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...fall of 1978, Fran Tate had the notion to open a Mexican restaurant in Barrow, Alaska. She had canvassed the town-there are, if you count the transients, roughly 3,000 people there, 80% of them Eskimos-and Mexican food is what they said they favored, overwhelmingly. The more she thought about it, the more she liked the idea, and one day, in a fit of enterprise, she seized a board, a piece of two-by-four, it being the nearest thing at hand, and drew her plans on it-the kitchen, the dining room seating arrangement, all that. Fran...

Author: /time Magazine | Title: In Alaska: Where the Chili Is Chilly | 6/25/1984 | See Source »

...certain Mr. Peterson at the bank asked, "How much do you want?" Fran said, "Eighty-seven thousand dollars...

Author: /time Magazine | Title: In Alaska: Where the Chili Is Chilly | 6/25/1984 | See Source »

...Fran got blueprints. The bank still turned her down. Then ten other banks turned her down. Barrow, dark 24 hours a day in the winter, light 24 hours a day in the summer, treeless, ice-ridden Barrow, lusted for a Mexican restaurant, Fran claims. "So I just overdrew my checking account by $11,000, wrote a hot check, let a couple of big bills slide and opened Pepe's North of the Border...

Author: /time Magazine | Title: In Alaska: Where the Chili Is Chilly | 6/25/1984 | See Source »

...French traditionally oppose political statements at economic summits, but President François Mitterrand agreed to go along. At first, the U.S. wanted the declaration to include a commentary on East-West relations. The idea was dropped after the French objected, and the U.S. proposed the idea of a separate East-West statement. Then summit aides labored until 3 a.m. to produce a draft wording for the Thatcher-inspired values document...

Author: /time Magazine | Title: Summitry: A Most Exclusive Club | 6/18/1984 | See Source »

...help transport their cannons across the snow-covered Great St. Bernard Pass. Napoleon sent an IOU promising, "I will reimburse everything." Since then the citizens of Bourg St. Pierre have been trying in vain to collect the 30,254 gold francs they say they are owed. When President François Mitterrand visited Switzerland last year, they politely reminded him of the outstanding debt. They did not ask for a specific sum, however, because with compound interest the amount would have reached tens of millions of dollars...

Author: /time Magazine | Title: Switzerland: Paying Up - Sort Of | 6/11/1984 | See Source »

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