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...TIME erred. Fortnight ago Maserati's creditors approved the controlled-man-agement plan, under which the company can get a moratorium on debts for a stated period and can revamp its credit structure through procedures similar to those used by U.S. corporations that are not insolvent...

Author: /time Magazine | Title: Letters, may 19, 1958 | 5/19/1958 | See Source »

From former (1949-53) U.S. Secretary of State Dean Acheson, speaking last fortnight in Detroit and last week at the University of New Hampshire, came two forceful, well-argued statements on U.S. foreign policy...

Author: /time Magazine | Title: FOREIGN RELATIONS: Forceful Speech | 5/19/1958 | See Source »

...Bell Aircraft's X2, carried aloft by a mother plane, reached 126,000 ft. The previous world's record (unofficial) in ground-to-air flights-80,190 ft.-was made a fortnight ago by a French Trident...

Author: /time Magazine | Title: ARMED FORCES: Rider in the Purple Sky | 5/19/1958 | See Source »

...could devote myself for a while to activity outside Parliament, outside the Prime Minister's job, and then come back. That is the problem before me, and it is not a question that can be solved by loud acclamation." He was hoping to leave in a fortnight with his daughter Indira for the cool, piny forests of Uttar Pradesh, there to sleep under the stars, ride ponies, climb mountains and go boating. He had served his country as leader for 10½ years, and felt "flat and stale...

Author: /time Magazine | Title: INDIA: The Tired Man | 5/12/1958 | See Source »

...fight, Western Air Lines was in its ninth week of strike, with all 83 flights grounded and corporate losses running to $35,000 daily. The threat of similar "third-man" strikes hangs ominously over Eastern, Pan American, T.W.A. and American Airlines, whose militant pilots only postponed a strike a fortnight ago on special pleas from the National Mediation Board...

Author: /time Magazine | Title: Business: Third-Man Theme | 5/5/1958 | See Source »

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