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...tight exchange regulations aimed at halting the flight of capital. He was partially successful. After two straight years in which G.N.P. had declined an average 4.6%, the government reported that output in 1964 rose 8.2%. In the process, however, wages and living costs both shot up 30%, while meat, grain and wool exporters began complaining that high production costs and an artificially low exchange rate made it almost impossible to compete in world markets...

Author: /time Magazine | Title: Argentina: Going It Alone | 4/30/1965 | See Source »

...impossible to live in China for five years without picking up many Chinese social values. Waste of any kind is one of the worst sins there; math problems frequently take the form: "If every Chinese wasted one grain of rice each day and each grain of rice weighs one gram...." I learned to write on both sides of scratch paper before throwing it away and to use pencils until I could barely hold them. We always ate everything off our plates including the crust of rice around the edge of a bowl...

Author: By William W. Hodes, | Title: An American Looks at Communist China | 4/28/1965 | See Source »

...years later the government proclaimed a national campaign to exterminate sparrows, one of the "four pests," (they eat many times their weight in grain each day) and Peking did its part in a one-day all-out effort. Early in the morning, the whole population started making noise and shooing sparrows. Every-where in the city, the sight of a single sparrow on a rooftop or in a tree was the signal for a tumult of shout, gongs and tin cans...

Author: By William W. Hodes, | Title: An American Looks at Communist China | 4/28/1965 | See Source »

...came right up to them to wring their necks. One or two areas in the parks were deliberately left "quiet," and here an army of BB-gunners lay in ambush for the resting sparrow. Some of our British comrades demurred, of course, but the campaign saved many tons of grain for the Peking area...

Author: By William W. Hodes, | Title: An American Looks at Communist China | 4/28/1965 | See Source »

...Manitoba has put up 40 buildings in ten years. Some of them are for a new University College based on Oxbridge, where each student wears a burgundy-colored robe and is assigned to a tutor. Manitoba's plant scientists are close to producing the first new species of grain developed by man: a combination of wheat...

Author: /time Magazine | Title: Universities: A Flowering Up North | 4/23/1965 | See Source »

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