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...beginning of the school year most serving ladies taste, figuratively, like grapefruit juice. They all frown or smirk as they dole out small portions. Within a fortnight one can pick out the true grapefruit-juice specimens. They are usually under fifty, and suspect sexual motives in the student's eager smile. Often they try to give the impression that they could beat you up if you tried anything...

Author: By William H. Smock, | Title: The Four Flavors of Serving Ladies | 12/14/1964 | See Source »

Patriotism over Profit. Just after the Federal Reserve raised the discount rate a fortnight ago, the Administration used its well-tested jawbone tactics on top Manhattan bankers, who usually set the pattern in the national loan market. Treasury Secretary Douglas Dillon telephoned his old friends and, according to Wall Street insiders, Johnson himself got on the horn to some bank chiefs, notably Morgan Guaranty's Henry Clay Alexander. The Administration satisfied itself that the New York bankers would make no immediate increases, partly because their supply of money was well ahead of the loan demand from cash-heavy...

Author: /time Magazine | Title: The Economy: A Strategic Withdrawal | 12/11/1964 | See Source »

...days when sterling was supreme. The most influential among them is the scion of a 200-year-old banking family: George R. S. Baring, 46, third Earl of Cromer, who, as the outspoken and energetic Governor of the Bank of England, was the chief British architect of last fortnight's $3 billion rescue of the pound. At the top of the private banks are scores of modern-day Rothschilds, Schroders, Brandts, Hambros and other heirs to ancient City fortunes. Despite this strong affection for family and school ties, the City is increasingly looking outward for talent to maintain...

Author: /time Magazine | Title: Britain: Citadel of the Commonwealth | 12/11/1964 | See Source »

...would be asked whether the accused was innocent or guilty. There was seldom any doubt about the verdict. In the square near Kindu's main shopping district, hundreds of Congolese were burned to death with gasoline in front of the local Lumumba monument. Following Kindu's recapture fortnight ago, government forces blew up the monument; the adjoining pavement was still cracked and blackened from the rebel burnings...

Author: /time Magazine | Title: The Congo: The Hoodlum Rebels | 11/20/1964 | See Source »

...Once a fortnight, by United Nations authorization, a truck enters Mount Scopus, loads books from among the 250,000 that remain in the abandoned library, returns via the Mandelbaum Gate and takes its cargo to a striking new 250-acre campus that crowns the Judean Hills of Israel. There, in buildings made of pink limestone quarried on the site, Hebrew University is in the midst of a flourishing rebirth...

Author: /time Magazine | Title: Education Abroad: Survival Through Brainpower | 11/13/1964 | See Source »

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