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...NATO's new Paris headquarters last week, the glow of cheer was nearly as bright as the premature spring sunshine that caressed strollers on the Champs Elysées. For one thing, France-Soir, biggest of Paris dailies, reported that Charles de Gaulle had instructed his top brass: "You make arrangements with the Atlantic organization for air and naval cooperation. I personally will settle with Eisenhower the problems of stocking U.S. atomic bombs in France." For more than a year, De Gaulle's open hostility to the NATO concept of integrated Western defense had given the alliance...

Author: /time Magazine | Title: NATO: Harbingers of Spring | 2/29/1960 | See Source »

...horseshoe seems to glow more golden every year. As its population has increased at the rate of nearly 5% yearly (from 1,700,000 in 1950 to 2,500,000 now), a colorful spectrum of new industry has set up shop: last year alone 32 factories moved into metropolitan Toronto. Says William Nickle, Ontario's Minister of Planning and Development: "It's an ongoing process-as there is more population there is more industry, and as there is more industry there is more population...

Author: /time Magazine | Title: CANADA: An Ongoing Process | 2/22/1960 | See Source »

HEADING eastward over the Arizona desert, high-flying transport pilots can pick up the urban glow of Phoenix from 70 miles out, as the city lies like a blue-white solitaire upon limitless black velvet. Though Phoenix expanded its limits from 17.1 square miles in 1950 to its present 110-square-mile area to make room for a tripled population (373,000), it remains no more than a brightly lit patch upon a landscape characterized by vastness...

Author: /time Magazine | Title: National Affairs: ARIZONA: THRIVING OASIS Energy Fills the Open Spaces | 2/15/1960 | See Source »

...that will rise daily from the ocean floor ended months of misfortune that had brought the company near bankruptcy. An eleven-day fire in its offshore platform had cost the cash-short firm $780,000. and stockholders had refused to ante up any more capital. Now, flushed with the glow of sudden prosperity and the promise of Japanese government help, Arabian Oil President Taro Yamashita plans to sink 42 more wells in the next four years, expects to spend an additional $167 million to supply Japan with a third of its 240-million-barrel annual petroleum requirement...

Author: /time Magazine | Title: BUSINESS ABROAD: The Japanese Wildcat | 2/15/1960 | See Source »

Caracas, 300 miles to the east, consumes the oil money with gaudy flamboyance. At night, searchlights turn the circular Hotel Humboldt to a tower of golden glow at the end of its cable car, 4,000 feet above the city on Mount Avila. Inside the red-plush walls of La Belle Epoque restaurant, the oil lawyers and the air-conditioner distributors hoist $2.40 martinis and down $20 dinners. Visiting businessmen snap on black ties and pad down the corridors of the jammed Hotel Tamanaco, bound for nightclubs where sleek performers dance the traditional, twirling, fast-stepping joropo to the sound...

Author: /time Magazine | Title: VENEZUELA: Old Driver, New Road | 2/8/1960 | See Source »

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