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Meanwhile, in his office above the pro's shop at the Augusta National Golf Club, President Eisenhower began hammering out the domestic budget for fiscal 1961 with his top Cabinet officers. "Gentlemen," he had told them at a session fortnight before in Washington, "you are going to have to prove each item to me." Despite pressures of rising prices and cries for ever more costly military hardware, the President was determined to make a balanced budget his top domestic priority...

Author: /time Magazine | Title: THE ECONOMY: The Quiet Crusader | 11/23/1959 | See Source »

Bookish Football. Robert Anderson had an old-fashioned upbringing in a close-knit, pious, hard-working family in Johnson County. Texas, just south of Fort Worth. His father (who died fortnight ago at 81) was a storekeeper in the little town of Burleson, later took up farming on a 120-acre tract in Godley. Stricken at three with an attack of polio that left him with a limp, Bob grew up a bookish, unathletic lad, but he did his farm chores right along with the four other Anderson children. "He was serious-minded," his mother recalls. "From the time...

Author: /time Magazine | Title: THE ECONOMY: The Quiet Crusader | 11/23/1959 | See Source »

...international economic policies. The IMF executive board urged member nations with adequate gold and dollar reserves to end discrimination against U.S. goods "with all feasible speed." A few days later, the meeting of the 37-nation General Agreement on Tariffs and Trade in Tokyo echoed the same theme. Fortnight ago. Britain, France and Japan all set about complying with the spirit of the IMF and GATT meetings. Britain wiped out quotas on most U.S. goods. France pared some tariffs on U.S. imports, scrapped a batch of import quotas, promised to get rid of the rest within two years. Japan promised...

Author: /time Magazine | Title: THE ECONOMY: The Quiet Crusader | 11/23/1959 | See Source »

...integrated, internationally commanded force in which each member nation would concentrate on the weapons and services that it was particularly well equipped to supply. This concept De Gaulle is openly determined to eradicate. Said he in a little noticed speech to France's Center of Advanced Military Studies fortnight ago: "If France should have to fight a war, then it must be its own war. It must defend itself by itself and in its own fashion . . . Naturally, if the case demands, French defense will be coupled to that of other countries, but . . . the system of integration which prevailed during...

Author: /time Magazine | Title: THE ALLIES: Setting the Pace | 11/23/1959 | See Source »

Italy's President Giovanni Gronchi, 72, is a left-minded politician serving a seven-year term of office in the ornate, mirrored Quirinale Palace, which he considers a gilded cage. Playing host to the beauteous Grace Kelly and her husband, the Prince of Monaco, as he did fortnight ago, comes under the heading of work; Gronchi longs to play a more vital role in world politics...

Author: /time Magazine | Title: ITALY: The President's Wish | 11/23/1959 | See Source »

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