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...things spared was an American flag, which the demonstrators carefully folded and turned over to a U.S. reporter "for safekeeping." Amid the crackle of gunfire from panicky cops, the rioters burned down a police station and the houses of two members of Rhee's graft-ridden Liberal Party. With chaos threatening, U.S. Ambassador Walter McConaughy issued a stiff public statement warning Rhee that "this is no time for temporizing...

Author: /time Magazine | Title: SOUTH KOREA: Quick to Wrath | 5/9/1960 | See Source »

LABOR REFORM : "Graft and corruption are symptoms of the illness that besets the labor movement, not the cause of it. The cause is the enormous economic and political power now concentrated in the hands of union leaders." Says he, in support of so-called right-to-work bills: "As long as union leaders can force workers to join their organization, they have no incentive to act responsibly . . . If unions had to earn the adherence of their members, the result would be-not only more freedom for the working man-but much less dishonesty and highhandedness in the management of union...

Author: /time Magazine | Title: National Affairs: Old Guard's NewSpokesman | 5/2/1960 | See Source »

Pick Your Operation. Brinkley called his operation a graft. It was. of course, merely a swindle. But goat glands caught on. There were difficulties at first; it developed that glands from Angora goats gave patients an enduring stench, so stinkless Toggenberg goats were used. Brinkley showed flair approaching genius by allowing his suckers to choose their own goats, much in the manner, as the author observes, as one could pick his own lobster at a Maine shore restaurant. Later, the goat doctor refined his pitch: "Operations performed according to your selection; you pay only for what you choose." The suckers...

Author: /time Magazine | Title: Books: Goats & Sheep | 4/25/1960 | See Source »

...play both ends against the middle. Schlieker will build only the midsections, which can then be towed across the Atlantic and enter the U.S. as "fabricated steel.'' McLean turns them into ships by simply buying old T-2 war-surplus tankers, hiring U.S. yards to graft the bows and sterns onto his German midsections, thus qualifying as "built in America." Total cost: less than $5,000,000 a vessel, a saving of 50% to 65%. So simple is the idea that other U.S. firms (e.g., American Ship Building) have ordered the midsections for several big ore carriers from...

Author: /time Magazine | Title: SHIPPING: Ends Against the Middle | 2/29/1960 | See Source »

...Certain Arrogance." While Pérez Jiménez and his cronies got rich from graft and his cops gunned down A.D. members, Betancourt traveled and talked at length and at leisure with the democrats of the hemisphere: Puerto Rico's Governor Luis Muñoz Marin (TIME cover, June 23, 1958), President José ("Pepe") Figueres of Costa Rica, former U.S. Assistant Secretary of State (under Franklin Roosevelt) Adolf A. Berle Jr. He lingered over garlicky meals in modest Manhattan restaurants, analyzed what had gone wrong. After nine years of wandering and pondering, he decided that...

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

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