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Among the most important of the friends is Prince Souvanna Phouma, one of the two rival "Premiers" of Laos. Fortnight ago, neutralist Prince Souvanna sent an aide to Wilde's hotel room in Pnompenh, Cambodia, to tell him he had just half an hour to get one of the best stories of his career: a trip to the Communist side of the front in Laos. Wilde hurried aboard the Ilyushin-14 that was waiting at Pnompenh airport to fly Souvanna north...

Author: /time Magazine | Title: A Letter From The Publisher: Mar. 10, 1961 | 3/10/1961 | See Source »

...goes on in the rebel-controlled stronghold of north-central Laos? Last week TIME Correspondent James Wilde got a rare chance to see for himself. The Russians have been busily wooing Prince Souvanna Phouma, 59, who was Premier of Laos until he fled to exile in Cambodia last December. Fortnight ago, over dinner and a bottle of vodka at Russian Ambassador Aleksandr Abramov's house in the Cambodian capital of Pnompenh, Prince Souvanna agreed to visit the rebel stronghold. He took along his old friend, Correspondent Wilde, who flew out last week with Souvanna and filed an eye-witness...

Author: /time Magazine | Title: Foreign News: THE RUSSIANS IN LAOS | 3/10/1961 | See Source »

Flat Note. How effectively this silence works to Cuba's advantage was pointed up last week by a Guatemalan attempt to rally collective action against Castro. Fortnight ago, with U.S. approval, the Guatemalan government sent a formal note to foreign ministries across the hemisphere urging, in effect, total isolation of Cuba from the rest of the Americas both economically and diplomatically...

Author: /time Magazine | Title: The Americas: Silent Disenchantment | 3/10/1961 | See Source »

Inside the coffin was the body of Lutfi Kirdar, Minister of Health in Turkey's late, deposed regime. Sickly and burdened with 72 years of age, Kirdar had dropped dead fortnight ago while testifying before the court trying ex-Premier Adnan Menderes and other leaders of the regime that Kirdar had once served. Present at the obsequies in Istanbul's Sisli mosque was a menacingly large crowd of 1,500 mourners, many genuinely bereaved but many others expressly come to show defiance of General Cemal Gursel's ruling military junta. To do so, they chose to consider...

Author: /time Magazine | Title: Turkey: Return of the Donkey | 3/3/1961 | See Source »

...interest rates on home loans from 5¾% to 5½% The Treasury has begun switching more of its financing into short-term securities: by satisfying the demand for short-term investments, it can thus drive short-term interest rates up. The demand is clearly present in the market: fortnight ago, a Treasury refunding offer of $6.9 billion in 18-month notes at 3¼% was oversubscribed by nearly $19 billion. The firming of short-term rates, plus other keep-gold-at-home measures, has already begun to pay off. London gold prices last week dropped...

Author: /time Magazine | Title: State of Business: Long & Short Seesaw | 3/3/1961 | See Source »

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