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According to Means. A prime example is Philadelphia, where in 1952 the late Cardinal O'Hara, a stern foe of federal aid, launched a building campaign that gave Catholics enough schools to handle about 85% of their children (which is 39% of all Philadelphia's children). The schools charge no tuition, but collect money according to means. Poor parishioners with many children may give nothing at all. For building loans. O'Hara set up an archdiocesan "central bank.'' Rich parishes put up the cash at going interest rates; poor ones borrow it. with archdiocesan help...

Author: /time Magazine | Title: Education: How Much Is a Nun Paid? | 3/31/1961 | See Source »

...officials were hurling invective at Rhodesian Federation Prime Minister Sir Roy Welensky and pumping anti-white leaflets into apartheid-minded South Africa. But other agents were whittling away at the black regimes of the neighboring Ivory Coast and Togo, both of which Osagyefo (pronounced Oh-sah-jee-foe) would dearly love to annex. B.A.A.'s men were also active in the Congo, where Nkrumah sent top B.A.A. Agent Nathaniel Welbeck to guide Patrice Lumumba and advance his plan to bring the 14 million Congolese into Greater Ghana's political league. When Lumumba's death shattered this hope...

Author: /time Magazine | Title: Ghana: In the Limelight | 3/24/1961 | See Source »

...obvious prescription for attracting U.S. investment in 1961: the open encouragement of private enterprise. Three of the four nations that increased their intake of U.S. capital in 1960 have tough-minded builder Presidents: Chile with Industrialist Jorge Alessandri, Colombia with austerity-minded Alberto Lleras Camargo, Argentina with its determined foe of statism, Arturo Frondizi. As for Brazil's free-swinging Jânío Quadros, U.S. businessmen have concluded from his performance so far that he promises to be as conservative in economics as he is radical in politics and diplomacy...

Author: /time Magazine | Title: The Hemisphere: Investment Going Down | 3/17/1961 | See Source »

...summer, hopes to switch to a new system as soon as possible. But the problem is formidable: Thousands of stock tickers that are geared to the old narrower tape will have to be replaced, and new screen and projection equipment for handling the new tape will have to foe developed...

Author: /time Magazine | Title: Wall Street: Computers to the Rescue | 3/17/1961 | See Source »

...foe we fear is each other," she explained. "The black man fears the domination of the white and the white fears belonging to a minority which could be upset at any moment...

Author: By Mary ELLEN Gale, | Title: Gordimer Claims Racial Tension Permeates South African Novels | 3/9/1961 | See Source »

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