2.01? on export-import dealings and letting the rate float on investment and loan transactions; at week's end the free...

Author: /time Magazine | Title: MONEY: Alternatives to Economic Nationalism | 5/24/1971 | See Source »

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