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...principle, the West Germans believe in foreign aid-it rebuilt their economy after World War II. But they have been annoyingly frugal about giving out any, even though their coffers have been filling with gold at the rate of $1 billion a year while U.S. reserves are shrinking. Last week, under heavy pressure from the U.S. to help stanch the drain on U.S. gold, West Germany finally agreed to ante up. After a chat between Kennedy and West German Foreign Minister Heinrich von Brentano, the West Germans announced a long-range foreign aid program of about $1 billion a year...

Author: /time Magazine | Title: West Germany: A Promise | 2/24/1961 | See Source »

...signing 2,500 laws and documents a year, attending 50 or more public functions on the palace grounds. He still keeps a properly royal reserve. At one affair, he was startled when a brash U.S. Congressman wanted him to autograph a 100-yen bill; he refused. A fussily frugal man who goes around turning out unneeded lights, Hirohito is fond of wandering in old clothes about the grounds with a trowel in hand in case he spots a choice sample of fungus. But the Emperor's real passion is the crab. On his days off, wearing a leather jacket...

Author: /time Magazine | Title: Japan: Emperor's Year | 1/13/1961 | See Source »

...slowly building a town; using seashells from the coast as a cheaper substitute for the gravel needed to make concrete. He lives in a prefabricated house just like most of the other prefabricated houses in Nouakchott, contents himself with a tiny Citroen, and sees that his ministers are equally frugal...

Author: /time Magazine | Title: MAURITANIA: Hope in the Desert | 4/18/1960 | See Source »

...Whatever your income, save some of it," said lean, frugal Charles E. Stillings, 81. It seemed a nice homily from an old retired railroadman who lives in a shabby hotel room overlooking the New Haven train tracks at Stamford, Conn. His own income, during all his years as foreman of the New Haven Railroad's power plant at nearby Cos Cob, never reached $100 a week. But laconic Bachelor Stillings practiced just what he preached. He put most of his savings in blue chip common stocks-and held...

Author: /time Magazine | Title: Education: Thrifty Trainman | 2/29/1960 | See Source »

Returning to Abilene in 1952, Dwight Eisenhower spoke of his mother and father. "They were frugal," he said, "possibly of necessity, because I have found out in later years that we were very poor. But the glory of America is that we didn't know it then." In a 1959 speech, he again drew on his memories, going back to his days as an Army subaltern, newly married to Mamie Geneva Doud, when he scrimped to buy a tiny insurance policy. "Well," he said, "I gave up smoking readymade cigarettes and went to Bull Durham and the papers...

Author: /time Magazine | Title: THE PRESIDENCY: Man of the Year | 1/4/1960 | See Source »

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