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Until the reforms get under way, Spain hopes to get a temporary summer fillip from the tourist trade (about $100 million a year). But for the long haul, Spain looks for U.S. aid to put the country on its feet. Since 1954, stopgap U.S. food shipments at times prevented near fam ine, and $460 million in U.S. aid virtually kept the country solvent. Last week Span ish newspapers were blasting the U.S. for doling out less than the $200 million a year that Spain insists it needs. Actually, Spain will get very close to that amount: about $150 million...

Author: /time Magazine | Title: Business: Free Enterprise for Franco? | 4/1/1957 | See Source »

...herded the women upstairs at pistol point, tied them with curtain cords, locked them in a bathroom, and-undetected by a private secretary asleep upstairs-systematically ransacked the house. Soon afterwards they walked away with a wad of bank notes and the French underworld's biggest haul of stolen jewelry (estimated value: $285,000) since the Aga Khan's wife was robbed of $500,000 worth on the Riviera in 1949. It was not. however, so much the size of the haul that gave the burglary its special interest as the identity of the householder and the fact...

Author: /time Magazine | Title: FRANCE: A Miserable Little Robbery | 3/25/1957 | See Source »

DAYLIGHT TIME will be tried out by Pennsylvania Railroad for all its passenger schedules beginning April 28. The first major long-haul rail line to advance its timetables and clocks by one hour, Pennsy will decide later whether to make shift every year for convenience of its customers...

Author: /time Magazine | Title: Business: TIME CLOCK, Mar. 25, 1957 | 3/25/1957 | See Source »

...photographic editorials" showing potholed pavements and exposed water lines. In their eagerness to clear or smear the city administration, the papers even scrapped over details of a drunk-driving arrest; the Herald-Post declared that police had beaten the driver, one Isidro Fernandez, and used a chain hoist to haul him out of a ditch. Sneered Pooley, whose cop-baiting helped drive one El Paso police chief to a nervous breakdown: "Ah, such big, bold, efficient lawmen...

Author: /time Magazine | Title: The Press: Crank's Crank | 3/18/1957 | See Source »

Summed up General Schriever in a remark that rescued space travel once and for all from the realm of science-fiction fantasy: "In the long haul our safety as a nation may depend upon our achieving space superiority. Several decades from now the important battles may not be sea battles or air battles, but space battles, and we should be spending a certain fraction of our national resources to ensure that we do not lag in obtaining space supremacy." In that effort, Schriever made it substantially clear, the U.S. was determined...

Author: /time Magazine | Title: National Affairs: The Battle for Outer Space | 3/4/1957 | See Source »

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